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Showing 1761 - 1770 of 3264 results for "January 1"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 2 NOV 2016
Australia performance of manufacturing The Australian Industry Group's (AiG) performance of manufacturing index bounced back into expansion territory with a reading of 50.9 in October after two months of contraction (below 50) - 46.9 in August 49.8 ...

McMillin exits TWUSuper again

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
Twice-serving TWUSuper chief executive Bill McMillin has retired from the fund. According to the TWUSuper website, chief financial officer Frank Sandy has taken on the role of acting chief executive until a suitable replacement is found, with Wayne ...

NAB Wealth reports solid growth

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2016
Stronger revenue and lower expenses have resulted in a 13% surge in cash earnings for NAB Wealth, growing to $356 million. The bank's wealth management division also reported a 2% growth in net income, owing to higher average funds under management ...

Former AFA chief executive takes top job at FSC NZ

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2016
A former chief executive of the Association of Financial Advisers (AFA) has been appointed as chief executive of the Financial Services Council of New Zealand. Richard Klipin will take on the top job as of November, having left the role of chief distribution ...

IML senior portfolio manager resigns

ALEX BURKE  |  FRIDAY, 21 OCT 2016
A portfolio manager at Investors Mutual has resigned from his position. Jason Teh worked at IML for about 16 years, having joined the firm in 2000. Before that, Teh got his start in the industry at Advance Asset Management. Speaking to Financial Standard ...

Oil's rally could slip

BENJAMIN ONG  |  MONDAY, 17 OCT 2016
They were priced at US$26.01 and US$26.91 with Standard Chartered Bank even going on record predicting that prices could drop to US$10 before "money managers in the market conceded that matters had gone too far". These were the price of a barrel of ...

Professional standards legislation reaches parliament

KERRIE SYDEE  |  MONDAY, 17 OCT 2016
The federal government confirmed it will introduce legislation this year to mandate professional standards for financial advisers. As previously revealed, the reforms will include compulsory education requirements for existing and new financial advisers ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 13 OCT 2016
Australia consumer sentiment The Westpac-Melbourne Institute index of consumer sentiment improved to 102.4 in October, up by 1.1% from September's 101.4 reading. October's figure is the third straight month of improving sentiment after the index hit ...

Private capital industry growing at record speed

ALEX BURKE  |  WEDNESDAY, 12 OCT 2016
Of the 168 private capital funds active in 2016, 23 were newly-established between January and August - the highest rate on record, according to a new Preqin report. The Preqin Insight: Alternative Assets in Australia report examines Australia's $180 ...

CBA chair steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2016
Commonwealth Bank chairman David Turner will retire from the board at the end of the year, to be replaced by a current non-executive director. Having served on the CBA board for a decade and as chairman since 2010, Turner said he has greatly enjoyed ...