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Showing 3301 - 3310 of 6884 results for "Act2"

FS Power50 announces most influential advisers

STAFF WRITER  |  MONDAY, 13 NOV 2017
Financial Standard has launched its FS Power50 guide today, recognising the 50 most influential financial advisers in Australia as voted by the industry. The special edition, available on print, app and e-book, reflects the depth and diversity of Australia's ...

Morrison backs customer-owned banking reforms

KARREN VERGARA  |  FRIDAY, 10 NOV 2017
Treasurer Scott Morrison has backed the entire proposed reform package for the banking co-ops and mutuals sector in an effort to further increase competition in banking and financial services. The Hammond Review found a widespread lack of recognition ...

Industry funds must renew aged care investment focus

EMMA RAPAPORT  |  FRIDAY, 10 NOV 2017
One of the top national lobby groups for older Australians has called for more involvement from industry superannuation funds in the aged care sector. At a roundtable hosted by Industry Super Australia and over 50s consumer group Council on the Ageing ...

ASIC needs tougher, direct powers: Taskforce

KARREN VERGARA  |  THURSDAY, 9 NOV 2017
ASIC should be given tougher intervention powers to direct how an Australian financial services licensee addresses or prevents compliance failures. The latest report from the ASIC Enforcement Review Taskforce highlights several shortcomings the corporate ...

BTIM delivers record profit despite fee pressure

ALEX BURKE  |  WEDNESDAY, 8 NOV 2017
BT Investment Management boosted its cash net profit after tax by 11% to $173.1 million, despite a 51% dip in performance fee earnings. The profit was mostly driven by strong net inflows of $4.7 billion; the boost in funds under management - up 14% ...

Former BBY adviser cops 10-year ban

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2017
A former BBY financial adviser has been banned for 10 years, while an ex-CBA adviser pleaded guilty to forging client documents, corporate regulator ASIC said. ASIC banned Perth-based Sergio Nicolo Belardo, a former authorised representative of stockbroking ...

AXA IM appoints APAC lead for real assets

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2017
AXA Investment Managers' real assets division appointed a head of Asia Pacific, having identified the region as key for the firm's geographical expansion. Currently serving as European head of transactions, Laurent Jacquemin has been promoted to lead ...

Wealth, insurance arms hit banks' earnings

KARREN VERGARA  |  TUESDAY, 7 NOV 2017
The wealth management and insurance businesses continued to squeeze the margins of the four major banks in the full year to 2017, separate reports from EY and KPMG have found. A KPMG analysis of the major Australian banks' performance shows the insurance ...

Property investing key to outlasting super

KARREN VERGARA  |  TUESDAY, 7 NOV 2017
Pre-retirees can retire comfortably on passive income if they start investing in the property market now, according to property consultancy firm WealthMart. As much $80,000 per annum can be earned from a portfolio of properties that generate positive ...

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
The Bank of England (BOE) did what it said it would do -- it lifted the Bank Rate by 25 basis points to 0.5% following its 2 November monetary policy council meeting (MPC). The announcement marks the first time in more than a decade that the BOE raised ...