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Showing 2321 - 2330 of 4777 results for "July 11"

Super funds raise $9m for social bond

KARREN VERGARA  |  THURSDAY, 9 MAR 2017
HESTA and Future Super are aiming to help South Australia's homeless via investment in a new social bond. The super funds are among the investors in Social Ventures Australia's Aspire Social Impact Bond (Aspire SIB), raising $9 million to help about ...

ASIC compensation skyrockets

KARREN VERGARA  |  THURSDAY, 9 MAR 2017
The amount of compensation for consumers and investors collected by ASIC in the second half of 2016 surged to $159.4 million, up from $13.4 million in the first half. The latest ASIC Enforcement Report shows 63 infringement notices were issued - $2.9 ...

We have made mistakes: CBA

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
Commonwealth Bank of Australia's chief executive Ian Narev told a parliamentary inquiry this morning the bank made mistakes and still has a lot of work to do. On day two of the major banks review, Narev fronted the House of Representative's Standing ...

Bennelong hires insto sales director

ALEX BURKE  |  MONDAY, 6 MAR 2017
Bennelong Funds Management appointed a new director of institutional sales. Matthew Briggs joins Bennelong from Citigroup, where he held multiple positions over 11 years - most recently a sales role at Prime Finance. At Bennelong he will report to head ...

Mason Stevens to launch super, grows SMA menu

JAMIE WILLIAMSON  |  TUESDAY, 28 FEB 2017
Mason Stevens is shaping up for a big year, with the platform provider announcing a number of key projects to roll out in 2017. Speaking at an event in Sydney today, managing director Thomas Bignill confirmed Mason Stevens will launch a retail super ...

Centrepoint growing wealth business

KARREN VERGARA  |  MONDAY, 27 FEB 2017
December half-year results for financial advice group Centrepoint Alliance were buoyed by the performance of its wealth division and the sale of its premium funding business. The ASX-listed company's wealth segment reported a 29% EBITDA increase on ...

A rate rise on the ides of March?

BENJAMIN ONG  |  THURSDAY, 16 FEB 2017
"Beware the ides of March". This quote had always been imbued with a sense of foreboding because this day marked the assassination of Julius Caesar back in 44 BC. It shouldn't be for the "ides" was just the fancy way Romans termed the 15th day of March ...

Couples can benefit more than singles in SMSFs

EMMA RAPAPORT  |  TUESDAY, 14 FEB 2017
This Valentine's Day, as you stare across the table at your loved one, you may want to ask if they're ready to join you in a self-managed superannuation fund. It may not sound as exciting as buying a house together or signing up for a joint bank account ...

Merlicek to retire, IOOF appoints new CIO

JAMIE WILLIAMSON AND DARREN SNYDER  |  THURSDAY, 9 FEB 2017
After eight years leading the IOOF investment team and strategy, chief investment officer Steve Merlicek is stepping down in June. The celebrated executive has been instrumental in delivering impressive fund performance, especially for IOOF's multi-manager ...

Custodians turn attention to CIVs and MITs

DARREN SNYDER  |  THURSDAY, 9 FEB 2017
The Australian Custodial Services Association will focus its attention around improving the local funds management sector to increase its global competitiveness in 2017. Speaking to its 2016: Year in Review report, ACSA said it will specifically focus ...