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Showing 1821 - 1830 of 3556 results for "October 27"

IOOF chair to retire, director appointed

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
IOOF has revealed its chair will retire at the company's annual general meeting in November and has appointed a new non-executive director. Dr Roger Sexton will retire from the IOOF board having spent 15 years as a director of IOOF and four years as ...

Vanguard reduces MERs on five funds

ALEX BURKE  |  TUESDAY, 4 OCT 2016
Vanguard has lowered the management expense ratios on five of its Australian funds. The fee reductions apply to the Vanguard Australian Shares High Yield Fund (from 0.4% p.a. to 0.38%), Vanguard Australian Property Securities Index Fund (0.24% to 0.23%) ...

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 ...

MDAs overhauled by new regulations

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2016
The operation of limited MDAs is to be terminated under new, long-awaited regulatory reforms released by ASIC yesterday. The regulator has made amendments to Regulatory Guide 179, the most significant being the removal of the regulated platform no-action ...

NAB pays $6.5m to resolve advice complaints

KERRIE SYDEE  |  WEDNESDAY, 28 SEP 2016
National Australia Bank revealed it has paid a total of $6.5 million to 251 customers since February 2015 after settling their claims for compensation. In an update on its financial advice response initiative, NAB said the uplift in payments to customers ...

Former Westpac adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
ASIC has banned a former Westpac adviser from providing financial services for four years. Michael Mahoney of Adelaide has been disqualified after an ASIC investigation found that he engaged in misleading and deceptive conduct during his time as a Westpac ...

AFA Rising Star finalists announced

KERRIE SYDEE  |  TUESDAY, 27 SEP 2016
The Association of Financial Advisers (AFA) and ANZ Wealth have announced the finalists for the 2016 AFA Rising Star of the Year Award ahead of the upcoming AFA National Conference in Canberra. Launched 11 years ago, the AFA Rising Star of the Year ...

Super industry CEO joins IIRC board

DARREN SNYDER  |  TUESDAY, 27 SEP 2016
Australian Council of Superannuation Investors chief executive Louise Davidson will be the first Australian to join the board of the International Integrated Reporting Council. Davidson's three year board term begins 1 October and her appointment will ...

IRESS acquires super software provider

KERRIE SYDEE  |  MONDAY, 26 SEP 2016
IRESS has entered an agreement to acquire an established Australian superannuation software business for a total purchase price of up to $90 million. The agreement will see IRESS acquire Financial Synergy, with the transaction expected to be complete ...

Life insurance reforms to be re-introduced

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
A spokesperson for the Minister for Revenue and Financial Services Kelly O'Dwyer has confirmed to Financial Standard that draft legislation pertaining to the Life Insurance Framework (LIF) will be formally re-introduced in early October when Federal ...