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Showing 2711 - 2720 of 9740 results for "Major"

Macquarie wins Investment Manager of the Year

DARREN SNYDER  |  WEDNESDAY, 13 FEB 2019
... through sustained investment performance over the short, medium and long term. The awards span 19 categories across six major asset class sectors, with analysis conducted by Rainmaker Information. Rainmaker Information head of investment research John ...

Royal Commission dampens superannuation success

KARREN VERGARA  |  WEDNESDAY, 13 FEB 2019
... of best interest duties were some of the criticisms that made Australia's superannuation stand out from the other 21 major pension markets studied in this year's report. "There is a developing super fund 'zeitgeist' focused on radically ...

Royal Commission to disrupt product distribution: Roy Morgan

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
... report. Latest insights from Roy Morgan show intermediaries account for the distribution of about 35% of the total value of major financial products. Roy Morgan said adoption of the recommendations related to financial planning will likely see a drop ...

Aussies instos join fight against weapons

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... signatories manage assets totalling US$6.9 trillion. The letter was sent to the chief executives and chairpersons of all major index providers and the Index Industry Association yesterday. Tully added responsible investment was a matter of stewardship ...

Westpac mulls sale of in-house planners

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
... do so in the future is something Westpac continues to work through, the spokesperson added. In the past two years, three major banks­ - ANZ, Commonwealth Bank and National Australia Bank - announced plans to divest wealth management arms. In November ...

Royal Commission will worsen credit crunch: Poll

KARREN VERGARA  |  TUESDAY, 12 FEB 2019
The current credit crunch will deepen as a result of the financial services Royal Commission's final recommendations, Financial Standard 's latest spot poll shows. The majority of respondents (64%) agreed Commissioner Hayne's final report ...

The $500k price tag on bad super choices

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... fund to look after them and help them save for their retirement." "While the recent Productivity Commission recommended major reforms to the superannuation industry that should see Australia's poorest performing super funds chased out of the market ...

CBA posts $4.6b in profits, dividend flat

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
Commonwealth Bank's profits fell more than 6% to $4.6 billion in the first-half of FY19 and the bank kept its interim dividend at $2 per share. The $4.6 billion NPAT includes discontinued operations: CommInsure Life, CFSGAM and Sovereign. The cash ...

Hedge fund veteran joins Aura

KARREN VERGARA  |  WEDNESDAY, 6 FEB 2019
Aura Group appointed Damien Hatfield as an executive director to help launch new funds in its alternative assets business. Hatfield is the founder and director of Triple A Partners. He helped set up a hedge funds-of-funds operation at Colonial First ...

Australians prioritise car cover over life insurance

KARREN VERGARA  |  WEDNESDAY, 6 FEB 2019
Australians prioritise insuring their cars more than their own lives, latest research shows. The majority of Australians (71%) have a car policy in place, while less than a third (31%) will make an effort to take out life insurance, comparison website ...