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Showing 13491 - 13500 of 29117 results for "PRI"

Govt change could spell more severe LIF bill: FPA

KERRIE SYDEE  |  THURSDAY, 21 APR 2016
A change in government could impact the severity of the recently lapsed Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016, according to Financial Planning Association of Australia (FPA) chief executive officer Dante De Gori. ...

Standard Life makes two senior appointments

MARK SMITH  |  THURSDAY, 21 APR 2016
Standard Life Investments has bolstered a commitment to its Australian business with two new hires in both the institutional and retail divisions. Joining SLI as investment director, institutional business, is Kate Hillyar. She will report to head of ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 21 APR 2016
Australia leading index The Westpac-Melbourne Institute leading index of economic activity dipped by 0.1% in March to 96.59 - the lowest reading on record - after falling by 0.2% in the previous month. Among the components, consumer sentiment expectations ...

Commodities slump stalling sovereign wealth growth

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Sovereign wealth funds in commodities economies are being forced to sell off assets to manage government deficits, slowing growth for the sector. The 2016 Preqin Sovereign Wealth Fund Review shows that while assets held in sovereign wealth funds collectively ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Following industry speculation, the Turnbull Government has announced a $127.2 million reform package for ASIC. The announcement follows Labor's calls for a Royal Commission into the financial services industry, which both the Prime Minister and Treasurer ...

Ausbil wins industry fund mandate

MARK SMITH  |  WEDNESDAY, 20 APR 2016
Ausbil Investment Management has been awarded an Australian equity mandate by a prominent industry super fund. Prime Super has tasked the fund manager with managing $100 million through its Australian Active Equity Strategy. Managed by chief executive ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 20 APR 2016
RBA meeting minutes The A$ broke above US$0.78, trading as high as US$0.7826 overnight and is currently fetching US$0.7805 - a 13.7% appreciation from this year's US$0.6864. The minutes of the RBA's 5 April Board meeting - the local unit was trading ...

Australian system needs "substantial reassessment": SEC veteran

ALEX BURKE  |  TUESDAY, 19 APR 2016
In light of news about a potential Royal Commission, former assistant director of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas has said Australia's financial system could benefit from "substantial reassessment." ...

Turnbull highlights ASIC resources boost in Parliament

ALEX BURKE  |  TUESDAY, 19 APR 2016
Reiterating that the regulator is the "tough cop on the beat," the Prime Minister has suggested in Parliament that ASIC will be given greater resources as part of a capability review. Responding to Labor MP Clare O'Neil's question about whether Government ...

NZ Super Fund sells private equity investments

DARREN SNYDER  |  TUESDAY, 19 APR 2016
The New Zealand Superannuation Fund has sold its investments in three offshore private equity funds. The investments were in Hellman & Friedman VII, JMI Equity Fund VII, and H.I.G Bayside Loan Opportunities Fund II. NZ Super Fund head of investments ...