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Showing 5001 - 5010 of 10553 results for "BEI"

Innovate to beat innovation

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JAN 2017
As technological change rapidly accelerates, asset managers are being warned to adapt before they get left behind. Global research firm Cerulli Associates says managers cannot ignore the growing trend of robo-advice and emergence of blockchain technology. ...

Guest of honour

ALEX BURKE  |  TUESDAY, 3 JAN 2017
The Commonwealth Bank asked Barry Lambert to stay on as chair of Count Financial for two years following the bank's acquisition - he asked them for two years and two months. Confused, the bank asked him why. He told them, "If I stay on until January ...

MYOB appoints new director

ALEX BURKE  |  TUESDAY, 3 JAN 2017
An independent non-executive director joined MYOB's board on January 1. Fiona Pak-Poy is currently a member of Innovation and Science Australia's Biomedical Translation Fund Committee as well as a director at SIRCA and iSentia. She has previously held ...

FSC speaks out against elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
The Financial Services Council affirmed its support of the Australian Law Reform Commission's proposed amendments to help combat elder abuse. The FSC commended the commission's development of a national plan to address elder abuse, particularly a reform ...

Global investors missed turning point

DARREN SNYDER  |  TUESDAY, 3 JAN 2017
An Australian fund manager says the Global Financial Crisis clouded a crucial economic turning point that is beyond the powers of politicians, banks and geographies. Insync Funds Management chief investment officer, Monik Kotecha says in 2011 the world ...

ANZ selling stake in Chinese bank

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
Continuing its strategy to focus on institutional banking operations in Asia, ANZ has agreed to sell its 20% stake in Shanghai Rural Commercial Bank. ANZ is selling its stake to China COSCO Shipping Corporation and Shanghai Sino-Poland Enterprise Management ...

Self-doubting Aussies falling short

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
Just one in four Australians has a financial plan, indicating a lack of confidence in dealing with money and investments. This is a key finding of the latest MLC Wealth Sentiment Survey released last week. It also shows that 50% of Australians believe ...

ASIC takes Westpac to court

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
A battle over the definition of personal and general financial advice will play out in the Federal Court following ASIC's decision to bring civil proceedings against Westpac subsidiaries. The corporate regulator is alleging Westpac Securities Administration ...

Two of the big four in ASIC spotlight

ALEX BURKE  |  THURSDAY, 22 DEC 2016
ASIC accepted enforceable undertakings from National Australia Bank and Commonwealth Bank of Australia following an investigation by the corporate regulator. The undertakings relate to the banks' wholesale spot foreign exchange businesses. ASIC determined ...

Strong SMSFs bridging gender super gap

JAMIE WILLIAMSON  |  THURSDAY, 22 DEC 2016
The average SMSF balance of females has grown 24%, demonstrating that women are becoming increasingly engaged with their superannuation. The annual self-managed superannuation funds (SMSFs) statistical overview released by the ATO shows that over the ...