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Showing 1771 - 1780 of 3268 results for "January 29"

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 ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 11 OCT 2016
Germany trade balance Germany's trade surplus expanded by 2.6% to €20.0 billion in August - in line with market expectations - from July's €19.5 billion surplus as exports grew by much more than imports over the month, 5.4% versus 3.0%. Germany's ...

Insurance reforms get member support

MARK SMITH  |  FRIDAY, 7 OCT 2016
AFA members have given their approval to the proposed reforms to the life risk industry, after a motion calling for removal of support of the Life Insurance Framework received little support in a vote. The special resolution fell well short of the votes ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 6 OCT 2016
Australia retail sales It hasn't been since January this year that we saw retail spending increase at this monthly rate. Data from the Australian Bureau of Statistics (ABS) show that retail sales grew by 0.4% in the month of August - higher than the ...

Adviser commission reforms pushed back

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2016
The start date to phase down risk commissions is deferred and the Life Insurance Framework (LIF) will apply to all channels of financial advice, Kelly O'Dwyer has confirmed. The Minister for Revenue and Financial Services said the phasing down will ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 4 OCT 2016
Australia private sector credit Reserve Bank of Australia (RBA) figures showed that the annual growth in private sector credit slowed from 6.0% in July to 5.8% in August - the slowest rate since October 2014. Except for the bumps in December 2015 and ...

VFMC CIO steps down, CFO departs

DARREN SNYDER  |  FRIDAY, 30 SEP 2016
Victorian Funds Management Corporation will farewell its chief investment officer and chief financial officer in the coming months. After leading the VFMC investment strategy for eight years, Justin Pascoe is stepping down as CIO to spend more time ...