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Showing 1371 - 1380 of 5002 results for "CAM"

Advisers still unclear on referral rules

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
The Financial Adviser Standards and Ethics Authority Code of Ethics which came into effect from the start of the year has left many unclear on what kind of referrals are allowed. Amid news at the start of the year that Mark Bouris' Yellow Brick Road ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
SMSF Association chief executive John Maroney has slammed ASIC for a fact sheet published and distributed to SMSF trustees last year. During a speech at a Pritchitt Partners event in Sydney, the SMSFA chief also took aim at FASEA and the ATO. Maroney ...

Boutique shuts doors

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
A small caps boutique founded by former UBS investors has decided to close after two institutional investors pulled back their money. Avoca Investment Management was set up by J eremy Bendeich and John Campbell in 2011, with the backing of multi-millionaire ...

CIMIC in $1.8b writedown

ELIZA BAVIN  |  FRIDAY, 24 JAN 2020
The country's largest construction company has reported a loss of $1.8 billion, blaming tough market conditions in the Middle East. CIMIC announced the writedown in a submission on the ASX saying the decision to exit the Middle East market came after ...

New chief for Willis Re Australia

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2020
Willis Tower Watson's reinsurance business, Willis Re, has appointed a new chief executive for its Australian arm. John Philipsz will fill the position, effective 1 January 2020, after serving as deputy chief executive since 2018. Prior to that, Philipsz ...

Chief economist update: More from Morrison

BENJAMIN ONG  |  TUESDAY, 21 JAN 2020
"Getting small businesses back on their feet is critical. We want to ensure the right support is in place for small businesses as they get past the initial recovery phase of this unprecedented bushfire crisis..." These were Australian Prime Minister ...

ISA slams ANU research as SG debate rears its head again

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
The peak body for industry superannuation has forcefully rebuked new research from the Australian National University which questions raising the superannuation guarantee to 12% as scheduled. Industry Super Australia has launched a scathing attack on ...

Wealth giants shrink advertising budgets

KANIKA SOOD  |  FRIDAY, 17 JAN 2020
Australia's largest superannuation funds and wealth companies have largely cut back on their advertising spends over the past five years, documents from the Standing Committee on Economics show. Colonial First State, which is currently facing two ...

Shareholder activism on the rise

ALLY SELBY  |  FRIDAY, 17 JAN 2020
Shareholders are demanding changemore than ever before. That is, according to financial advisory and asset management firm Lazard, and its 2019 review of shareholder activism. The report found that 147 investors launched new campaigns against companies ...

Sydney beats Dubai on most expensive cities list

KANIKA SOOD  |  FRIDAY, 17 JAN 2020
Sydney is more expensive than Dubai and has the world's priciest business class flights but best-value luxury shopping, says a new report. Sydney came in as the 15th most expensive city in the world, ahead of Dubai at 17 in the Julius Bar's ...