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Showing 1151 - 1160 of 4056 results for "LIT"

AMP Capital adds to student living portfolio

JAMIE WILLIAMSON  |  TUESDAY, 27 NOV 2018
AMP Capital entered a long-term agreement to manage the first student accommodation facilities to be offered at the University of Melbourne. The investment manager, via the AMP Capital Diversified Infrastructure Trust, will manage the refurbishment ...

Should banks fund customer litigation?

HARRISON WORLEY  |  TUESDAY, 27 NOV 2018
NAB chair Ken Henry openly asked the Royal Commission whether the bank should fund customer litigation against itself. Remerging at the Royal Commission, NAB's plan service fee issue became a focal point of discussion between the bank's chair and counsel ...

Labor franking credit changes fair but not the best: Grattan

KANIKA SOOD  |  MONDAY, 26 NOV 2018
Grattan Institute has called Labor's plan to end refunds of excess franking credits a "fair way" to improve the Federal Budget but it is still "second-best" as there are better solutions. Grattan's budget policy director Danielle Wood and fellow ...

Royal Commission on social media: Executives grilled

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
As the Royal Commission turned its attention financial services executives this week, commentators took to twitter to have their say. The evidence in the Royal Commission skillfully examined by star QC Rowena ORR is stunning. Board requested former ...

Royal Commission: ASIC rethinks negotiation tactics

KARREN VERGARA  |  FRIDAY, 23 NOV 2018
ASIC chair James Shipton has admitted the corporate regulator was too reliant on negotiating resolutions with financial services firms and flagged litigation could take precedence, the Royal Commission heard. Shipton told counsel assisting Rowena Orr ...

FICAP launches 2019 program, names new charity

MICHELLE BALTAZAR  |  THURSDAY, 22 NOV 2018
The Finance Industry Community Aid Program (FICAP) is gearing up for its "Who Wants to be a Rockstar?" fundraiser, with the new charity announced this month. Last Thursday, the FICAP committee and the charity beneficiaries from this year's fundraising ...

SelectingSuper honours super industry leaders

DARREN SNYDER  |  THURSDAY, 22 NOV 2018
A $37 billion industry superannuation fund reclaimed its position as fund of the year at the annual Rainmaker SelectingSuper Awards in Melbourne this morning. Hostplus was crowned fund of the year. It was one of five awards for the industry fund, including ...

Aussie companies drop dividends

KANIKA SOOD  |  MONDAY, 19 NOV 2018
Australian companies paid about $820 million less in dividends in the third quarter than the corresponding period from 2017 as dividend growth at local banks flat lined. ASX-listed companies paid out US$24.5 billion ($33.5bn) to shareholders in quarter ...

AI ramping up but legal risks remain

KANIKA SOOD  |  FRIDAY, 16 NOV 2018
Financial services companies are betting on artificial intelligence (AI) more than ever, but remain sceptic of compliance and legal risks of the technology, according to a new Baker McKenzie report. Baker McKenzie surveyed 355 financial services leaders ...

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
More investors are turning to fixed income ETFs as a way to finetune their bond portfolios. Karren Vergara finds out what is driving the demand and why this new wave of defensive ETFs is here to stay. Recalling the sharp market correction that stung ...