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Showing 1151 - 1160 of 2042 results for "TAI"

IOOF advice firm jumps ship to Fitzpatricks

LAURA MILLAN  |  WEDNESDAY, 1 JUL 2015
An advice firm licensed under IOOF-owned Lonsdale has changed dealer groups and moved to non-aligned Fitzpatricks Private Wealth. Hobart-based Main Street Financial Solutions is licensed under Fitzpatricks starting July 1, 2015, principal Charles Badenach ...

Market to open higher

AAP  |  FRIDAY, 19 JUN 2015
The Australian market looks set to open higher, after Wall Street stocks rose one per cent overnight. At 0704 AEST on Friday, the September share price index futures contract was up 39 points at 5,505. The Nasdaq has powered to a fresh record, easily ...

Philo in growth mode after losing key mandate

ALEX BURKE  |  THURSDAY, 18 JUN 2015
Philo Capital is investing in growth after being replaced by State Street Global Advisors (SSGA) to provide portfolio construction services for key client Centric Wealth. Philo had a fixed-term contract with Centric which ended around May. Parent group ...

Over-reliant bank lending slows OECD economic growth

DARREN SNYDER  |  THURSDAY, 18 JUN 2015
An over-reliance on bank lending poses risks to long-term growth in Australia, according a new report by the Organisation for Economic Co-operation and Development. The report said recent financial development shows further expansion of bank credit ...

Advice firm acquires $1bn accountancy business

LAURA MILLAN  |  MONDAY, 15 JUN 2015
Aura Group has acquired a majority stake in Accountable Financial Group (AFG), an accountancy firm with a focus on self-managed super funds (SMSFs) and just under $1 billion in assets under advice. Aura Group managing director Calvin Ng said the acquisition ...

Australia bottom of the class for portfolio disclosure

MARK SMITH  |  THURSDAY, 11 JUN 2015
Australia has come dead last in a study of portfolio disclosure standards across 29 countries. The Morningstar Global Fund Investor Experience Report assesses managed fund investor experiences in 25 countries (expanded to 29 for the published article) ...

Australia a priority for HSBC despite job cuts

LAURA MILLAN  |  WEDNESDAY, 10 JUN 2015
HSBC said Australia is a priority market, but has not confirmed if the decision to cut 25,000 jobs globally will affect the business down under. The group confirmed that it wants to reduce its risk weighted assets by 25%. To achieve that, it will sell ...

China infrastructure push to boost Australia exports

LAURA MILLAN  |  TUESDAY, 9 JUN 2015
The slowdown in Chinese growth and its transition towards a consumer-focused economy have hurt Australia's terms of trade, but a renewed focus on infrastructure could boost the demand for Australian goods. Recent reports by HSBC and BlackRock highlighted ...

CBA granted renminbi licence

STAFF WRITER  |  TUESDAY, 2 JUN 2015
Commonwealth Bank has been granted a renminbi (RMB) licence for its Shanghai Branch by the China Banking Regulatory Commission (CBRC). The licence enables the bank to broaden its institutional offering to incorporate all aspects of trade and investment ...

Lonsec awards mFund mandate to UBS

STAFF WRITER  |  MONDAY, 1 JUN 2015
Lonsec has awarded UBS Australia the mandate to clear and settle all domestic equities and mFund transactions for its stockbroking arm. The decision to transfer the mandate to UBS was driven by Lonsec's desire to partner with a clearing services provider ...