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Showing 1761 - 1770 of 4757 results for "July 2011"

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
If you want a poster boy to that old saying that, "a stitch in time saves nine" China is it. Latest data show that China's manufacturing sector is back in expansion. The official National Bureau of Statistics (NBS) China manufacturing PMI increased ...

Association names new chief and president

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
Workplace Super Specialists Australia has welcomed a new chief executive and president. Paul Mann takes the reins as chief executive and David Harvie has been named president of the financial education and advisory services provider to superannuation ...

Frydenberg takes action on banning grandfathered commissions

HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
Consultation is now open for the Federal Government's response to Commissioner Kenneth Hayne's recommendation that grandfathered conflicted remuneration should be eliminated. The new regulation proposes financial product manufacturers to pass on to ...

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
Could it be? Could it be that Dallas Fred President Robert Kaplan has been reading my daily rants? That would be too presumptuous of moi but Factset's report that "Dallas Fed President Kaplan (nonvoter) told the WSJ the recent yield-curve inversion ...

AMP board member retires

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
AMP has announced the retirement of a board member ahead of its annual general meeting. Geoff Roberts will retire from the AMP board at the conclusion of the AGM on May 2. Roberts has served on the board since July 2016 and has been chair of the audit ...

APRA consults to combat cyber attacks

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
APRA has invited submissions from all APRA-regulated entities on how the financial services industry can improve information security and protect itself from cyber-crime. The regulatory authority has not updated its information security guidelines since ...

Macquarie axes SMSF residential property loans

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
Macquarie Bank revealed in a note to brokers it has made significant changes to its product offerings. The bank confirmed it is no longer offering SMSF residential home loans, with the change effective from April 30. Macquarie will continue to service ...

Neilsons sell 10% of Platinum

KANIKA SOOD  |  WEDNESDAY, 20 MAR 2019
Billionaire fund manager Kerr Neilson and philanthropist Judith Neilson sold $300 million of their stake in Platinum Asset Management, to put money towards philanthropy and personal investments. The Platinum co-founder now has a retaining control over ...

FSC to enact binding standard on genetic testing

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The life insurance industry is pushing ahead with the rollout of new rules on genetic testing despite a delay. There had been plans to launch a new Life Insurance Code of Practice from July 1, but during the feedback period the Financial Services Council ...

Boutique fund manager drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2019
A boutique funds management group is reducing the management fees on one of its signature funds. Premium China Funds Management is dropping the management fee on its Premium Asia Fund by 45 basis points. This will sit alongside the removal of the performance ...