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Showing 5001 - 5010 of 9317 results for "Red"

Parliament passes FoFA amendments

ALEX BURKE  |  THURSDAY, 3 MAR 2016
Several key amendments to the Future of Financial Advice reforms have been passed by parliament. The Corporations Amendment (Financial Advice Measures) Bill will extend the time allowed for advisers to provide opt-in renewal notices and fee disclosure ...

Joyce Phillips leaves in ANZ restructure

ALEX BURKE  |  WEDNESDAY, 2 MAR 2016
ANZ has announced it is simplifying its wealth management business, with group executive wealth, marketing and innovation Joyce Phillips departing in the process. The group's full year 2015 results showed the Global Wealth division contributed 8% to ...

Crouching services, contracting manufacturing

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2016
Economic slowdown on a roll. This is the message from the latest disappointing readings from China's official manufacturing and non-manufacturing purchasing managers' indices (PMIs). The manufacturing PMI fell deeper into contraction (below 50) from ...

A "must do" for the ECB

BENJAMIN ONG  |  TUESDAY, 1 MAR 2016
Latest euro area inflation data released by Eurostat has all but ensured that ECB President Mario Draghi will make good on his 21 January promise to "...reconsider our monetary policy stance at our next meeting in early March" aka increase policy stimulus. ...

Tail risk hedging works for industry fund

DARREN SNYDER  |  MONDAY, 29 FEB 2016
Vision Super has reassured local councils the $7.5 billion fund has protected its defined benefit (DB) members from share market downturns thanks to a tail risk hedging strategy. Vision Super chief investment officer Michael Wyrsch said management of ...

Financial services adding more to economy than mining

MARK SMITH  |  FRIDAY, 26 FEB 2016
Financial services contributed more to the economy than any other industry in the 12 months to 30 September 2015, according to a joint Financial Services Council (FSC) and UBS report. Figures in the second annual State of the Industry Report show that ...

OneVue partners with Sentry Group for adviser platform

ALEX BURKE  |  FRIDAY, 26 FEB 2016
OneVue has announced it is partnering with Sentry Group to deliver a new platform for Sentry's advice network. The OneVue platform will be incorporated into Sentry's existing Compass platform suite, which also includes offerings from HUB24, Asgard and ...

Australian Ethical reports solid profit growth

MARK SMITH  |  THURSDAY, 25 FEB 2016
Australian Ethical Investments has seen its net profit after tax rise 172% to $1.5 million for the half year to 31 December. Half year revenue increased 11% to $10.9 million, up from $9.9 million, while net inflows doubled over the previous corresponding ...

Australian wages grow slowest on record but real is better

BENJAMIN ONG  |  THURSDAY, 25 FEB 2016
The Australian Bureau of Statistics' (ABS) latest update on wages may have disappointed expectations but also confirmed what workers have been experiencing all along. The Wage Price Index - total hourly rates of pay excluding bonuses - grew by 2.2% ...

Super not for plugging Budget holes: AIST

MARK SMITH  |  WEDNESDAY, 24 FEB 2016
The focus of superannuation tax reform should be on improving fairness rather than introducing Capital Gains Tax changes that will reduce retirement income for all Australians, The Australian Institute of Superannuation Trustees (AIST) has said. Commenting ...