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Showing 421 - 430 of 1518 results for "MOT"

Kelaher to leave IOOF

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
IOOF has announced new leadership following the fallout from the Royal Commission, with managing director Chris Kelaher to leave the embattled wealth firm. Allan Griffiths has been named IOOF's new independent, non-executive chair. He has been acting ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
The 2019-20 Federal Budget's subdued approach has received a similar welcome from the wealth industry. The big players are neither up in arms nor full of praise for the Budget, which was headlined by personal tax cuts and a $7.1 billion surplus ...

Infrastructure gets $100 billion

KANIKA SOOD  |  TUESDAY, 2 APR 2019
The Government says it will put $100 billion towards key transportation infrastructure over the next decade. It adds $25 billion to last year's Budget commitment to spend $75 billion over 10 years in the area. "This includes $2 billion to help deliver ...

Don't expect super favouritism: Bowen

HARRISON WORLEY  |  MONDAY, 1 APR 2019
If Labor wins the upcoming Federal Election, don't expect the new Treasurer to go easy on underperforming funds - industry or otherwise. Speaking at an FSC BT Political Series lunch at Doltone House in Sydney last week, Shadow Treasurer Chris Bowen ...

TAL to add remediation head

HARRISON WORLEY  |  TUESDAY, 26 MAR 2019
TAL is recruiting for a new position that will lead remediation efforts. The diversified financial services firm is hiring a head of operational resilience and remediation, to "lead remediation and rectification activities." TAL general manager customer ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
Uh-OMG-oh! Long-time and loyal readers would have probably noticed my change in tune over the past few weeks - from a mini-me Dr. Doom to a prophet of boom - based on the rationale that the world's major central banks have toned down and/or reversed ...

Younger HNWs splashing on art

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
A new tribe of art collectors is emerging across the globe as younger high-net-worth individuals loosen their purse strings to buy more readily than the old guard, says a new UBS report. Millennials accounted for almost half of the total high end spending ...

Pinnacle boutique opens LIT offer

KANIKA SOOD  |  MONDAY, 11 MAR 2019
... targeting 7% net cash income per annum. Metrics Credit Partners' new trust, the MCP Wholesale Income Opportunities Trust (ASX: MOT) will invest in sub-investment grade debt, starting with 30 positions. The target total return is between eight and ...

Up close and personal: Women in financial services

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
From chief executives to chief underwriters, risk advisers to mental health and consumer advocates, here are the stories of six women in financial services you should know about. Financial Standard has profiled six women from different parts of the ...

Market cap funds disappoint investors: Report

KARREN VERGARA  |  TUESDAY, 5 MAR 2019
The vast majority of Australian funds failed to outperform respective benchmarks in 2018 and recorded relatively poor performance compared to the prior year. This is according to the latest S&P Dow Jones Indices' SPIVA Australia Scorecard, which showed ...