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Showing 4011 - 4020 of 6265 results for "DET"

CBA needs to"lift its game": Treasurer

LAURA MILLAN  |  MONDAY, 30 JUN 2014
Treasurer Joe Hockey said Commonwealth Bank (CBA) needs to "lift its game" and added that the bank has handled the scandals within its financial planning businesses and the Senate investigation "appallingly." Hockey spoke this weekend at the Liberal ...

Russell Investments set for London Stock Exchange sale

MARK SMITH  |  MONDAY, 30 JUN 2014
US index provider and fund manager Russell Investments looks set to be sold to the London Stock Exchange Group (LSEG) after the UK group agreed a US$2.7 billion purchase price with parent company Northwestern Mutual. The deal will bring together US$5.2 ...

MyState names new CEO

JAMES FERNYHOUGH  |  MONDAY, 30 JUN 2014
Tasmania-based financial services company MyState Limited has appointed Melos Sulicich as its new managing director and chief executive. Sulicich was previously chief executive of RAMS Financial Group and General Manager, Mortgage Broker Distribution ...

US bond yields zipped by ZIRP?

BENJAMIN ONG  |  MONDAY, 30 JUN 2014
A trading day short of six months into 2014 and yields on 10-year US government benchmark bonds have dropped to 2.54% -- exactly 50 basis points below the 3.04% they were fetching at the birth of 2014. What's interesting Virginia, is that this is happening ...

ASIC changes depend on the government: Medcraft

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
Changes to the Australian Securities and Investments Committee (ASIC) depend on the level of resilience that the government wants from the financial services regulator, ASIC chairman Greg Medcraft said. Medcraft spoke at a media conference the day after ...

James knows when

BENJAMIN ONG  |  FRIDAY, 27 JUN 2014
Jumpin' Jiminy Cricket Batman! The US Federal Reserve will begin to lift interest rates soon - that is, sooner than everyone in the planet expects. Bullard of bull (dropping?). Federal Reserve Bank of St. Louis President James Bullard said so in his ...

Retail funds also guilty of 'Compare the Pair' vagueness

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
BT and ANZ may need to follow Industry Super Australia (ISA) in clarifying the language of their superannuation advertising campaigns, following a ruling by the Australian Securities and Investments Commission (ASIC) over use of the term 'average' in ...

Momentum for mFund service gathering despite uncertainty

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
Equity Trustees has said it is starting to see momentum building for investors to transact through the ASX's mFund Settlement Service. The group says applications for funds provided by two of its clients, PIMCO and Armytage Private Funds, are being ...

MDA provider makes debut on ASX

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
Managed Accounts Holdings Limited has started trading on the Australian Securities Exchange (ASX) today after raising about $3 million in its Initial Public Offering. The owner of managed discretionary account specialist managedaccounts.com.au will ...

ISA to change Compare the Pair ads

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
Industry Super Australia (ISA) will change its 'Compare the Pair' advertising campaign to include disclaimers after the Australian Securities and Investments Commission (ASIC) expressed concern that the ads were misleading to consumers. In future advertisements ...