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Showing 1461 - 1470 of 4381 results for "Commonwealth"

Super to fund Aussie infrastructure: Shorten

DARREN SNYDER  |  FRIDAY, 9 OCT 2015
... "would transfer its equity or debt interests to long term investors such as super funds to maximise the return to the Commonwealth and so that capital can be recommitted to new projects." It is a plan that federal treasurer Scott Morrison said "has some ...

CBA publicly welcomes former staff bans

MARK SMITH  |  THURSDAY, 8 OCT 2015
The Commonwealth Bank has publicly welcomed the Australian Securities and Investment Commission's (ASIC) decision to ban former CFPL financial planners, Sharnie Kent and Stuart Jamieson. In a press release issued by the bank it said it reported concerns ...

CBA's advice review compensates 19 clients

LAURA MILLAN  |  WEDNESDAY, 30 SEP 2015
The compensation program set up by Commonwealth Bank (CBA) to compensate victims of bad advice has reviewed over 8,800 cases and compensated only 19 clients. In total, the bank has offered $950,252 in compensation, but paid $488,815 as of 31 August ...

Rubinsztein leaves CBA, joins industry fund

LAURA MILLAN  |  MONDAY, 28 SEP 2015
Commonwealth Bank general manager of retirement Nicolette Rubinsztein will join the board of an industry superannuation fund as independent director. UniSuper's board has two more independent directors: chairman Chris Cuffe and former chief executive ...

OPINION: Why ditching the monarchy makes sense in the Asian century

ANDREW BRAGG, DIRECTOR OF POLICY AT THE FINANCIAL SERVICES COUNCIL  |  MONDAY, 21 SEP 2015
... Europe or Britain? Clearly we do not. This is the same logic that Colonial First State, the wealth division of the Commonwealth Bank, uses in Asia: The "Colonial" disappears and the "First State" stays. It makes sense. Accordingly, a stronger sense of ...

AvSuper to expand in-house investment team

LAURA MILLAN  |  FRIDAY, 18 SEP 2015
AvSuper has appointed a former executive of the Commonwealth Superannuation Corporation (CSC) to build out its in-house investment team. Sue Field joined AvSuper in July 2015 and she will also be responsible for monitoring and managing the members' ...

FEATURE - Retirement income: Finding the right path

DARREN SNYDER  |  TUESDAY, 15 SEP 2015
... new wave of retirees is learning that years of accumulation need further thought. Darren Snyder reports. A recent Commonwealth Bank media roundtable showed projections by Rice Warner that Australia's retirement market would reach more than $1.4 trillion ...

BetaShares grows distribution team

MARK SMITH  |  MONDAY, 7 SEP 2015
... and derivatives markets. Prior to joining BetaShares, she has held senior equity derivative distribution roles with Commonwealth Bank, Royal Bank of Scotland and ABN AMRO to intermediaries and institutional clients. Smyth's hire follows the recent appointments ...

Super funds need to compete globally

DARREN SNYDER  |  FRIDAY, 4 SEP 2015
... would be an increased market for defensive assets including bonds. "Super funds don't dominate the bond market. In Commonwealth bonds, super funds hold 7% of the bond market. Non-residents hold 70%," McLaughlin said. "Local funds will be competing against ...

Countplus profit hit by end of loyalty payments

MARK SMITH  |  THURSDAY, 27 AUG 2015
Countplus has seen its after-tax profit fall 12.2% as loyalty payments paid by Commonwealth Bank ended. Net financial planning revenue was down 15.9% due to payments to 16 member firm franchisees expiring. Excluding the impact of these payments and ...