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Showing 1391 - 1400 of 2954 results for "August 2014"

DomaCom to ease issue of retirement funding

JAMIE WILLIAMSON  |  FRIDAY, 28 JUL 2017
Fractional property investment platform DomaCom has signaled a move into reverse mortgage lending, confirming it is developing a senior equity release product to be available before 2018. In its quarterly update DomaCom outlined its plans for a senior ...

Industry fund and wealth manager finalise integration

EMMA RAPAPORT  |  FRIDAY, 28 JUL 2017
Industry super fund First State Super is welcoming a new acting head of investment strategy as it transitions towards integration with recently acquired wealth management business StatePlus. StatePlus acting chief investment officer Michael Winchester ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
The Federal Government is powering ahead with further changes to Australia's $2 trillion superannuation system, garnering support from across the industry. The latest proposals will see the prudential regulator (APRA) be responsible for making it easier ...

Milton to acquire $18m unlisted manager

ALEX BURKE  |  FRIDAY, 21 JUL 2017
Listed Australian equities investment company Milton Corporation has entered into an agreement to acquire an unlisted investment manager for $18 million. Consideration will be the issue of new Milton shares, and Milton managing director Frank Gooch ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
Although not completely gangbusters, the latest Australian labour market update provided another justification for the optimism and seemingly hawkish turn the Reserve Bank of Australia (RBA) conveyed in the minutes of its 4 July board meeting. The Australian ...

MetLife restructures US and UK operations

JAMIE WILLIAMSON  |  TUESDAY, 11 JUL 2017
... Form 10 was declared effective by the SEC on 6 July, and the record date will be 19 July with a distribution date of 4 August - on which MetLife common shareholders will receive a distribution of one share of Brighthouse Financial common stock for every ...

AAT upholds ex-AMP adviser ban

KARREN VERGARA  |  FRIDAY, 7 JUL 2017
The Administrative Appeals Tribunal affirmed ASIC's decision to permanently ban a former AMP adviser. The regulator found Rommel Panganiban from New South Wales prioritised his own interests ahead his clients' with no reasonable basis in giving advice. ...

Hawkish central banks? Not the BOJ

BENJAMIN ONG  |  FRIDAY, 7 JUL 2017
The release of the minutes of the Fed's and the ECB's June meetings have brought back financial market trepidation - sparked by last week's hawkish comments from central bank heads of the US, the Eurozone and the UK - that the end of cheap money is ...

Stronger growth sans inflation

BENJAMIN ONG  |  TUESDAY, 4 JUL 2017
As if to further underscore the current growth/inflation conundrum, today's reports show continuing strengthening momentum in the world's major economies - one that quickly followed updates on consumer prices indicating not only that inflation remains ...

UBS chief economist resigns

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2017
After more than a decade in the role, UBS Australia chief economist Scott Haslem will leave the firm and his successor has been named. UBS confirmed that an internal memo was circulated notifying staff that Haslem has decided to pursue opportunities ...