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Showing 3831 - 3840 of 10719 results for "May 19"

SMSF darlings revealed

KANIKA SOOD  |  MONDAY, 4 MAR 2019
Self-managed superannuation funds renewed their focus on blue chip stocks amid market uncertainty in the second half of 2018, the latest CommSec SMSF trading trends report shows. The sector had been cooling to the top stocks for some time. Almost 40% ...

Grandfathered commissions ban unconstitutional: Association

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2019
A financial advice industry association is looking to take the Government to the High Court over the planned ban on grandfathered commissions, arguing the changes may not be constitutionally valid. The Association of Independently Owned Financial Professionals ...

New ASX governance principles target culture

KARREN VERGARA  |  THURSDAY, 28 FEB 2019
The ASX and its new corporate governance principles unveiled overnight are taking a leaf out of Commissioner Kenneth Hayne's final recommendations. The fourth iteration of the ASX Corporate Governance Council's principles and recommendations ...

Saxo appoints chief executive

KARREN VERGARA  |  THURSDAY, 28 FEB 2019
Saxo Capital Markets appointed a new chief executive to lead its Australian operations. Adam Smith is the former chief operating officer of foreign exchange and payments ASX-listed firm OFX. Between October 2014 and September 2015, Smith was the former ...

IFM Investors adds policy director

KARREN VERGARA  |  THURSDAY, 28 FEB 2019
The former director of policy at Industry Super Australia is joining IFM Investors. Zachary May takes on the newly-created role of executive director of strategy and policy. Prior to joining ISA, May worked at the US Securities and Exchanges Commission ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
The A$/US$ exchange rate is, according to my Bloomberg screen, currently trading at US$0.7141, up 0.04% from the previous trading day and up 1.3% this year to date. In turn, Bloomberg's US dollar spot index has risen 0.14% overnight and is just ...

'Best in show' a no go: KPMG

JAMIE WILLIAMSON  |  WEDNESDAY, 27 FEB 2019
The Productivity Commission's recommendation of a 'best in show' list for superannuation funds will not be adopted, according to KPMG. In a new report, KPMG states it is highly unlikely a shortlist of default super providers will eventuate. This is ...

KPMG expands advice remediation team

HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
KPMG recently launched a hiring spree to support clients with financial advice remediation efforts. As wealth managers further move to remediate customers for various fees for no service and financial advice misconduct, KPMG is bolstering its managed ...

Infrastructure fund plans SMSF raise

KANIKA SOOD  |  MONDAY, 25 FEB 2019
A fund that gives SMSFs and HNWs exposure to unlisted infrastructure assets like airports and toll roads is planning to raise $50 million in March. Former Telstra Super head of alternatives Nicole Connolly's Infrastructure Partners Investment Fund ...

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
The Labor Party will look to ban the payment of grandfathered commissions by January 2020 if successful at the upcoming Federal election. Responding to the final report, Shadow Treasurer Chris Bowen said the party has already tabled a bill to end the ...