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Showing 3111 - 3120 of 6512 results for "Jul"

Former YBR chief exec joins K2 board

JAMIE WILLIAMSON  |  WEDNESDAY, 28 SEP 2016
K2 Asset Management has announced the appointment of a former YBR chief executive to its board. Matt Lawler resigned as chief executive of wealth management at YBR in July and joins the K2 board as a non-executive director. Lawler brings over 30 years ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 28 SEP 2016
US consumer confidence The Conference Board's consumer confidence index jumped to 104.1 in September from an upwardly revised 101.8 in the previous month. This is better than consensus expectations for a dip to 99.0 and is the highest level since the ...

Former Westpac adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
ASIC has banned a former Westpac adviser from providing financial services for four years. Michael Mahoney of Adelaide has been disqualified after an ASIC investigation found that he engaged in misleading and deceptive conduct during his time as a Westpac ...

NGS cuts ties with CommInsure

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
NGS Super has terminated its longstanding partnership with CommInsure, awarding the mandate for its insurance offering to a rival life company. Following an in-depth tender process, the mandate has been secured by TAL; ending NGS's 28 year relationship ...

Life insurance reforms to be re-introduced

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
A spokesperson for the Minister for Revenue and Financial Services Kelly O'Dwyer has confirmed to Financial Standard that draft legislation pertaining to the Life Insurance Framework (LIF) will be formally re-introduced in early October when Federal ...

Managed accounts market likely bigger than thought

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2016
The Australian managed accounts market is well on the way to achieving Morgan Stanley's $60 billion FUM by 2020 prediction, with data released by the Institute of Managed Accounts Professionals (IMAP) indicating the market has more than doubled since ...

ASIC bans fraudulent adviser

KERRIE SYDEE  |  FRIDAY, 23 SEP 2016
ASIC permanently banned a financial adviser after he was sentenced and imprisoned for fraud charges. Sandeep Madhoji is permanently banned from providing financial services or engaging in credit activity following the successful prosecution of the Queensland ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 23 SEP 2016
Australia leading index The Westpac-Melbourne Institute leading index of economic activity showed no growth (0%) in August, decelerating from 0.08% in the previous month but the six-month annualised growth rate - indicating the "pace of economic activity ...

Christmas in September

BENJAMIN ONG  |  THURSDAY, 22 SEP 2016
Ho, ho, ho. Merry Christmas everybody, merry Christmas! The Bank of Japan (BOJ) and the US Federal Reserve (Fed) played jolly old saint Nicolas, decking the financial market halls with boughs of holly (fa la la...) on the 21st of September. Santa Kuroda ...

IFM active equity team wins first mandate

MARK SMITH  |  WEDNESDAY, 21 SEP 2016
IFM Investors' active equities team has won its first institutional mandate from an industry super fund. The $6.5 billion Mine Wealth + Wellbeing fund has awarded the firm's Australian Core Equities strategy its inaugural mandate. The exact size of ...