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Showing 4371 - 4380 of 10722 results for "May 19"

Former Provident Capital MD still banned but allowed procedural fairness

DARREN SNYDER  |  THURSDAY, 22 MAR 2018
The Federal Court has upheld ASIC's five-year disqualification of the former managing director at Provident Capital but found the Administrative Appeals Tribunal denied the MD procedural fairness in its hearing. ASIC explained that on 20 February 2015 ...

Aussie attitudes toward retirement shifting

JAMIE WILLIAMSON  |  THURSDAY, 22 MAR 2018
The number of superannuants making additional contributions to superannuation is declining as the age at which people intend to retire increases. According to recent Roy Morgan studies, more than one in five (20.8%) contributors to superannuation members ...

GROW Super begins group insurance innovation

JAMIE WILLIAMSON  |  THURSDAY, 22 MAR 2018
GROW Super is partnering with one of the world's largest reinsurers to explore the potential for blockchain technology within group insurance. Entering a joint venture with Hannover Life Re Australasia, GROW will use R3's Corda blockchain infrastructure ...

New trust lowers cost for retail access to corporate loan market

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
Metrics Credit Partners is seeking to raise $303 million for its listed corporate loan trust, giving retail investors more liquid access to a traditionally bank-dominated market. MCP's Master Income Trust (ASX: MXT) successfully raised $516 million ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
The Australian Bureau of Statistics (ABS) released figures showing that the annual growth rate in Australian residential property prices continued to ease in the December 2017 quarter. The "weighted average of eight capital cities" residential property ...

Government reappoints ASIC executives, creates new role

KANIKA SOOD  |  MONDAY, 19 MAR 2018
The Federal Government has reappointed ASIC's deputy chair and a commissioner in addition to creating a new role for a second deputy chair. Federal Minister for Revenue and Financial Services Kelly O'Dwyer said ASIC deputy chair Peter Kell and commissioner ...

Praemium data feeds added to BGL platform

KANIKA SOOD  |  MONDAY, 19 MAR 2018
Praemium's automated data feed for financial advisers is now available on BGL's Simple Fund 360 platform. The new data feed will use BGL SmartPost II to automatically move money to ledger accounts. BGL managing director Ron Lesh said his team has been ...

MyRetirement products too pricey for super funds

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
Delay in progress on the development of MyRetirement (CIPRs) products may not be due to a lack of initiative from superannuation funds but rather reluctance around expenditure. A running point of discussion at the recent Conference of Major Superannuation ...

Aurora calls out 8IP directors

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
Aurora Funds Management is calling for the removal of three directors of Eight Investment Partners' $50 million listed investment company. Owning a 19.99% share in 8 Emerging Companies, Aurora is the largest shareholder in the LIC and said it called ...

Housing affordability fuelling negative gearing backlash

JAMIE WILLIAMSON  |  FRIDAY, 16 MAR 2018
The majority of non-property investors support the modification of negative gearing policy as fears over housing affordability grow. New research from the Australian Institute of Superannuation Trustees (AIST) shows 55% of non-property investors would ...