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Showing 2811 - 2820 of 9740 results for "Major"

Merger to create $885m LIC

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
... million is assets. CYA aims to deliver a regular income stream of fully franked dividends. Its top holdings include the four major banks, Macquarie, AMP, Amcor, QBE, BHP and Woolworths. Since its 2004 inception, it returned 11.3%, beating its benchmark ...

Westpac cops BBSW fine

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
... ruling, and added ASIC moved litigation against the banks to hold them to account. "ASIC brought this litigation to hold the major banks to account for their unacceptable conduct, and to test the scope of the law in combating benchmark manipulation," ...

Chief economist update: Cheaper oil greases wheels of growth

BENJAMIN ONG  |  MONDAY, 12 NOV 2018
... However, I take offence at the Australian Financial Review 's "Before the Bell" spread saying: "Wall Street's three major stock indexes lost ground on Friday, after a week of recovery from the October sell-off, as oil prices fell further and ...

More than half of advisers without association membership

JAMIE WILLIAMSON  |  THURSDAY, 8 NOV 2018
Latest research suggests more than half of the financial advisers in Australia are not affiliated with any industry association, despite the impending professional standards reform. Rainmaker analysis shows just 12,400 of Australia's financial advisers ...

APRA beefs up cybersecurity standards

HARRISON WORLEY  |  THURSDAY, 8 NOV 2018
... security breach at an APRA-regulated entity is almost certainly a question of when - not if. In a worst-case scenario, a major breach could even force a company out of business," Summerhayes said. "As a result, APRA is fast-tracking implementation of ...

October volatility sours investor outlook

KARREN VERGARA  |  TUESDAY, 6 NOV 2018
... Recep Peker said: "While recent volatility has played a hand in driving this pessimism, investors are more concerned about major global issues." The Trump administration (46%) was cited as the major issue investors were concerned about. Tensions between ...

Banks must reshape to survive compliance and technology crunches

DARREN SNYDER  |  TUESDAY, 6 NOV 2018
... KPMG and EY point to several compliance and technology headwinds facing the sector and suggest cost discipline will be a major focus. It means more restructures and simplifications. KPMG partner, banking strategy, Hessel Verbeek said not only have various ...

Macquarie to front Royal Commission

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
... seventh round of hearings, and Macquarie Group is a notable addition to an otherwise predictable lineup. Despite being a major player in the financial services industry, Macquarie managed to avoid the Royal Commission spotlight while other institutions ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
... recorded in May 1969. Whether by luck or design, the booming US economy would have been US president Donald Trump's major legacy to the world - with America super charging growth all around the globe. But alas! Reminiscent of the song, Trump spoils ...

Life insurers fear genetic testing changes

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
Majority of life insurance companies fear the availability of genetic testing to consumers will be more disadvantageous and complex, and will have a negative impact on their business, a new survey shows. Strategic Insights' survey of retail, direct ...