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Showing 1941 - 1950 of 3559 results for "October 28"

Good tidings sway RBA to stay

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2015
Rate cut/No rate cut. Well, 'twas a coin flip anyway - the rationales for a cut was equally rational as those for a no cut - so no blame all around. In the end, the Reserve Bank of Australia (RBA) decided to stay the course - keeping the official cash ...

Life Insurance Framework fear fading

ALEX BURKE  |  TUESDAY, 3 NOV 2015
The overwhelming majority of advisers are "glad" rather than "mad, sad or scared" about the looming Life Insurance Framework, according to Association of Financial Advisers chief executive Brad Fox. Despite continued uncertainty regarding specific LIF ...

Class amends IPO after AMP acquisitions

DARREN SNYDER  |  TUESDAY, 3 NOV 2015
Class, the self-managed superannuation fund administrative software provider, has lost about 10,500 billable SMSF portfolios from its customer base following two acquisitions announced by AMP. AMP has informed Class it will be moving the SMSF portfolios ...

MLC offers insurance rollover to external funds

ALEX BURKE  |  MONDAY, 2 NOV 2015
MLC will introduce an insurance rollover offer to external superannuation funds. The rollover provides multiple benefits to super funds, including a 15% upfront tax credit, 7% annual premium discount, enduring authority, automated annual premium payments ...

Rusting still

BENJAMIN ONG  |  MONDAY, 2 NOV 2015
... 17.5% for big banks (and another 50 bps for qualifying banks that support agriculture and small businesses) effective 24 October - still unconfirmed reports that the government, at its fifth plenum, is lowering its growth target from 7.0% to 6.53% would ...

ASIC changes market rules for Chi-X ETFs

ALEX BURKE  |  FRIDAY, 30 OCT 2015
ASIC has published changes to its market integrity rules for exchange-traded funds admitted to Chi-X Australia. Chi-X intends to launch its ETF market in Australia in 2016, following a consultation paper released in February 2015. ASIC said it "consulted ...

Six point five is PM Li's new like

BENJAMIN ONG  |  FRIDAY, 30 OCT 2015
"Yes I would, if I only could, I surely would." - 'El Condor Pasa' by Simon & Garfunkel After all the dissecting, de-constructing and probing of the October FOMC statement for missing/added words, phrases and sentences, financial markets came up with ...

CBA whistleblower flags unfair compensation

ALEX BURKE  |  THURSDAY, 29 OCT 2015
CBA has been accused of severely mishandling its Open Advice Review program by a former employee. Former Open Advice Review assessment manager Russell Phillips alleged at the Senate Standing Committees on Economics Scrutiny of Financial Advice public ...

Zurich cleans up at Plan For Life awards

ALEX BURKE  |  THURSDAY, 29 OCT 2015
Zurich has won in three categories at Plan For Life's 2015 Direct Life Insurance awards. Aside from the overall Direct Life Insurance Excellence Award, Zurich also picked up the Term Life and Customer Service for Life Companies awards. Held in Sydney ...

IAG appoints COO from Suncorp

ALEX BURKE  |  THURSDAY, 29 OCT 2015
IAG has appointed a new chief operating officer. Mark Milliner joins the IAG executive team from Suncorp, where he was chief executive personal insurance. He has held numerous other roles at the $17 billion insurance group since 1994, including general ...