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Showing 431 - 440 of 1231 results for "True"

Former Millennium3 adviser banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
... advice, particularly costs associated with running a self-managed super fund (SMSF). The ASIC surveillance revealed that the true costs of running the recommended SMSFs were significantly higher than Foster disclosed to clients and that Foster disclosed ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... in post-acquisition earnings and $7 billion in current value of businesses. "Taking into account qualitative factors, the true cost was probably much higher than this. Even at $53 billion, this cost is equivalent in size to REST Industry Super writing ...

Corporate superannuation fund hunts new chair

KARREN VERGARA  |  TUESDAY, 9 APR 2019
... future. "I'm happy to be leaving the fund in good hands and in a strong position to deliver on our mission, whilst keeping true to its core values which are more relevant than ever." TelstraSuper had 99,010 members with an average account balance ...

Kelaher to leave IOOF

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... vision and contribution of outgoing managing director, Chris Kelaher." "His transformative, value-accretive acquisitions built true scale in the business and enabled us to offer broad access and genuine choice of products and service to our clients and ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... market would add to household consumption restraint. Having said that, the Coalition's rosy scenario might still come true but it has to win government first.

Association names new chief and president

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
... president of the financial education and advisory services provider to superannuation funds. Mann, the principal of Sydney-based True Direction Financial, succeeds Douglas Latto. Latto is principal of Legan Financial Services. He oversaw the rebrand ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... early rate hike would reduce the necessity for even bigger increases in interest rates in the future - the opposite must be true. The longer the RBA waits before cutting interest rates, the stronger the economy's weakening momentum grows, the bigger ...

Chief economist update: Breaking up is hard to do

BENJAMIN ONG  |  THURSDAY, 14 MAR 2019
"They say that breaking up is hard to do, now I know, I know that it's true..." - Neil Sedaka. This song must be playing in UK prime minister Theresa May's head - it should as it did in mine - when a second round of voting in the House of Commons ...

Chief economist update: Time to pig out on China shares?

BENJAMIN ONG  |  MONDAY, 4 MAR 2019
The "Year of the Pig" is turning out to be what it signifies - prosperity, good fortune and success. This is no truer than from the land the 12 animal signs of the lunar calendar zodiac originated - China. This is against consensus expectations that ...

More consolidation to come: APRA

JAMIE WILLIAMSON  |  FRIDAY, 22 FEB 2019
... that Australia needs as many as 200 superannuation funds or 40,000 plus investment options. But that well-worn adage remains true: past performance is not necessarily a good guide to future performance," he said. Work must also be done to ensure new ...