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Showing 4881 - 4890 of 8592 results for "SIM"

ASIC looking to introduce civil laws to punish corporates

DARREN SNYDER  |  WEDNESDAY, 3 JUN 2015
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has told a Senate Estimates hearing that the big six banks and regional counterparts have no excuse for poor corporate culture. During today's hearing Medcraft said ASIC ...

J.P.Morgan makes Australian appointment amid global restructure

LAURA MILLAN  |  TUESDAY, 2 JUN 2015
J.P.Morgan Asset Management has appointed a key account manager for Victoria, Tasmania, South Australia and Western Australia. Business development manager Joseph Tobias will join the funds business as key account manager to strengthen the firm's presence ...

Super reforms to hurt retirees

ALEX BURKE  |  TUESDAY, 2 JUN 2015
The Treasury's proposed changes to the Age Pension in the 2015 Budget were targeted at "liquid millionaires" claiming government assistance, but some industry figures say the new rules will hit the most vulnerable retirees over the long-term. According ...

Winter of our discontent

BENJAMIN ONG  |  MONDAY, 1 JUN 2015
'Twas a winter of discontent for our Northern Hemisphere brethrens and us, Australians all, could experience a similar winter of our own. It barely made the headlines when the Organisation for Economic Cooperation and Development (OECD) issued its provisional ...

Executive appointment round-up

STAFF WRITER  |  FRIDAY, 29 MAY 2015
A new general manager for Godfrey Pembroke and a reshuffle at the top of First State Super led a raft of big appointment stories this week. NAB confirms new Godfrey Pembroke GM - Alan Logan, who has held executive positions at ANZ Advice & Distribution ...

Members less likely to switch from workplace funds

ALEX DUNNIN  |  THURSDAY, 28 MAY 2015
Members are two thirds more likely to switch their personal super funds than their workplace super fund, explaining why retail wealth groups are ramping up their political campaign to decouple superannuation from industrial awards. Roy Morgan has just ...

Mandatory qualifications will lead to adviser exodus

ALEX BURKE  |  WEDNESDAY, 27 MAY 2015
Enforcing minimum qualifications for financial advisers will lead to many leaving the industry, according to Connect Financial Services Brokers chief executive Paul Tynan. Speaking to Financial Standard, Tynan pointed to the results of introducing minimum ...

Old families make way for self-made billionaires

LAURA MILLAN  |  WEDNESDAY, 27 MAY 2015
Today's billionaires are not the heirs of wealthy families, but young self-made entrepreneurs who have a strong appetite for clever risk-taking, an obsessive focus on business and a strong work ethic. That's according to UBS and PwC's 2015 report, 'Billionaires ...

Market to open lower

AAP  |  TUESDAY, 26 MAY 2015
The Australian market looks set to open slightly lower after US and most European markets were closed for public holidays on Monday. At 0655 AEST on Tuesday, the June share price index futures contract was down four points at 5,722. Paris' leading CAC ...

Retirees urged to add stocks

DARREN SNYDER  |  MONDAY, 25 MAY 2015
A recent Milliman paper suggests there is credence to applying an equities strategy when looking to reduce inflation risk during retirement. Looking purely at the S&P 500 Index, the Milliman paper says dividend yield per share over the last decade has ...