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Showing 13021 - 13030 of 22170 results for "Tim"

Ratings downgrade to trigger hybrid sell-off

MARK SMITH  |  THURSDAY, 25 SEP 2014
An impending Standard & Poor's downgrade of bank hybrids will drive the value of these investments, which have already seen recent falls, even lower, according to fixed income specialists FIIG Securities. The ratings agency said it will downgrade the ...

Alibaba co-founder tops China rich list

STAFF WRITER  |  THURSDAY, 25 SEP 2014
Alibaba co-founder Jack Ma has become China's richest person with a net worth of US$25 billion, according to a new survey. Ma, who founded the Chinese e-commerce giant from his apartment, reached the top of the wealth list by Hurun Report for first ...

ASIC bans person who made false Facebook investment claims

JAMES FERNYHOUGH  |  THURSDAY, 25 SEP 2014
A person from a Sydney-based investment business has been banned from providing financial services after he persuaded investors to invest money with him on the false grounds that he had access to an exclusive deal involving the Facebook initial public ...

Hot property on notice

BENJAMIN ONG  |  THURSDAY, 25 SEP 2014
Cool it or we'll hose you down! That's the overriding message to the property market of the Reserve Bank of Australia's (RBA) September Financial Stability Review. While the Australian central bank also warned against rising property prices in March ...

Super funds launch mental-illness claims benchmark

JAMES FERNYHOUGH  |  WEDNESDAY, 24 SEP 2014
Industry fund-sponsored organisation SuperFriend has today released detailed quantitative research on mental illness-related claims through group insurance, a project it has called the Super Mental Illness National Data (SuperMIND) Project. The research ...

FPA rejects FSC adviser regulation plans

ALICE URIBE, LAURA MILLAN  |  WEDNESDAY, 24 SEP 2014
The Financial Planning Association (FPA) has rejected the Financial Services Council's (FSC) proposal to establish a statutory, independent board to oversee advice, saying that there was no need for further regulation, with the mooted board simply "reinventing ...

Govt to amend fund merger tax laws

ALEX DUNNIN  |  WEDNESDAY, 24 SEP 2014
The Abbott government has announced that it will go ahead with amendments to the tax rules around fund mergers to ensure members caught up in such mergers are not inadvertently hit with tax penalties. The amendments were proposed by the previous Labor ...

TAL's Minto to retire, new CEO named

LAURA MILLAN  |  WEDNESDAY, 24 SEP 2014
TAL Group chief executive officer Jim Minto will retire on April 2015 and a new chief executive will replace him. Minto will remain at TAL until the year end process is completed in the first half of 2015, TAL chairman Duncan Boyle said. TAL Life chief ...

Market Wrap AM

AAP  |  WEDNESDAY, 24 SEP 2014
The Australian market looks set to open lower after Wall Street endured its third straight day of losses. At 0807 AEST on Wednesday, the December share price index futures contract was down 33 points at 5,373. Locally, in economic news on Wednesday ...

AustralianSuper to charge for over-the-phone advice

JAMES FERNYHOUGH  |  TUESDAY, 23 SEP 2014
AustralianSuper has told members it will soon start charging for over-the-phone advice relating to transition to retirement strategies. In a letter to members, the $75 billion fund said that from 1 November this year, "a fee of $295 may be charged ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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