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Showing 3581 - 3590 of 9740 results for "Major"

Trump matters

BENJAMIN ONG  |  MONDAY, 13 FEB 2017
... Australian exports to the US accounts for only 5% of total exports, its five biggest export markets have America as their major export market. China's exports to the US accounts for 18% of its overall exports; Japan, 20%; South Korea, 13%; and India ...

Australian Unity partners for managed account solution

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2017
Australian Unity has joined forces with a major managed accounts provider to offer a private label to its clients. Australian Unity, which holds $6 billion in funds under management, is the latest firm to partner with netwealth for a private label solution ...

AMP cops short-term pain

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2017
AMP's wealth management inflows took a hit in 2016 as its adviser network felt the impact of legislative reform. Cashflows in to the wealth management division were impacted by regulatory uncertainty which caused investors to be wary of contributing ...

Buying American

BENJAMIN ONG  |  THURSDAY, 9 FEB 2017
... currency manipulation and undervalued currencies. This is because as at December, the US remains in deficit relative to its major trading partners: China (US$27.8 billion deficit); European Union (US$12.3 billion deficit); Japan (US$6.5 billion deficit) ...

RBNZ on steady

BENJAMIN ONG  |  THURSDAY, 9 FEB 2017
... Longer-term inflation expectations remain well-anchored at around 2 percent". However, the RBNZ statement warned that, "major challenges remain with on-going surplus capacity in the global economy and rising geo-political uncertainty". Likewise, it is ...

House passes professional standards bill

EMMA RAPAPORT  |  WEDNESDAY, 8 FEB 2017
Federal laws which will affect the future of the financial planning industry passed the House of Representatives last night. The Corporations Amendment (Professional Standards of Financial Advisers) Bill, which was first introduced into Parliament in ...

CBA to pay $23 million for poor advice

JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2017
The Commonwealth Bank will pay at least $23 million in compensation to customers found to have received inappropriate and costly financial advice. Promontory Financial Group confirmed it has completed all assessments of Commonwealth Financial Planning ...

Whitehelm drives Prime Super outperformance

ALEX BURKE  |  MONDAY, 6 FEB 2017
... instrumental in driving up the public offer fund's allocation to alternatives. In 2016, the firm helped Prime Super make major investments in the space, including a senior secured bond issuance by Autovia del Noroeste (Aunor), a mature shadow toll road ...

Former Suncorp executive joins ME Bank

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2017
ME Bank recently welcomed a new addition to its board. Industry veteran John Nesbitt joined ME Bank as a director, having finished up as chief executive of Suncorp Banking and Wealth in September last year. Nesbitt brings more than 35 years' experience ...

Trump's tweets and deeds

BENJAMIN ONG  |  MONDAY, 6 FEB 2017
The times they are a-changin'. Three major central banks - the Bank of Japan (BOJ), the US Federal Reserve (Fed) and the Bank of England (BOE) - one day after another last week but did many give a hoot? Sure, it was hardly news because all three kept ...