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Showing 1641 - 1650 of 3211 results for "Power"

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
New reporting measures to increase accountability for authorised deposit-taking institutions and their executives will be introduced by the Federal Government. The Australian Prudential Regulation Authority (APRA) has been allocated $28.6 million over ...

Super associations unite to warn against 'political panel'

EMMA RAPAPORT  |  MONDAY, 8 MAY 2017
... Government appointed and controlled body would be preferable to a competitive model where politicisation is limited because the power of choosing a fund is vested in each individual consumer and employer." The Australian Institute of Superannuation Trustees ...

Mosaic tailors financial advice for women, grows FUA to $800m

MICHELLE BALTAZAR  |  FRIDAY, 5 MAY 2017
For financial advisers looking to cater to high-powered female executives, US-based Mosaic Financial Partners provides a textbook-worthy case study. Sabrina Lowell, two-time winner of the "Heart of Financial Planning" award in San Francisco and chief ...

AI will lead next industrial revolution: Sanlam

MICHELLE BALTAZAR  |  THURSDAY, 4 MAY 2017
... revolution', we don't recognise them to be a revolution at the time. We only do so in hindsight," he said, referring to how steam power changed the world in the mid-1700s, as did electricity in the late-1800s and electronics less than 50 years ago. "If ...

Ausbil MicroCap suspends applications and redemptions

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2017
... "This is also to ensure that all unitholders are being treated in a fair and equitable manner. The RE does not have the power to charge different fees to redeeming investors," the spokesperson said. Rainmaker data shows the MicroCap Fund has beaten the ...

Ellerston and Coombe buy Austock stake

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2017
Superannuation reform is driving the formation of a strategic relationship between Austock and a specialist investment manager, as well as the appointment of a new director to Austock's board. Ellerston Capital has entered into a subscription agreement ...

Fund manager appoints new COO

ALEX BURKE  |  THURSDAY, 27 APR 2017
Aurora Funds Management, currently embroiled in an ASIC dispute over its voting power in Molopo Energy, has appointed a new chief operating officer. Ben Norman, previously a director in EY's transaction advisory services business, will take on the role ...

Global bank tests customer service 'bot'

KARREN VERGARA  |  THURSDAY, 20 APR 2017
... the last 12 months focused on improving and launching products and features on Messenger, particularly "[leveraging] the power of AI and building more bots to help businesses connect in more meaningful ways." Separately, the latest study by UN-based ...

IFM Investors and Samsung partner for infrastructure fund

EMMA RAPAPORT  |  THURSDAY, 20 APR 2017
... Australia with minimum A- sovereign credit ratings. It will invest in five main sectors - Public Private Partnerships (PPPs), power, renewables, utilities and mid-stream, where investment risk is minimised through government subsidies and long-term contracts. ...

Elder financial abuse requires education

KARREN VERGARA  |  TUESDAY, 18 APR 2017
... matters. People should only be able to make or renew a BDBN for a member if expressly authorised to do so under an enduring power of attorney and the same rule should apply for reversionary pensions. "The Association believes that the ongoing uncertainty ...