Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 351 - 360 of 645 results for "Macquarie Group"

Macquarie pays $11m advice compensation so far

LAURA MILLAN  |  THURSDAY, 23 JUL 2015
Macquarie Group's comprehensive advice remediation program has paid $11 million to disgruntled advice clients a year after it was put in place. Documents made public by the group prior to the annual general meeting today reveal that, to 30 June 2015 ...

Market set to fall

AAP  |  THURSDAY, 23 JUL 2015
... to release quarterly production reports, and construction firm CIMIC will post its half year financial results. Macquarie Group holds its annual general meeting in Sydney. The market fell on Wednesday, ending a six day winning streak. the benchmark S&P/ASX200 ...

Australian alternatives assets top $250 billion

MARK SMITH  |  TUESDAY, 14 JUL 2015
... under management. The survey shows that the top 10 local alternatives managers by funds under management are: Macquarie Group, Platinum Asset Management, AMP Capital, IFM Investors, Lend Lease, QIC, Colonial First State Global Asset Management, RARE ...

ASIC bans former risk adviser

ALEX BURKE  |  THURSDAY, 9 JUL 2015
ASIC has banned a life insurance adviser from former Macquarie Group subsidiary Risk Advice Specialists. Risk Advice Specialists, which described itself as "100% backed by Macquarie," was a boutique risk-focused dealer group established in 2012. It ...

IOOF execs asked to face Senate

LAURA MILLAN  |  FRIDAY, 26 JUN 2015
... of Financial Advice inquiry, which has previously grilled executives from ANZ, National Australia Bank (NAB), Macquarie Group and Commonwealth Bank. The request to meet IOOF representatives came after information made public by Fairfax revealed cases ...

NAB upgrades advice compensation program

LAURA MILLAN  |  THURSDAY, 21 MAY 2015
... place a comprehensive compensation program for its advice clients, similar to the ones that Commonwealth Bank and Macquarie Group have undertaken, "I have no reason to not believe it when you say it is small and isolated, but you are asking us to have ...

Market wrap

AAP  |  FRIDAY, 8 MAY 2015
... hunters perhaps moving back in to those beaten down names now we've got the banks' reporting season out of the way." Macquarie Group added $4.06, or 5.3 per cent, to $80.56 after lifting its full year profit 27 per cent, to $1.6 billion, beating both ...

Macquarie profit beats forecast

MARK SMITH  |  FRIDAY, 8 MAY 2015
Macquarie Group has seen its net profit after tax rise 27% to $1.604 billion for the full year to 31 March and assets under management jump 14%, beating forecasts. Profit for the second half of the year was $926 million, up 37% on the first half. The ...

Market Wrap AM

AAP  |  FRIDAY, 8 MAY 2015
... Locally on Friday, the Reserve Bank of Australia releases its Statement on Monetary Policy. In equities news, Macquarie Group releases its full year results, and Alumina holds its annual general meeting. In Australia on Thursday, the major banks drove ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
... were unable to pay compensation to clients under existing PI insurance arrangements. Speaking at the inquiry, Macquarie Group chief executive Nick Moore endorsed the idea, saying it was "part of the evolution of the whole financial planning industry," ...