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Showing 1561 - 1570 of 4414 results for "Ele"

ASA to vote against AMP remuneration

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
The Australian Shareholders Association is set to take a swing against AMP at the wealth manager's AGM next week. ASA will vote against AMP's remuneration report at its annual general meeting next Thursday, as it harbours ongoing concerns about culture ...

Super tax strategies a hot topic

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
AMP's technical superannuation adviser support team saw a rise in the number of advisers querying tax deductions for personal superannuation contributions last month. Data from more than 2090 calls made by advisers last month showed more clients were ...

Watermark closes chapter on global equities

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
Watermark Funds Management has completed its global equity strategy exit and bid farewell to several directors. Watermark's Global Leaders Fund (WGF) and Market Neutral Fund (WMK) were removed from the ASX at the close of trade yesterday. The funds ...

New Indian equities ETF to launch

KANIKA SOOD  |  TUESDAY, 16 APR 2019
Graham Tuckwell's ETF Securities is set to launch a new exchange traded fund that will invest in stocks listed on the National Stock Exchange of India. The passive ETF, named NDIA, will give Australian investors access to global companies such as ...

Citi to pay $3m in advice remediation

HARRISON WORLEY  |  TUESDAY, 16 APR 2019
Citigroup will pay more than $3 million to remediate customers who received general financial advice, believing it to be personal advice. The group must refund 114 retail customers for losses they incurred after investing in structured Citigroup products ...

Australia's wealth takes half trillion hit

HARRISON WORLEY  |  MONDAY, 15 APR 2019
Latest research shows Australia lost close to half a trillion dollars in wealth at the end of 2018. According to Roy Morgan's latest Single Source Survey, the gross personal wealth of Australians (including owner-occupied homes) is currently around ...

Superannuation bills on hold

KARREN VERGARA  |  MONDAY, 15 APR 2019
Four key pieces of legislation, including the protection of young superannuation members and low-balance accounts from default insurance premiums, have been put on ice. Treasury Laws Amendment (Putting Members' Interests First) Bill 2019, a highly anticipated ...

APRA to boost staff numbers

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
APRA has confirmed it will hire around 100 more permanent staff after its funding boost. In a planned statement to the Senate Economics Legislation Committee, APRA chair Wayne Byres revealed the prudential regulator is looking to hire 100 more permanent ...

Australian fund caught in email scandal

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
The board of a $5 billion Australian government fund, run by several former investment bankers, has been admonished for using non-official email accounts to conduct business with political and commercial sensitivities. The Auditor General said some ...

Industry fund adds board directors

ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
A $14.5 billion industry superannuation fund has added two new members to its board of directors, which now only comprises 10 seats. CareSuper has welcomed Linda Scott and Robert Potter, following the retirements of long-serving directors Cate Wood ...