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Showing 3431 - 3440 of 8591 results for "SIM"

Financial advice as charitable giving

JAMIE WILLIAMSON  |  MONDAY, 1 OCT 2018
A new financial advice firm operating as a charity is changing the lives of low income earners in Western Australia. Registered with the Australian Charities and Not-For-Profit Commission, Leda Financial Advice was founded by financial adviser Michael ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
AMP and Australia's big four banks have responded to the Royal Commission's interim report on misconduct in the financial services sector. The report, released on Friday, was scathing in its review of Australia's major players in financial services. ...

Regulatory inadequacy to blame: Hayne

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
Inadequate regulatory response to previous financial advice scandals has enabled poor conduct to continue and exacerbate, according to the Royal Commission. In his interim report, Commissioner Hayne has said scandals dating back to the GFC can shed ...

Interim report dotted with questions

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
What is to gain from passing new law? That's one of many questions that dotted Commissioner Kenneth Hayne executive summary for the Banking Royal Commission's final report. Hayne boiled down his 643-word summary to two questions: Why did it ...

Royal Commission interim report released

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
Passing new law to deter financial services companies from erring again would add an extra layer of complexity to an already complex regulatory regime, the Royal Commission has said in its interim report released this afternoon. "The law already requires ...

BlackRock outlines ETF plans for Australia

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
Actively managed ETFs are one of the things that are off the table for BlackRock's Australian business at least for now, according to the newly-appointed iShares head Christian Obrist. Obrist spoke to Financial Standard about the opportunities that ...

Macquarie chiefs embroiled in German investigation

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
Macquarie Group executives, including outgoing chief Nicholas Moore and successor Shemara Wikramanayake, are embroiled in a German investigation that alleges the bank was involved in a share-trading scheme. In a statement released to the ASX on Friday ...

S&P Dow Jones partners with pension fund giant

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
Index provider S&P Dow Jones Indices has partnered with an international pension fund that will benchmark its ESG investment strategy against two newly launched indices. The Japanese Government Pension Investment Fund (GPIF) is using two of S&P's new ...

Glut of underperformance in managed funds: Research

KANIKA SOOD  |  TUESDAY, 25 SEP 2018
Nearly eight-in-ten managed funds in Australia failed to hit benchmark returns over a 10-year horizon, according to new analysis by InvestSMART. The researchers modelled Morningstar data for 5297 manager funds that have a track record of 10 years. They ...

JCP appoints executive chair

KANIKA SOOD  |  MONDAY, 24 SEP 2018
JCP Investment Partners has appointed a former TCorp general manager of investments to chair its board as a part of its management transition. Mark O'Brien replaces the incumbent (interim) chair Richard Balderstone, starting October 1. O'Brien will ...