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Showing 11861 - 11870 of 21788 results for "Dec"

AMP deflects ASIC attack reports

ALEX BURKE  |  THURSDAY, 21 MAY 2015
Australia's largest financial planning institution, AMP, has distanced itself from reports it's being specifically targeted in an ASIC investigation. Unconfirmed sources suggested AMP had received instruction from ASIC to provide transactional and product ...

Treasury proposes higher regulatory levies for super funds

ALEX BURKE  |  THURSDAY, 21 MAY 2015
The Treasury has issued its proposed regulatory levies for 2015/16. Under the new proposal, APRA-regulated institutions will collectively pay $117.5 million to help fund the prudential regulator, a half-percent increase on the previous financial year. ...

APRA releases super performance profiles

DARREN SNYDER  |  WEDNESDAY, 20 MAY 2015
The Australian Prudential Regulation Authority (APRA) said it will continue to ensure confidential information of superannuation institutions cannot be derived from the regulator's published statistics. The pledge came in a recent APRA letter to Registrable ...

FSC backs Commission on choice of super funds

DARREN SNYDER  |  WEDNESDAY, 20 MAY 2015
The Financial Services Council (FSC) is backing the Royal Commission into Trade Union Governance and Corruption to remove laws that deny employees a choice of superannuation fund. FSC chief executive, Sally Loane, said super must be decoupled from the ...

Market Wrap AM

AAP  |  WEDNESDAY, 20 MAY 2015
The Australian market looks set for a flat open after a sluggish lead from Wall Street. At 0656 AEST on Wednesday, the June share price index futures contract was up three points at 5,623. Locally on Wednesday, Reserve Bank deputy governor Philip Lowe ...

RBA minutes lift stock market

AAP  |  TUESDAY, 19 MAY 2015
The Australian stock market has picked up after a poor start and is relatively flat, after the Reserve Bank signalled that it remains open to further cuts to interest rates. OptionsXpress market analyst Ben Le Brun said the local bourse had swung upwards ...

CFS to distribute Sanlam funds in Australia

ALEX BURKE  |  TUESDAY, 19 MAY 2015
Colonial First State has partnered with South African asset manager Sanlam Group to distribute Sanlam's Managed Risk Funds in Australia. According to CFS general manager product and investments Peter Chun, Sanlam's Managed Risk strategy pivots on reducing ...

ASIC and RBA issue property bubble warning

MARK SMITH  |  TUESDAY, 19 MAY 2015
Australian Securities and Investments Commission (ASIC) chairman Grag Medcraft says the Sydney and Melbourne housing markets look a lot like bubbles. "I am quite worried about the Sydney and Melbourne property markets. In housing, the long-term average ...

Market Wrap AM

AAP  |  TUESDAY, 19 MAY 2015
The Australian market looks set to open higher, following gains on Wall Street. At 0649 AEST on Tuesday, the June share price index futures contract was up 22 points at 5,687. Locally on Tuesday, the Reserve Bank releases minutes of its May board meeting ...

Falling AUD offsets dividend growth

LAURA MILLAN  |  MONDAY, 18 MAY 2015
Australia had the fastest dividend growth in Asia Pacific for the year to March 2015, but the falling Australian dollar made the increase modest relative to its counterparts in the region, the Henderson Global Dividend Index found. Australia made up ...