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Showing 3611 - 3620 of 5260 results for "SCA"

BNP, US prosecutors near $US9bn settlement

AFP  |  MONDAY, 23 JUN 2014
BNP Paribas has neared a deal with US prosecutors that would see the French bank pay $US8 billion to $US9 billion and accept other punitive measures for violating American sanctions, The Wall Street Journal reports. US regulators and BNP Paribas executives ...

Advisers applaud "historic" ban on commissions

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
Financial advice associations and the Financial Services Council (FSC) have applauded the "historic" ban on commissions in general advice and welcomed the government's changes to the Future of Financial Advice (FoFA) law. "We are extraordinarily pleased ...

Government to pass most FoFA changes through regulation

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
The government is intending to approve most changes to the Future of Financial Advice (FoFA) law through regulation first, despite Labor and the Greens strong opposition to the amendments. Minister for Finance Mathias Cormann issued a response to the ...

The scares that weren't

BENJAMIN ONG  |  FRIDAY, 20 JUN 2014
"...I'm gonna have myself a real good time I feel alive and the world it's turning inside out yeah! I'm floating around in ecstasy So don't stop me now don't stop me 'Cause I'm having a good time having a good time." - "Don't stop me now", Queen We've ...

Prepare for the 'financial Amazon': Joye

JAMES FERNYHOUGH  |  THURSDAY, 19 JUN 2014
Online financial supermarkets akin to Amazon are the future of financial services distribution, according to YBR Funds Management's Christopher Joye. Speaking at the Financial Standard MAX forum in Sydney yesterday, Joye said there was a surprisingly ...

Steady as she goes

BENJAMIN ONG  |  THURSDAY, 19 JUN 2014
Who said you can't teach new tricks to an old dog? So sowee, I'm not in any way calling dear Aunt Janet Yellen a dog and most certainly not old... it's just that it's the first thing that came to my fast thinning scalp when I was clicking over what ...

Senate report supportive of government FoFA reforms

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
The Senate Economics Committee has shown broad support of the Coalition's proposed amendments to the Future of Financial Advice (FoFA) law, although it suggested some changes. The Committee made public the conclusions of the Senate inquiry into the ...

Research contradicts group risk claims crisis

MARK SMITH  |  MONDAY, 16 JUN 2014
Price hikes widely anticipated in the super fund group risk market have not manifested in any more than a small handful of funds. That is the finding of the 2014 Rainmaker superannuation group insurance survey of 14,834 risk options offered by 206 super ...

UBS launches farmland investment service

MARK SMITH  |  TUESDAY, 10 JUN 2014
UBS Global Asset Management has established an Australia and New Zealand farmland investment advisory service to meet the growing institutional demand for assets, particularly from Asia. The new capability will offer direct farmland ownership and exposure ...

IFM grows infra debt team

JAMES FERNYHOUGH  |  FRIDAY, 6 JUN 2014
IFM Investors has expanded its infrastructure debt operations with the appointment of John Carey as investment director of European infrastructure debt. Based in London, Carey will be responsible for the origination, analysis and execution of infrastructure ...