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Showing 4371 - 4380 of 8591 results for "SIM"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 10 AUG 2016
Australia business confidence Brexit and the close 2 July Australian Federal elections dented Australian business sentiment as could be expected, but only just. The National Australia Bank (NAB) business confidence index eased to a reading of plus 4 ...

Monash fund added to two platforms

MARK SMITH  |  TUESDAY, 9 AUG 2016
The Monash Absolute Investment Fund has been added to both the Netwealth and Macquarie Wrap Super and Non-Super platforms. Founded in 2012, Sydney-based Monash Investors is an absolute return Australian equity specialist established by Simon Shields ...

Super funds return three per cent

MARK SMITH  |  TUESDAY, 9 AUG 2016
Superannuation funds have returned an average of 2.9% for the 12 months to 30 June as measured by the SelectingSuper workplace default option MySuper Index, propped up by property and fixed income. The SelectingSuper workplace default option MySuper ...

Terms of reference released for complaints system review

KERRIE SYDEE  |  MONDAY, 8 AUG 2016
The federal government has released the terms of reference for the independent review into the financial system's external dispute resolution and complaints framework. The independent expert panel consisting of Professor Ian Ramsay (chair), Julie Abramson ...

Prime Financial increases stake in MPR

DARREN SNYDER  |  MONDAY, 8 AUG 2016
ASX-listed Prime Financial Group is purchasing its largest stake in any one company, entering arrangements to increase holdings in Melbourne accounting and advisory firm MPR Group. Prime is increasing its stake in MPR from 40% to 93% through the issue ...

Australians overconfident when it comes to income risk

KERRIE SYDEE  |  FRIDAY, 5 AUG 2016
New research from Zurich reveals that nearly half of Australians (47%) believe they have a less than 10% chance of lost earnings due to disability or illness. The research conducted in partnership with the Smith School of Enterprise and the Environment ...

AZNGA subsidiary acquires adviser firm

KERRIE SYDEE  |  FRIDAY, 5 AUG 2016
AZ Next Generation Advisory (AZNGA) subsidiary, Wise Planners, has entered an agreement to acquire 100% of the shares of a Sydney based firm. Wise Planners will acquire Domane Financial Advisers (DFA), based in St Leonards. The firm advises over 1000 ...

PMIIG licence cancelled

MARK SMITH  |  FRIDAY, 5 AUG 2016
ASIC has cancelled the Australian financial services licence of Pacific Millennium International Investment Group (PMIIG), with effect on 28 July, after it breached its obligations. PMIIG was authorised under its AFSL to provide general financial advice ...

Wilson explains Aurora fund wind-up proposal

ALEX BURKE  |  THURSDAY, 4 AUG 2016
Wilson Asset Management has outlined to unitholders why the HHY fund, managed by Keybridge Capital, should be shut down. Arguing that the "expertise to manage the HHY portfolio promoted to unitholders is no longer at Keybridge," Wilson's letter referred ...

ASIC appoints markets disciplinary chair

ALEX BURKE  |  TUESDAY, 2 AUG 2016
ASIC has appointed the chair of its markets disciplinary panel. Serving a two-year term from August 1, Simon Gray is the former deputy chair of the panel. He is also the deputy chief executive of Shaw and Partners, a member of ASIC's market supervision ...