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Showing 2161 - 2170 of 3275 results for "April 2016"

British govt to introduce pension choice

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
The British government is proposing a radical overhaul of the nation's private pensions system and will introduce choice of retirement product and simplify retiree taxation structures. The proposals were announced in the British 2014 Budget that was ...

AMP Capital expands US and UK-based infra team

ALICE URIBE  |  THURSDAY, 20 MAR 2014
AMP Capital has added to its global infrastructure debt team in London and New York as it looks to further fundraising. In London, Emma Haight joins the team as director from NIBC Bank where she was vice president in the project finance division and ...

This means war (again)

BENJAMIN ONG  |  FRIDAY, 14 MAR 2014
Nah, I'm not falling for that one again. No mas Virginia! Equity markets closed (to borrow Coles new ad) "down, down, deeper and down" overnight. The headlines have easily pinpointed the cause... "U.S. Stocks Retreat, Treasuries Rally on Ukraine, China" ...

Westpac exec gets ASIC ban after preying on elderly's finances

ALICE URIBE  |  WEDNESDAY, 12 MAR 2014
ASIC has permanently banned David St Pierre, a former Westpac bank home finance manager from engaging in credit activities and providing financial services after encouraging vulnerable clients to borrow against their homes for investments. St Pierre ...

Tax advisers in need of additional PI insurance

LAURA MILLAN  |  TUESDAY, 11 MAR 2014
The Tax Practitioners Board (TPB) said advisers who provide tax advice need to extend their professional indemnity (PI) insurance coverage to meet the organisation's minimum requirements. The TPB outlined the proposal in Exposure Draft Explanatory Paper ...

Advisers to complete 60 extra education hours under TASA

LAURA MILLAN  |  MONDAY, 10 MAR 2014
The Tax Practitioners Board (TPB) has proposed that registered tax advisers complete a minimum of 60 hours of continuing professional education (CPE) in three years as part of the Tax Agent Services Act (TASA) 2009 legislation. The TPB released Exposure ...

Westpac appoints deputy CEO

LAURA MILLAN  |  FRIDAY, 7 MAR 2014
Westpac Group has created the role of deputy chief executive officer to address strategic issues such as the Financial System Inquiry and regulatory change. The current chief financial officer Phil Coffey will start in the new role of deputy chief executive ...

ASIC drops planned MDA changes

JAMES FERNYHOUGH  |  THURSDAY, 6 MAR 2014
Planned changes to the regulation of managed discretionary accounts (MDAs) will not go ahead, the Australian Securities and Investments Commission (ASIC) has announced. In a consultation paper released in March last year, ASIC put forward a lengthy ...

Advice numbers and client claims hit PIS results

LAURA MILLAN  |  MONDAY, 3 MAR 2014
The fall in advice numbers and the increase in client claims hit Professional Investment Services (PIS) revenue, which fell 7% during the first half of financial year 2014. Centrepoint Alliance-owned PIS reported that net revenues fell by 7% to $11.497 ...

Henderson reports record profit

MARK SMITH  |  THURSDAY, 27 FEB 2014
Henderson has reported a record net profit of A£125.1 million ($233 million) for the year to 31 December. The strong result was driven by a 9.5% rise in revenue to a record A£578.2 million ($1.1 billion), resulting from strong investment performance ...