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Showing 1341 - 1350 of 4411 results for "Ele"

Adequacy argument headlines online CMSF

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
A debate over the adequacy of the superannuation guarantee has kicked off the Conference of Major Superannuation Funds, which is now being delivered online. Having been called off like many other events thanks to the COVID-19 pandemic, the Australian ...

AIOFP launches fresh campaign, criticises FPA

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
In launching its latest campaign to retain commissions, the industry body has accused the Financial Planning Association of Australia of taking money from the big banks in return for support. Writing to members, Association of Independently Owned Financial ...

Regal Atlantic fund down 58.6%

KANIKA SOOD  |  MONDAY, 20 APR 2020
Regal Funds Management's Atlantic Absolute Return Fund, which has a stellar long-term track record, fell 58.6% in March as COVID-19 affected markets. The fund has posted 23.1% in net annualised returns since its inception about 16 years ago. But ...

Citi hires new investment banking head from Deutsche

KANIKA SOOD  |  MONDAY, 20 APR 2020
Citi has appointed a new head of investment banking for Australia and New Zealand from Deutsche Bank Australia, while also announcing new co-heads of local equity capital markets. Alex Cartel was most recently Deutsche Bank Australia's head of investment ...

Advisers adapt as crisis unfolds

ALLY SELBY  |  MONDAY, 20 APR 2020
Despite both the health and economic destruction that the COVID-19 pandemic has left in its wake, the environment, albeit dark, has highlighted the value of Australia's advice industry. The human element of advice; the ability to connect with someone ...

Financial services exec embroiled in bribery scheme

ALLY SELBY  |  THURSDAY, 16 APR 2020
A former financial services executive in the US has been charged with orchestrating a bribery scheme that saw him funnel at least $4 million to the Ghanaian government to gain their approval to build and operate an electrical power plant. The Securities ...

ERS can be drawn from multiple funds: ATO

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
The Australian Taxation Office has clarified the rules for the Early Release Super scheme, allowing members to withdraw super from multiple funds. The ATO said while a member can only apply for one determination per financial year, they are able to ...

Listed infrastructure mispriced: FSI

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
First Sentier Investors believes listed infrastructure has been mispriced as a result of COVID-19 pandemic, creating a buying opportunity for shrewd investors. First Sentier deputy head of global listed infrastructure Andrew Greenup said global listed ...

COVID-19 is not the only factor: deVere

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
To protect and grow wealth investors need to carefully monitor other major factors, not just COVID-19, according to deVere Group chief executive Nigel Green. The warning follows last week's sharp rally in global markets, with the MSCI experiencing its ...

AMP Capital wholesale property fund rejigs withdrawals

KANIKA SOOD  |  TUESDAY, 14 APR 2020
AMP Capital's wholesale Australian property fund is moving asset valuations from quarterly to monthly, has fixed the distribution payouts for this year and is altering withdrawals during the COVID-19 pandemic. The fund, which currently allows monthly ...