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Showing 151 - 160 of 517 results for "ABA"

Analysts remain wary as ASX breaks 7000

ALLY SELBY | FRIDAY, 17 JAN 2020

The S&P/ASX 200 Index has broken the 7000 mark following news of Trump and China finally signing a trade deal, but analysts remain wary of the new record high. The Index gained 47 points on Thursday to finish at 7041.8, setting a new record high for ...

ASX 200 hits female director target

ALLY SELBY | THURSDAY, 19 DEC 2019

The Australian Institute of Company Directors' goal of increasing gender diversity on ASX 200 boards has been met, albeit a year after its original target. The ASX 200 has now achieved 30% female representation on boards. It comes more than four years ...

Time-poor advisers to embrace model portfolios

HARRISON WORLEY | WEDNESDAY, 18 DEC 2019

New research from global asset manager State Street Global Advisors reveals financial advisers may shun traditional investment management tasks in a bid to spend more time on clients as mounting regulatory and compliance responsibilities take their ...

CBA chief tasked with rebuilding banking

ALLY SELBY | WEDNESDAY, 4 DEC 2019

Commonwealth Bank chief Matt Comyn has taken over the reins as chair of the Australian Banking Association (ABA). The position is rotated between the chief executives of Australia's major banks, with ANZ chief executive Shayne Elliot stepping down from ...

Tasplan chief to exit, merger confirmed

KANIKA SOOD | FRIDAY, 29 NOV 2019

The chief executive of $10 billion Tasplan Super is set to exit the fund, as Tasplan and MTAA Super commit to merge on October 2020. Current Tasplan chief executive Wayne Davy will stay on until the merger date. However, starting next October, MTAA ...

Chief economist update: Let's talk about debt

BENJAMIN ONG | TUESDAY, 26 NOV 2019

Financial Standard had been calling for it, central banks have, and now it's the Organisation for Economic Cooperation and Development (OECD). In its latest bi-annual economic global economic report released this month, the OECD maintained its Australian ...

Trustee firm launches admin platform

JAMIE WILLIAMSON | TUESDAY, 29 OCT 2019

A trustee group is expanding its offering with the development of a new fund administration platform. MSC Trustees has launched MSC Abacus, a tailored fund registry, reporting and accounting service for capital managers. The new business is led by general ...

Former adviser cops 12 years in jail

HARRISON WORLEY | FRIDAY, 18 OCT 2019

A former Brisbane financial adviser will serve at least six years behind bars, after being found guilty of six charges of dishonestly causing detriment to clients to the tune of $5.9 million. After a three-week trial, former Growth Plus Financial Group ...

ACCC to probe rate cut decisions

HARRISON WORLEY | MONDAY, 14 OCT 2019

... opportunity to cast more light on mortgage pricing and the many important factors that influence the setting of interest rates," the ABA said. "The first priority of Australia's banks is the implementation of the Royal Commission. Banks are also ...

Advice associations slammed

JAMIE WILLIAMSON | THURSDAY, 3 OCT 2019

An industry group has lashed out at the Association of Financial Advisers and the Financial Planning Association of Australia, labelling them conflicted and driven by self-interest. The United Financial Advisers Association (formerly known as the Life ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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