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Showing 12541 - 12550 of 22167 results for "Tim"

NAB to take "leading role" in advice remediation

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
During the Senate Economics References Committee's Scrutiny of Financial Advice inquiry, NAB chief executive Andrew Thorburn said the bank was prepared to take a "leading role" in addressing the compensation gap for victims of poor financial advice. ...

Super funds too small for activism

LAURA MILLAN  |  MONDAY, 20 APR 2015
Lack of investment activism among superannuation funds largely comes down to size, but "it is just a matter of time before the age of activism dawns in Australia as well," Credit Suisse said. The investment bank noted in a research piece that "the behemoths ...

Trowbridge proposals will hit consumers hardest

ALEX BURKE  |  MONDAY, 20 APR 2015
AFA chief executive Brad Fox has hit back at the FSI and Trowbridge recommendations, saying they are "unworkable, impractical and do not acknowledge the value life insurance advisers provide to consumers." He noted that the hybrid remuneration model ...

The bad and the bad and the bad

BENJAMIN ONG  |  MONDAY, 20 APR 2015
It's bad, it's bad, it's bad you know it. They say bad news come in threes - we've got all three at the end of last week. Greece running out of money and reform deal still looks unlikely heading into its meeting with 'the institutions' four days and ...

Larry Fink warns of bubble in income assets

MARK SMITH  |  FRIDAY, 17 APR 2015
Head of the world's largest fund manager has warned shareholders about an ever-expanding bubble in yield-paying assets, inflated by central bank liquidity measures. In a letter to shareholders, BlackRock chief executive Laurence Fink said aggressive ...

Tempo finds beta growth in Europe, Asia

LAURA MILLAN  |  FRIDAY, 17 APR 2015
Boutique fund manager Tempo Asset Management is turning its global smart beta strategy away from the United States and Canada and finding growth in Europe and Asia. Tempo principal Joe Bracken told Financial Standard that the Tempo Global Equity Fund ...

Big end of town to face Senate over bad advice

LAURA MILLAN  |  FRIDAY, 17 APR 2015
Australia's top bankers will have to explain what went wrong in their advice divisions at a public Senate hearing in Canberra on Tuesday. Chaired by Labor Senator Sam Dastyari, the Senate Economics Committee will interrogate Macquarie Group chief executive ...

Risk mispricing a threat to investment: ANZ boss

DARREN SNYDER  |  FRIDAY, 17 APR 2015
The investment community is under threat from the current mispricing of risk, according to ANZ chief executive Mike Smith. Speaking at recent Bloomberg event, Smith said he worries about the management of risk in an environment of such high liquidity. ...

A fantabulous set of jobs numbers

BENJAMIN ONG  |  FRIDAY, 17 APR 2015
"Hooray! Hooray! It's A Holi-Holiday..." -Bonnie M. Hooray! Hooray! Hooray for the fantabulous Australian jobs report for March. It's a holi-holiday for the RBA in May. Well... maybe. 'twas a wonderful set of numbers. The Australian Bureau of Statistics ...

Rice Warner consultant criticises MySuper fee disclosure

ALEX BURKE  |  THURSDAY, 16 APR 2015
Rice Warner consultant, market insights Nathan Bonarius has criticised standardised fee disclosure for MySuper products, arguing it allows funds to distort their fee structures. Although Bonarius applauded the intent behind the standardisation of fee ...