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Showing 1431 - 1440 of 3556 results for "October 2004"

Pinnacle drops fees in Blue Sky fund bid

KANIKA SOOD  |  MONDAY, 5 NOV 2018
Pinnacle has knocked off performance fees from its bid to manage the Blue Sky Alternatives Access Fund, bringing it in line with Wilson Asset Management's bid, according to LIC's directors. The two managers have put in proposals to gain the ...

Industry fund chief exits

KARREN VERGARA  |  MONDAY, 5 NOV 2018
The long-running chief executive of a $9.4 billion industry superannuation fund is stepping down. Frank Pegan is exiting his role as chief executive at Catholic Super after 17 years at the helm. Chief risk officer David O'Sullivan acts as chief ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
... American consumers are so happy. The Conference Board's consumer sentiment index rose to an 18-year high of 137.9 in October - same with present and future expectations. Not only this, the Conference Board's survey also offered positive indications ...

FPA and AFA aim to administer adviser standards

DARREN SNYDER  |  FRIDAY, 2 NOV 2018
The Financial Planning Association of Australia and the Association of Financial Advisers are putting cases forward to manage adviser compliance schemes resulting from the industry's new education and ethics standards. The FPA told its member base ...

Chief economist update: BOE waiting on Brexit

BENJAMIN ONG  |  FRIDAY, 2 NOV 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on the 2nd of August, BOE governor Mark Carney was quoted as saying, "The mistake is to always wait, wait, wait until you ...

Former adviser jailed, ASIC posts FY18 stats

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
A former Professional Investment Services financial adviser has been jailed for dishonesty following an ASIC investigation. The former PIS financial adviser and representative Satvir Singh Birk was sentenced to two-and-a-half years' imprisonment ...

NAB signals more bad advice remediation

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
Among its FY18 results, National Australia Bank flagged that bad advice and fees for no service remediation will continue to dampen its future financial performance. Numerous contingent liabilities and potentially paying out more compensation plagued ...

FSC appoints UBS, Mercer heads

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
The Financial Services Council has appointed Mercer and UBS Asset Management's Australian heads to its board to fill two director vacancies. Mercer Australia managing director Ben Walsh and UBS Asset Management Australia chief executive Bryce Doherty ...

ANZ wealth flows decline

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
ANZ's divested pension and investment businesses continued to record net outflows as it passed the baton to IOOF, the bank's full-year results show. In its financial results for the year ending 30 September 2018, released this morning, ANZ reported ...

AustralianSuper awards $500m mandate

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
A Melbourne boutique has won a $500 million mandate from AustralianSuper, the super fund confirmed. Jamieson Coote Bonds was appointed to manage a fixed income mandate for the super fund at the end of June, Rainmaker research shows. JCB's mandate ...