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

Search Results

Showing 2381 - 2390 of 6251 results for "December 2002"

What price Brexit certainty?

BENJAMIN ONG  |  MONDAY, 20 NOV 2017
At least people of the world know what the Fed has in store for them come December - another 25 basis point increase in the fed funds rate come the 13th of the month. 'tis not the same for the UK where Brexit negotiations remain up in the air... and ...

CBA avoids board spill

KARREN VERGARA  |  FRIDAY, 17 NOV 2017
CBA avoided a board spill after the majority of shareholders voted in favour of the remuneration report that was overhauled hot on the heels of AUSTRAC alleging the bank breached anti-money laundering laws. About 92% of shareholders approved the remuneration ...

Powerwrap managing director departs

JAMIE WILLIAMSON  |  FRIDAY, 17 NOV 2017
The interim managing director of Powerwrap will leave the company at close of business today. Chris Brant, who is also leaving his board director role, has decided to step down following the appointment of a new, permanent chief executive. Brant assumed ...

Former adviser cops 10-year imprisonment

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2017
The former principal of Sherwin Financial Planners was sentenced to 10 years imprisonment for fraud. Bradley Thomas Sherwin was found guilty of 25 charges following an ASIC investigation arising from of the collapse of his financial planning business ...

APRA picks NAB veteran for senior hire

ALEX BURKE  |  WEDNESDAY, 15 NOV 2017
APRA has appointed a new executive general manager, specialised institutions. Mark Adams joins the regulator from Versent, where he was acting chief operating officer. Before that, he was executive general manager, digital banking at UBank, and held ...

ASIC remains firm on IFA definitions

DARREN SNYDER  |  TUESDAY, 14 NOV 2017
The Australian Securities and Investments Commission reaffirmed its position on terminology used to describe the independence of financial advisers. ASIC's latest update to Regulatory Guide 175 (RG 175) confirms that terms such as "independently owned" ...

Fund managers' transparency poor: Research

KARREN VERGARA  |  FRIDAY, 10 NOV 2017
Lack of transparency in Australia's funds management industry not only lags global standards, it could also be deteriorating retirement savings, according to a new study. Commissioned by Monash University's Australian Centre for Financial Studies (ACFS) ...

Banking body appoints chief executive

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
The Customer Owned Banking Association named a former AMP Bank managing director as its new chief executive. Bringing more than 30 years' experience in financial services, Michael Lawrence will lead COBA from December 4, 2017. Lawrence led AMP Bank ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
Financial markets got what they wished for from the world's three biggest central banks that met last week. The Bank of Japan (BOJ), the Fed and the Bank of England (BOE) all delivered as expected but not without help from the repeated and reiterated ...

Melbourne boutique shutters under passive pressure

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
The rise of passive investment and superannuation fund internalisation has led to a Melbourne-based Australian equities boutique terminating its only fund. In a letter to unitholders, Concise Asset Management said it has reluctantly decided to wind ...