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Showing 2711 - 2720 of 5919 results for "March 24"

NAB and FPA back super in PPL

DARREN SNYDER  |  WEDNESDAY, 11 NOV 2015
The Senate inquiry in to economic security of women in retirement has been told the federal government's first priority should be including super guarantee contributions in the Paid Parental Leave (PPL) scheme. Both National Australia Bank (NAB) and ...

FEATURE: The circle of life

DARREN SNYDER  |  MONDAY, 9 NOV 2015
As the transition to MySuper continues, lifecycle funds are becoming a popular default investment option. Darren Snyder explores this evolving market. Earlier this year a joint paper by AustralianSuper and the Australian Institute of Superannuation ...

Chi-X to launch own indices, ETFs

LAURA MILLAN  |  FRIDAY, 6 NOV 2015
Chi-X will launch its own indices and a series of exchange traded funds (ETFs) targeting retail investors with long term objectives. Chi-X chief executive John Fildes confirmed that the trading venue will launch its first set of index series in March  ...

Macquarie set to pay $14m to advice clients

LAURA MILLAN  |  MONDAY, 2 NOV 2015
Macquarie Equities Limited (MEL) has identified 163 clients who received inadequate financial advice and are eligible for $14 million compensation. Macquarie Group confirmed that the enforceable undertaking dictated by the Australian Securities and ...

Rusting still

BENJAMIN ONG  |  MONDAY, 2 NOV 2015
Iron ore prices have tried to get back up twice this year, only to be knocked back down each time. After dropping to a 10-year low of US$46.70 a tonne back in April this year, the price of iron ore rallied by 40% to US$65.40 a tonne by mid-June only ...

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
National Australia Bank (NAB) has sold 80% of its MLC life insurance business to Japanese insurer Nippon Life for $2.4 billion. NAB will retain ownership of its superannuation, platforms, advice and asset management businesses. It will also retain the ...

Hotel California

BENJAMIN ONG  |  TUESDAY, 27 OCT 2015
... sure, sure. But exchange rate targeting aside, Draghi mentioned "diverging policy cycles". Yes, perhaps... back in early March - the time when the ECB minted the first of its monthly €60 billion for its QE programme, the time when the Fed was most ...

Sunrise, sunset

BENJAMIN ONG  |  THURSDAY, 22 OCT 2015
Despite succumbing to heightened financial market volatility in August and September, the Japanese equity market remains an outperformer. From January through to yesterday, 21 October, the Nikkei-225 index has risen by 6.3%. While down from the 19.4% ...

Inflation expectations says no

BENJAMIN ONG  |  TUESDAY, 13 OCT 2015
Another day, another Fed speaks Fed speak. Federal Reserve Vice Chairman Stanley Fischer reportedly "told a group on the sidelines of the International Monetary Fund meeting in Peru" that the Fed will raise interest rates this year. But (of course there's ...

CBA publicly welcomes former staff bans

MARK SMITH  |  THURSDAY, 8 OCT 2015
The Commonwealth Bank has publicly welcomed the Australian Securities and Investment Commission's (ASIC) decision to ban former CFPL financial planners, Sharnie Kent and Stuart Jamieson. In a press release issued by the bank it said it reported concerns ...