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Showing 1811 - 1820 of 5917 results for "March 2003"

Document leak puts NAB under the pump

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
An internal whistleblower has pushed NAB back into the spotlight, leaking documents revealing the extent of the embattled bank's risk management difficulties. As reported by The Sydney Morning Herald, minutes from a June 2018 meeting between NAB ...

Imminent launch for start-up super fund

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
A start-up superannuation fund underpinned by a managed account solution will officially launch this spring. Tomorrow Super promises to be the "smarter alternative" to traditional retail, industry and self-managed superannuation funds, according to ...

TPB welcomes independent review

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
The Tax Practitioners Board (TPB) welcomed the release of a discussion paper in the review of the TPB and the Tax Agent Services Act 2009. The new discussion paper outlines the views of Keith James, who is heading up the independent review into the ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
Managed accounts have reached a growth milestone, now making up 29% of the investment market in Australia. Managed accounts funds under administration grew by 17% to $51 billion in the 12 months to March, according to Rainmaker data. Platform funds ...

Asset manager implements advisory board

HARRISON WORLEY  |  MONDAY, 29 JUL 2019
A $2.2 billion privately-owned wealth and asset manager installed an advisory board in an effort to improve decision making. Elston Group has implemented a new advisory board, appointing former long-time JB Were and Goldman Sachs/JB Were managing director ...

Pinnacle kicks off race to zero-fee ETFs

KANIKA SOOD  |  MONDAY, 29 JUL 2019
A local boutique is planning to launch Australia's first zero fee exchange traded fund. Pinnacle Investment Management is aiming to bring a zero-fee cash ETF to the ASX, managed by Omega Global Investors and says there may be room to implement the model ...

Lloyds, pension fund pay $250m settlement

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2019
Lloyds Banking Group will pay $250 million in compensation to Standard Life Aberdeen following its attempt to pull a $186 billion mandate in February 2018. Lloyds Banking Group and its subsidiary, Scottish Widows, reached a final settlement with Standard ...

Global manager hires from Magellan

KANIKA SOOD  |  TUESDAY, 23 JUL 2019
An international manager with a growing local footprint has hired a Magellan business development manager as its wholesale distribution lead. GQG Partners appointed Daniel Bullock as director of wholesale markets Australia. Bullock was most recently ...

Mercer unveils best-performing Aussie equity funds

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
Mercer has named the top-performing Australian equities funds for the 2019 financial year. Mercer's latest Investment Survey found Martin Currie's Australia Real Income strategy delivered 18.8% in the year to June 2019. BlackRock Equitised Long ...

New chief at CBA Group Super

ELIZABETH MCARTHUR  |  FRIDAY, 19 JUL 2019
Commonwealth Bank Group Super announced the appointment of its new chief executive. Scott Durbin will step into the chief executive role on August 6. A spokesperson from CBA told Financial Standard the appointment follows an extensive search externally ...