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Showing 1101 - 1110 of 2427 results for "NEC"

Grant Samuel wins RE mandate

JAMIE WILLIAMSON  |  MONDAY, 4 DEC 2017
Grant Samuel Funds Management is the new responsible entity of the Munro Global Growth Fund. Following approval by shareholders, GSFM has replaced Munro Asset Management - the AFSL holder for Munro Partners - as responsible entity of the fund. In June ...

Industry super fund adapts new life insurance model

DARREN SNYDER  |  FRIDAY, 1 DEC 2017
A $45 billion industry superannuation fund has undergone an insurance overhaul to bring its offering in line with major competitive shifts in the super system. Among the changes at REST Industry Super, new members will pay up to 25% less for default ...

Government superannuation bills will stand despite Royal Commission: O'Dwyer

EMMA RAPAPORT  |  FRIDAY, 1 DEC 2017
The inclusion of superannuation in the Royal Commission into banks and the broader financial services sector will not delay any proposed or announced policy initiatives on super, Minister for Revenue and Financial Services Kelly O'Dwyer has confirmed. ...

Superannuation fears regulatory strangle: ASFA

EMMA RAPAPORT  |  WEDNESDAY, 29 NOV 2017
The greatest threat to Australia's $2.5 trillion superannuation system is regulatory overreach and strangulation in red tape. This was the takeaway message from Association of Superannuation Funds of Australia (ASFA) independent chair Michael Easson ...

Sydney licensee caught out on conflicts

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2017
ASIC accepted an enforceable undertaking from a Sydney investment banking, stockbroking and research firm following an investigation into conflicts of interest. In July 2015 Foster Stockbroking was the sole lead manager for the initial public offering ...

Mercer assists super fund members experiencing domestic violence

JAMIE WILLIAMSON  |  FRIDAY, 24 NOV 2017
A new framework outlining best practice for dealing with victims of family violence is now available free of charge to Australia's superannuation funds ahead of White Ribbon Day on Saturday 25 November. In the past two years Mercer Australia has received ...

The age of algorithmic advice

KARREN VERGARA  |  FRIDAY, 24 NOV 2017
The rise of the "algorithmic advisers" requires a change in attitude and mindset from the financial advice and planning communities. Futurist and chief executive of global consultancy firm Tomorrow, Mike Walsh, told the 2017 Financial Planning Association ...

The price is not right

BENJAMIN ONG  |  THURSDAY, 23 NOV 2017
Quo vadis inflation? The minutes of the Fed's 31 October - 1 November FOMC meeting revealed Yellen & Co's continued confusion over the unresponsiveness of consumer price inflation to undeniably solid growth in the economy. According to the minutes ...

ASIC recoups $40m from NAB and ANZ

ALEX BURKE  |  TUESDAY, 21 NOV 2017
NAB and ANZ will pay ASIC $20 million each to cover investigation costs over the banks' participation in the setting of the bank bill swap rate (BBSW). On November 10, the Federal Court ruled that both banks had attempted to engage in "unconscionable ...

Japan on reverse cycle?

BENJAMIN ONG  |  TUESDAY, 21 NOV 2017
Everything that could go right is going right for Japan. Prime Minister Shinzo Abe won by landslide at the 22 October 2017 general elections, ensuring that sitting Bank of Japan (BOJ) governor Haruhiko Kuroda will be re-appointed when his term expires ...