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Showing 1871 - 1880 of 2996 results for "February 5"

Government plays down support for royal commission

JAMES FERNYHOUGH  |  FRIDAY, 27 JUN 2014
Initial comments from the government suggest it may be unwilling to consider the Senate Committee's recommendation that there be a royal commission into Commonwealth Bank of Australia (CBA). Prime Minister Tony Abbott said the government would "carefully ...

MetLife Australia names new CFO

ALICE URIBE  |  TUESDAY, 17 JUN 2014
A former MLC & NAB WealthA chief financial officer (CFO) has joined MetLife Australia as its latest CFO. Vince Watt has over 14 years' experience in financial services and joined MLC/NAB in 2000 where he held various positions including head of planning ...

ME Bank in search for new chief risk officer

LAURA MILLAN  |  FRIDAY, 13 JUN 2014
ME Bank has started an executive recruitment process to replace its longstanding chief risk officer, who recently departed the bank. Nick Vamvakas left his position as ME Bank chief risk officer on February 28, 2014, and was recently appointed chief ...

Super returns dampen but still double digit

STAFF WRITER  |  MONDAY, 2 JUN 2014
The SelectingSuper Workplace rolling 12 month default option index dampened further during April to return 11.1%, down from 12.6% at end March, 12.8% at end February which was up marginally from 12.5% at end January. According to the figure at end December ...

IFS caught investing in unregistered schemes

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
Industry Fund Services (IFS) has breached an Australian Securities and Investments Commission (ASIC) class order by incorrectly investing client funds into an unregistered managed investment scheme. IFS recently changed their investment options after ...

BT Financial GM to take helm at MetLife

STAFF WRITER  |  TUESDAY, 27 MAY 2014
Deanne Stewart, a senior manager at BT Financial Group will be joining MetLife Australia as its new CEO starting in mid-July. Stewart will also be joining the group's Asia Leadership team reporting directly to Dr. Nirmala Menon, senior vice president ...

FSC appoints AMP exec to the board

LAURA MILLAN  |  TUESDAY, 20 MAY 2014
The Financial Services Council (FSC) has appointed AMP group executive of insurance and superannuation to its board. Pauline Blight-Johnston has more than 20 years' experience in the financial services industry and has held senior executive positions ...

Beacon approves DomaCom fractional property fund

STAFF WRITER  |  MONDAY, 19 MAY 2014
Beacon Financial Group will add the DomaCom fractional property fund to its approved product list (APL). DomaCom's property fund was launched in February and was aimed at meeting the needs of the independent financial advice (IFA) sector. "IFAs such ...

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
Corporate super specialist advisers have found a legal loophole that could allow them to maintain a business model that has been banned under the Future of Financial Advice (FoFA) legislation. The loophole, as described by Commonwealth Bank of Australia ...

BOE qualifies for World Cup

BENJAMIN ONG  |  THURSDAY, 15 MAY 2014
Anything you guys can do, I can do better... If the Fed, BOJ, ECB and PBOC could do it - forward guiding markets that monetary policy would remain easy (easier next month in the case of the ECB) - why couldn't the BOE? Yes it could! By most indications ...