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Showing 1681 - 1690 of 2955 results for "August 4"

FSC backs Commission on choice of super funds

DARREN SNYDER  |  WEDNESDAY, 20 MAY 2015
The Financial Services Council (FSC) is backing the Royal Commission into Trade Union Governance and Corruption to remove laws that deny employees a choice of superannuation fund. FSC chief executive, Sally Loane, said super must be decoupled from the ...

Market Wrap AM

AAP  |  WEDNESDAY, 20 MAY 2015
The Australian market looks set for a flat open after a sluggish lead from Wall Street. At 0656 AEST on Wednesday, the June share price index futures contract was up three points at 5,623. Locally on Wednesday, Reserve Bank deputy governor Philip Lowe ...

Royal Commission looks at choice of super funds

DARREN SNYDER  |  TUESDAY, 19 MAY 2015
The Royal Commission into Trade Union Governance and Corruption is seeking submissions to answer why laws denying employees a choice of superannuation fund should not be repealed. In its latest discussion paper, Options for Law Reform, the Commission ...

Morphic added to Macquarie platforms

STAFF WRITER  |  FRIDAY, 15 MAY 2015
Morphic Asset Management's Global Opportunities Fund (MGOF) has been added to the Macquarie Wrap Super and Pension Platform. The MGOF was already available on the Macquarie Wrap Investment service, BT wrap and Netwealth, and the fund manager said it ...

No downing the dollar-A

BENJAMIN ONG  |  THURSDAY, 14 MAY 2015
The portrait of Australian Federal Treasurer Joe Hockey's beaming self-congratulatory smile as he did the rounds of media interviews yesterday remains deeply stuck in my brain. Can't blame smokin' Joe, he might just get his autograph on a third Budget ...

Wealthsure to cancel AFS licence

LAURA MILLAN  |  FRIDAY, 1 MAY 2015
Wealthsure Group will request for its Australian Financial Services (AFS) licence to be cancelled, following the acquisition by Sentry Group. Wealthsure (WPL) has already transferred some of its authorised representatives to Wealthsure Financial Services ...

BOE no change, no worries

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2015
As expected, the Bank of England (BOE) decided to do nothing at its 9 April monetary policy meeting, stating that: "The Bank of England's Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%. The Committee also voted to ...

NAB fined $40m over British bank failings

DARREN SNYDER  |  THURSDAY, 16 APR 2015
National Australia Bank's British bank (Clydesdayle) recently received a record fine nearing $40 million for lying to the United Kingdom's Financial Ombudsman Service as well as adopting inappropriate complaint policies. The UK's Financial Conduct Authority ...

NAB searching for Godfrey Pembroke GM replacement

LAURA MILLAN  |  MONDAY, 13 APR 2015
National Australia Bank (NAB) is currently conducting a recruitment process to replace Godfrey Pembroke's general manager, following the departure of Sean Allen. In the meantime, the dealer group has appointed strategic growth manager Shane Canton as ...

Fund manager insists active approach not broken

MARK SMITH  |  FRIDAY, 10 APR 2015
Fund manager Epoch Investment Partners has blamed the relatively poor performance of active managers in recent years on the market distorting impact of quantitative easing and says talented stock pickers will come good again soon. S&P Dow Jones recently ...