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Showing 2141 - 2150 of 4761 results for "July 2014"

India's upside risks

BENJAMIN ONG  |  TUESDAY, 10 OCT 2017
Perhaps the Reserve Bank of India was just following its former colonial master. For similar to the Bank of England (BOE) - it cut interest rates by 25 basis points to 0.25% in August 2016 to head off the potential negative fall-out from Brexit win ...

Proceedings filed against CBA in Federal Court

ALEX BURKE  |  MONDAY, 9 OCT 2017
Funding for the shareholder class action against the Commonwealth Bank is now unconditional and proceedings have been filed in the Federal Court, marking the beginning of one of the largest shareholder class actions in Australian history. IMF Bentham ...

Industry sentiment mixed: ETF spot poll

KARREN VERGARA  |  MONDAY, 9 OCT 2017
The industry is ambivalent about the role exchange-traded funds are playing in potentially distorting share prices and causing bubbles, according to Financial Standard's weekly poll. Twenty per cent of respondents strongly agreed the inflow to ETFs ...

Why advisers should revisit death benefits

KARREN VERGARA  |  FRIDAY, 6 OCT 2017
Three months after the super changes took effect, it's time for advisers to revisit the rules regarding death and disability benefits in conjunction with the transfer balance cap in estate planning strategies. According to IOOF head of technical services ...

Life insurance complaints down: FOS

JAMIE WILLIAMSON  |  FRIDAY, 6 OCT 2017
Disputes surrounding investments, advice and life insurance accounted for 9% of all disputes accepted at the Financial Ombudsman Service of Australia last financial year. In its annual report FOS outlined that of the 22,475 disputes it accepted over ...

Prime accounts called into question by auditor

ALEX BURKE  |  TUESDAY, 3 OCT 2017
Listed wealth and accounting firm Prime Financial Group's directors said they were "deeply disappointed" that the group's independent auditor was unable to provide an opinion of Prime's annual report due to insufficient audit evidence. William Buck ...

Merger leads to fee cuts at Equip Super

ALEX BURKE  |  TUESDAY, 3 OCT 2017
Equip said its merger in July this year has enabled the $14 billion super fund to cut administration fees and drop buy-sell spreads on investment transactions. The merger with the Rio Tinto Staff Superannuation Fund, Equip continued, has provided sufficient ...

Frontier Advisors chief executive resigns

EMMA RAPAPORT  |  TUESDAY, 26 SEP 2017
Frontier Advisors chief executive Damian Moloney has resigned after six years at the helm of one of Australia's largest asset consultants. Moloney assumed the role of chief executive in July 2011, at a time when the firm and the asset consulting sector ...

Local Government Super chair departs, successor named

EMMA RAPAPORT  |  MONDAY, 25 SEP 2017
Chair of Local Government Super, Katherine O'Regan, has departed the board after only two-and-a-half months in the position, giving up both her chairmanship and directorship. O'Regan, who served as Deputy Mayor for Woollahra Municipal Council (2012 ...

BEAR cracks down on executive pay

KARREN VERGARA  |  MONDAY, 25 SEP 2017
The Banking Executive Accountability Regime draft legislation could force banks to defer a large portion of executives' remuneration if they breach accountability obligations. The Treasury Laws Amendment (Banking Executive Accountability and Related ...