Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2291 - 2300 of 6679 results for "Sale"

ASIC widens conflicted adviser remuneration rules

ALEX BURKE  |  THURSDAY, 7 DEC 2017
... Corporations Amendment (Life Insurance Remuneration Arrangements) Act 2017. Aside from the broad ban on commissions involved in the sale of life insurance products, ASIC has also extended the ban on conflicted remuneration such that it applies even in ...

Salt reveals retirement hotspots

EMMA RAPAPORT  |  WEDNESDAY, 6 DEC 2017
... year's Federal Budget, which allows Australians choosing to downsize their residence to contribute up to $300,000 from the sale of their home to superannuation, passed the Senate yesterday, and have been returned to the House of Representatives for a ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
The Reserve Bank of Australia (RBA) didn't disappoint market expectations when it conducted its last board meeting for 2017. The Australian central bank kept the official cash rate where it had been since August 2016, at a record low 1.5%. The December ...

Grant Samuel wins RE mandate

JAMIE WILLIAMSON  |  MONDAY, 4 DEC 2017
Grant Samuel Funds Management is the new responsible entity of the Munro Global Growth Fund. Following approval by shareholders, GSFM has replaced Munro Asset Management - the AFSL holder for Munro Partners - as responsible entity of the fund. In June ...

Custody specialist moves from J.P. Morgan to RBC

JAMIE WILLIAMSON  |  MONDAY, 4 DEC 2017
RBC Investor and Treasury Services has recruited its second senior custody specialist from J.P. Morgan in the space of a month as the firm strengthens its operations in Asia Pacific. Marian Azer will take on the dual role of managing director, head ...

Capex brings cheer

BENJAMIN ONG  |  FRIDAY, 1 DEC 2017
"You can't make people be confident, I certainly can't. I've allowed the horse to come to the water with cheap funding. I can't make it drink." This was then RBA governor Glenn Stevens' statement to the House of Representatives Standing Committee on ...

New ASFA board announced

EMMA RAPAPORT  |  THURSDAY, 30 NOV 2017
The Association of Superannuation Funds of Australia is strengthening its mission to improve the superannuation system with the appointment of two senior industry figures to the board. Melinda Howes, general manager of superannuation, BT Financial Group ...

NAB advice GM departs in wealth restructure

ALEX BURKE  |  THURSDAY, 30 NOV 2017
NAB's executive general manager of wealth advice has departed in the midst of a restructure of the wealth business. Greg Miller took on the lead role in 2015. Prior to that, he was general manager of MLC Direct and MLC Advice Solutions. He has also ...

Life insurance M&A outlook gloomy: Report

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... example is aiming to sell its US$50 billion German life insurance book, which, if sold, would mark the largest closed book sale on record, it said. The most "powerful motivation" to enter an acquisition over the next three years is branding as many life ...

Praemium solution signs first client

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2017
A wealth advice firm is the first to outsource its portfolio administration functions to a new Praemium offering. The new service builds on Praemium Portfolio, a reporting and performance analytics solution formerly known as V-Wrap, which integrates ...