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Showing 2711 - 2720 of 4774 results for "July 8"

CBA exec to head Westpac Institutional Bank

LAURA MILLAN  |  TUESDAY, 26 MAY 2015
A top Commonwealth Bank (CBA) executive has been appointed group executive of Westpac Institutional Bank (WIB) following the departure of Rob Whitfield. CBA executive general manager of retail products and third party banking Lyn Cobley will head WIB ...

Treasury proposes higher regulatory levies for super funds

ALEX BURKE  |  THURSDAY, 21 MAY 2015
The Treasury has issued its proposed regulatory levies for 2015/16. Under the new proposal, APRA-regulated institutions will collectively pay $117.5 million to help fund the prudential regulator, a half-percent increase on the previous financial year. ...

Tug o' currency war

BENJAMIN ONG  |  WEDNESDAY, 20 MAY 2015
It might only be for the summer but it certainly sounds to me like one of Popeye's (the sailor man) favourite outburst, "enough is enough and enough is too much". The euro has strengthened enough and it's become too much for the European Central Bank ...

Market Wrap AM

AAP  |  WEDNESDAY, 20 MAY 2015
The Australian market looks set for a flat open after a sluggish lead from Wall Street. At 0656 AEST on Wednesday, the June share price index futures contract was up three points at 5,623. Locally on Wednesday, Reserve Bank deputy governor Philip Lowe ...

AFA looking for next adviser of the year

ALEX BURKE  |  TUESDAY, 19 MAY 2015
The Association of Financial Advisers has partnered with Zurich to launch the 2015 Adviser of the Year and Practice of the Year awards. As a result, the AFA is now searching for advisers who, according to chief executive Brad Fox, it "not only [rates] ...

Fortnum drops upfront risk commissions

ALEX BURKE  |  MONDAY, 18 MAY 2015
Following Centrepoint Alliance and AMP adopting hybrid and level commission structures, independent dealer group Fortnum has dropped upfront risk insurance commissions to "ward off further legislative attack". From July 1, Fortnum planners will either ...

New SIV rules target smaller companies boost

DARREN SNYDER  |  MONDAY, 18 MAY 2015
From July new Significant Investor Visa (SIV) applicants must invest a minimum of $5 million across three complying arrangements after new rules were formally announced by the federal government. To comply with an SIV, applicants will have to place ...

BOQ appoints new group exec following restructure

ALEX BURKE  |  FRIDAY, 15 MAY 2015
Following its decision to combine its project office, IT and operation teams, the Bank of Queensland has appointed IAG group chief investment officer Donna Vinci as its new group executive enterprise solutions, effective July 27. As a result of the ...

ASIC seeks more bans in SMSF advice crackdown

ALEX BURKE  |  FRIDAY, 15 MAY 2015
ASIC is seeking banning orders ranging from 7.5 years to permanent for individuals participating in providing unlicensed advice to SMSF investors. The regulator has provided submissions to the Federal Court, specifically mentioning property developer ...

No new taxes on super welcomed

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
Superannuation representative groups have backed the federal government's decision to leave new taxes on super out of the 2015 budget but say there is further consultation ahead. Association of Superannuation Funds of Australia (ASFA) chief executive ...