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Showing 1521 - 1530 of 2961 results for "August 2010"

Enrolments point to adviser growth

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
New figures from education provider Kaplan Professional suggest a greater number of people are embracing financial advice as a career. Data from the end of August showed there was close to a 30% increase in financial services enrolments compared to ...

UK corporate pension deficit swells

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
The combined pension deficit of the UK's 350 largest listed companies widened £50 billion ($87 billion) in August, the increase on record. According to data from Mercer, the accounting deficit of defined benefit pension schemes for FTSE 350 companies ...

December maybe?

BENJAMIN ONG  |  MONDAY, 5 SEP 2016
... construction, utilities and manufacturing declined. The sharp fall in the ISM manufacturing index into contraction territory in August - down to 49.4 from 52.6 in July - points to more job shedding in US factories (the employment index fell to 48.3 in ...

CommSec hit with $700,000 fines

ALEX BURKE  |  FRIDAY, 2 SEP 2016
CommSec has paid $700,000 in infringement notice penalties and voluntarily refunded $1.1 million in brokerage. The infringement notices were given by ASIC's Markets Disciplinary Panel, which the regulator said "had reasonable grounds to believe CommSec ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 2 SEP 2016
... Management (ISM) survey of the manufacturing sector does not. The ISM manufacturing index dropped to a reading of 49.4 in August - indicating the manufacturing sector is contracting - from 52.6 in the previous month. This is the lowest reading since ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
Australia private sector credit Total private sector credit increased by 0.4% in July - in line with market expectations - following a 0.2% gain in the previous month. Credit to housing and to business went up by 0.5% and 0.3%, respectively while personal ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 31 AUG 2016
... low reading of -8.5 in August from -7.9 in the previous month. Business confidence declined from 0.38 in July to 0.02 in August - the lowest level since October 2013. Industrial sentiment deteriorated further to minus 4.4 from minus 2.6 in July while ...

Capital Group reappoints former exec

KERRIE SYDEE  |  TUESDAY, 30 AUG 2016
Capital Group has reappointed a former senior employee who now holds the role of senior vice president, capital strategy research. Michael Thawley has re-joined Capital Group and in his new role will work with the company's global investment team, advising ...

Pinnacle director departs after Wilson acquisition

ALEX BURKE  |  MONDAY, 29 AUG 2016
A Pinnacle Investment Management director has resigned from his position. Steven Skala has been a Pinnacle director for 14 years and was chair from 2011 to 2015. He currently sits on the boards of BlueChilli Group, the General Sir Monash Foundation ...

Retail FUA growth drives HUB24 profit

KERRIE SYDEE  |  MONDAY, 29 AUG 2016
HUB24's retail funds under administration (FUA) grew by 94% to $3.31 billion in FY16, with the company recording a gross profit of $10.9 million, up 125%. HUB24 recorded total FUA of $3.78 billion at 30 June 2016, comprising retail FUA $3.31bn, new ...