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Showing 381 - 390 of 721 results for "Class A"

Industry responds to Dover shutdown

JAMIE WILLIAMSON  |  TUESDAY, 12 JUN 2018
The Association of Financial Advisers will lobby ASIC and the Federal Government to extend the transition period provided to Dover Financial Advisers' authorised representatives in the wake of the dealer group's shock closure. On Friday evening ...

Netwealth boosts class action involvement

JAMIE WILLIAMSON  |  TUESDAY, 5 JUN 2018
In its latest round of platform enhancements, Netwealth has added the ability for investors to participate in class actions. As of this month, Netwealth has made available information on open class actions within the platform's Corporate Actions ...

Outlook darkens for bank stocks

KANIKA SOOD  |  THURSDAY, 31 MAY 2018
Major bank stocks could tumble up to 40% if the correction in the housing market gets more disorderly, UBS analysts led by Jonathan Mott said in a research note dated May 30. However, this "credit crunch" is not yet UBS' base case, even though it ...

AMP Advice risk chief departs

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
The chief risk officer at AMP's embattled financial advice business has resigned. Pally Bargri has departed his post as AMP Advice chief risk officer, stating he does not have the capacity required to help steer the under fire wealth manager through ...

Better than bonds: A new approach to lifecycle investment

KANIKA SOOD  |  WEDNESDAY, 16 MAY 2018
Superannuation funds could top up lifecycle members' end savings by about 30%, if they make a "mid-step" switch to defensive equities instead of gradually increasing allocations to bonds, according to new analysis from Parametric. Parametric's latest ...

AMP hit with another proposed class action

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
Maurice Blackburn has jumped on the bandwagon, seeking interest to launch a third class action against AMP. Announcing its action today, the law firm is attempting to attract as many AMP shareholders as possible by way of a "market disrupting" commission ...

AMP to fight class actions, prioritise performance

HARRISON WORLEY  |  THURSDAY, 10 MAY 2018
AMP confirmed it will vigorously defend two class action lawsuits brought against it by shareholders in the wake of the Financial Services Royal Commission. In an ASX announcement on the morning of its AGM, AMP stated it had been served with two class ...

Labor responds to 'unfair' Budget

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
The Labor Party said pensioners and working Australians will be most disadvantaged by this year's Budget proposals. Opposition Leader Bill Shorten said the Liberal Government's budget is "unfair" and favours big business. In a series of Tweets, Shorten ...

S&P reaffirms Sirtex after new offer from Chinese manager

ALEX BURKE  |  TUESDAY, 8 MAY 2018
ASX-listed healthcare firm Sirtex, whose investors include some of Australia's leading fund managers, will remain in the S&P/ASX 200 after its US takeover has been postponed in light of a new offer. Sirtex entered into a trading halt and then announced ...

Perpetual director joins ING board

KARREN VERGARA  |  MONDAY, 7 MAY 2018
A Perpetual non-executive director and the chair of its listed investment company has joined the board of ING Australia. Nancy Fox has served as a non-executive director at Perpetual since September 2015. She was appointed chair of Perpetual's first ...