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Showing 1741 - 1750 of 3232 results for "April 2016"

ASIC bans jailed former advice director

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2016
ASIC has permanently banned the former director of an insurance broking company after being found guilty of seven counts of dishonestly obtaining a financial advantage from the Commonwealth by deception. In April Timothy Charles Pratten was sentenced ...

BUSSQ sees C-suite expansion

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
Queensland industry superannuation fund BUSSQ has confirmed it will undergo a C-suite expansion from October as part of its strategy to split the chief executive and chief investment officer roles. BUSSQ chief executive David O'Sullivan confirmed he ...

Mercer funds added to two platforms

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
Five Mercer multi-manager funds have been added to the Macquarie Wrap and HUB24 superannuation and pension platforms, broadening Mercer's strategic relationship with the retail investor market. The funds include: Mercer Conservative Growth, Mercer Defensive ...

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
A 6% dip in the cash profit of Commonwealth Bank's wealth management division did not hold the bank back from recording a record after tax cash profit of $9.45 billion for the 12 months to 30 June, up 3% on last year. Wealth Management cash net profit ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 9 AUG 2016
ANZ job ads The "increased uncertainty following the close federal election on July 2 and the shock decision by the UK to leave the European Union on June 24" is how ANZ's head of Australian economics Felicity Emmett explained the sharp 0.8% drop in ...

Aligned advisers return to UK

MARK SMITH  |  WEDNESDAY, 3 AUG 2016
UK pension, investments and insurance giant Aviva has hired a fresh team of face-to-face advisers three years after scrapping its 120-strong team. The move marks the return of aligned advice - the new advisers will be restricted to recommending only ...

Myer Family Investments names new chief executive

MARK SMITH  |  MONDAY, 1 AUG 2016
Myer Family Investments (MFI) appointed a new chief executive and one other board member. McAleese Group chief financial officer John Russell will join as MFI chief executive in November. In a statement MFI said it is delighted to welcome Russell to ...

Wilsons rebrand follows restructure

KERRIE SYDEE  |  MONDAY, 1 AUG 2016
Investment advice, research and financial services provider, Wilson HTM has rebranded to Wilsons, effective immediately - the name change includes a redesigned brand, website and client portal. The rebrand follows the organisational restructure of Wilsons ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 27 JUL 2016
Inflation crashes to 1pct The Consumer Price Index (CPI) rose 0.4% in the June quarter 2016, according to the latest Australian Bureau of Statistics (ABS) figures. This follows a fall of 0.2% in the March quarter 2016. Annual inflation is now just 1.0% ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 20 JUL 2016
Australia's foreign reserves climb to $70bn Australia's holdings of foreign reserves climbed 4% during 2015-16 to $70 billion, reports the Reserve Bank of Australia. Reserves held as foreign currency remained steady on 84% while holdings of gold increased ...