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Showing 1701 - 1710 of 4992 results for "Limit"

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 ...

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
Lively discussion broke out during the first Challenger Financial Standard Technical Services Forum for 2019 in Sydney yesterday, with the consensus being financial advisers must be across which products are exempt from means testing. Challenger head ...

Transparency key to ESG advice success

ELIZABETH MCARTHUR  |  THURSDAY, 11 APR 2019
Advisers are finding it difficult to provide advice on ethical, environmental, social and governance (ESG) considerations due to limited transparency from the $2.7 trillion super industry. Australian Ethical head of client relationships Leah Willis ...

Climate change an imminent threat to returns

ELIZABETH MCARTHUR  |  TUESDAY, 9 APR 2019
A new report from Mercer shows how a climate change of 2c or more could have a detrimental impact on investment returns. According to Mercer, investing for a 2c climate change scenario is both an imperative and an opportunity, as it leads to enhanced ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
CBA's decision to purchase Colonial under then chief executive David Murray destroyed $53 billion of value to shareholders in today's dollars, says Merlon Capital Partners. Analyst Hamish Carlisle says CBA overpaid for Colonial in 2000, and ...

Poor governance spurs calls for directorship caps

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2019
... different and the amount of time needed to truly add value will vary. It is therefore too easy to just apply a board number limit, Vamos notes. "Whatever the board, voluntary or remunerated, ignoring your realistic availability to contribute time wise ...

Kapstream co-founder announces retirement

KANIKA SOOD  |  THURSDAY, 4 APR 2019
Kapstream co-founder Kumar Palghat has announced his intention to retire from the $14.5 billion fixed income investment house. Palghat was one of PIMCO's first global portfolio managers and later headed the fixed income behemoth's APAC portfolio ...

Coalition to boost retail access to corporate bonds

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 APR 2019
As part of the 2019 Federal Budget, the Morrison Government has committed to consulting on reforms to develop the corporate bond market. Following the release of the Budget, Assistant Treasurer Stuart Robert said: "A strong retail corporate bond market ...

Cost of living fears rise: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 APR 2019
According to new research, 40% of Australians say the rising cost of living is their single greatest concern in 2019 but effective financial advice could be the solution. Latest research from Mortgage Choice and CoreData's looked at the attitudes and ...

Treasurer courts retirees with new superannuation measures

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... Age Pension, which is scheduled to reach 67 from 1 July 2023," Frydenberg said. He is also proposing to increase the age limit for spouse contributions from 69 to 74 years old. Currently, 70-year-olds and over cannot receive contributions made by another ...