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Showing 11831 - 11840 of 21788 results for "Dec"

Treasury examining ASX monopoly

ALEX BURKE  |  MONDAY, 1 JUN 2015
Assistant Treasurer Josh Frydenberg said the Government is considering encouraging competition in equities clearing to break up the ASX's monopoly. Speaking at the 2015 Annual Stockbrokers Conference in Sydney, Frydenberg conceded there had already ...

NAS loses VFMC, retains VicSuper

MARK SMITH  |  MONDAY, 1 JUN 2015
Victorian Funds Management Corporation (VFMC) has appointed State Street as its custodian and administrator, ending a 21 year relationship with its previous custodian, NAB Asset Servicing. VFMC, which has $50 billion in funds under management, said ...

Draft amendments to OTC rules released

MARK SMITH  |  MONDAY, 1 JUN 2015
The government is seeking submissions on the new draft legislation for the mandatory central clearing of over-the-counter (OTC) interest rate derivatives it has released. This is the latest step in a series of reforms aimed at bringing Australia in ...

SMSFs need more investment diversity: FinaMetrica

DARREN SNYDER  |  MONDAY, 1 JUN 2015
Risk profiler FinaMetrica believes continued investment in Australian shares and cash could spell disaster for self-managed superannuation funds (SMSFs) when the local market corrects. The call came on top of managed funds data recently released by ...

Super funds on path to becoming trading pros

LAURA MILLAN  |  MONDAY, 1 JUN 2015
Superannuation funds are becoming better at electronic trading as they increase their in house investment capabilities, Bloomberg Tradebook head of Asia Pacific Tom Kingsley said. "Super funds are becoming more educated in electronic trading and we ...

Independence on super boards should be skills based

DARREN SNYDER  |  MONDAY, 1 JUN 2015
Global investment consultant Mercer has re-entered the debate around superannuation board governance by releasing a report showing an increasing international trend towards assigning independent directors. The report is considered timely as the financial ...

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 ...

Market to open lower

AAP  |  MONDAY, 1 JUN 2015
The Australian market looks set to open lower, following falls in US stocks. The June share price index futures contract was down 17 points at 5,761. The main Wall Street stock indexes were down by about 0.6 per cent on Friday, after a key consumer ...

Super mums must focus on retirement savings

DARREN SNYDER  |  FRIDAY, 29 MAY 2015
Industry superannuation fund REST has entered the discussion about women being more knowledgeable in managing their finances by commissioning a Super Mum Index. The Retail Employees Superannuation Trust (REST) has a large portion of female members and ...

Expect no pay rises this year: report

MARK SMITH  |  FRIDAY, 29 MAY 2015
Most salaries in the financial services, accounting and banking industries will increase by no more than the rate of inflation in 2015, according to a wide ranging remuneration report by recruitment firm Robert Walters. In the 505 page report, which ...