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Showing 12421 - 12430 of 22163 results for "Tim"

NAB upgrades advice compensation program

LAURA MILLAN  |  THURSDAY, 21 MAY 2015
National Australia Bank (NAB) has upgraded the compensation program for victims of bad advice with the appointment of a consumer advocate. University of NSW professor of Law Dimity Kingsford Smith will act as a consumer advocate within NAB Wealth's ...

Australia's super pool now more than $2 trillion

DARREN SNYDER  |  THURSDAY, 21 MAY 2015
Australia's total superannuation assets grew by 3.6% in the first quarter of 2015, now standing at more than $2 trillion, official data shows. The latest Australian Prudential Regulation Authority (APRA) figures also show that total assets in MySuper ...

Plan sponsors have fiduciary obligations: SCOTUS

ALEX DUNNIN  |  THURSDAY, 21 MAY 2015
In a case that is expected to send shock waves through the US workplace superannuation market, the US Supreme Court has agreed that 401(k) sponsors have a fiduciary obligation to not just monitor their funds but remove underperforming or excessively ...

You can forget June

BENJAMIN ONG  |  THURSDAY, 21 MAY 2015
Each and every remaining month of 2015 remains live, depending on incoming data - particularly on employment and inflation. This is the main take-away from the minutes of the FOMC's 28-29 April meeting....but you can forget June... June is dead. "A ...

Don't put all QE in the same basket: AXA

LAURA MILLAN  |  WEDNESDAY, 20 MAY 2015
The quantitative easing (QE) programs undertaken by the United States, Europe and Japan are essentially different from each other and investors should expect different economic impacts for each one of them. AXA Framlington head of Asia Mark Tinker said ...

Miners weigh on share market

AAP  |  WEDNESDAY, 20 MAY 2015
The Australian share market has opened lower, pulled back by weakness among resources giants BHP Billiton and Rio Tinto. Phillip Capital senior client adviser Michael Heffernan said market heavyweights BHP and Rio were lower because iron ore and oil ...

Liquidnet to launch first fixed income dark pool

LAURA MILLAN  |  WEDNESDAY, 20 MAY 2015
Liquidnet will launch its first fixed income trading platform in Europe and the United States in the next couple of months, following the acquisition of Vega-Chi in 2014. The organisation is already starting to build a pool of liquidity that will allow ...

Tug o' currency war

BENJAMIN ONG  |  WEDNESDAY, 20 MAY 2015
It might only be for the summer but it certainly sounds to me like one of Popeye's (the sailor man) favourite outburst, "enough is enough and enough is too much". The euro has strengthened enough and it's become too much for the European Central Bank ...

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 ...

DST partners UK wealth manager

DARREN SNYDER  |  TUESDAY, 19 MAY 2015
UK wealth manager Old Mutual Wealth will be consolidating multiple websites and microsites onto DST's Opendoor front-office platform, providing a single customer view for institutions, superannuation funds, and third-party administrators. Old Mutual ...