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Showing 3241 - 3250 of 6264 results for "DET"

Credit Suisse fined for systems mishap

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
Investment bank Credit Suisse was slapped with a $170,000 fine from the Australian Securities and Investment Commission for failing to have the appropriate price limits in place across its automated order processing (AOP) systems. The watchdog found ...

Findex assigns Aussie equities mandate

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2017
Findex has awarded the mandate for its managed discretionary Australian core equity portfolios to an active equities manager. Following a rigorous review program by the Findex investment team, Altair Asset Management secured the contract, having first ...

ASIC spots forex breaches at ANZ and Westpac

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
ASIC has accepted enforceable undertakings from Westpac and ANZ following an investigation into the banks' wholesale foreign exchange businesses. The regulator found that between 2008 and 2013, Westpac and ANZ's systems and controls failed to address ...

Actuaries Institute names new president

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
The Actuaries Institute is welcoming the appointment of a new president and leadership team. Jenny Lyon takes the leadership role while serving as a director at actuarial recruitment consulting firm SKL Executive. She has also held directorship roles ...

Doubting the benefit

BENJAMIN ONG  |  TUESDAY, 14 MAR 2017
Lost in the current expectations du jour - inevitable Fed rate hike on the 15th of March (and how many more thereafter) and US president Trump's reflationary policies (would they be passed in full, scaled down, or abandoned) are recent developments ...

SUPERCentral launches estate planning course

EMMA RAPAPORT  |  MONDAY, 13 MAR 2017
Wealth management services provider SUPERCentral is launching an estate planning course for financial advisers. The scenario-based course, Real Life Estate Plans, aims to provide advisers with the tools to meet clients' needs in estate planning as Australia ...

Former BT executive to head advice group

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2017
BT Financial Group's former head of licensee development and BT Group Licensees is the new chief executive of a boutique advice licensee. Annick Donat has joined Madison Financial Group after resigning from BT in December 2016, having spent six years ...

Russell Investments and Netwealth strike platform deal

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2017
Russell Investments will enter the platform market after securing an $850 million white-label deal with one of Australia's key platform providers. Following a detailed review of platform providers, Netwealth was selected by Russell to partner on the ...

Jobs, jobs, jobs

BENJAMIN ONG  |  THURSDAY, 9 MAR 2017
Financial markets don't track the ADP private payrolls report as closely as they do the Bureau of Labor Statistics (BLS) employment report but if ADP's estimate for February is any guide, the official US non-farm payrolls report (due out at the end ...

SSGA wields power on gender equality

ALEX BURKE  |  WEDNESDAY, 8 MAR 2017
State Street Global Advisors has called for greater female representation on the boards of companies in which it invests, collectively representing more than $30 trillion in market capitalisation. SSGA said in the event a company is too slow to take ...