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Showing 5151 - 5160 of 8182 results for "Institutional"

Drummond resignation prompts NAB leadership changes

MARK SMITH  |  MONDAY, 22 FEB 2016
... reputation as one of Australia's leading banking executives, in executive roles including group executive Westpac institutional bank and chief financial officer. NAB chairman Dr Ken Henry said: "My fellow directors and I are delighted Mr Chronican, one ...

Funds under management to hit $8tr by 2035: research

MICHELLE BALTAZAR  |  FRIDAY, 19 FEB 2016
... players to get a bigger slice of the market, with product providers chasing investors who want low-fee funds or institutional-grade portfolio solutions at commodity prices. But the lion's share will go towards the fund managers who can successfully walk ...

Renewed calls to remove super from political cycle

MARK SMITH  |  FRIDAY, 19 FEB 2016
Superannuation policy decisions must be taken out of the Budget and election cycles to prevent a drop in confidence in the system. That was the shared view of a panel of policy experts at the SMSF Association National Conference in Adelaide that included ...

Financial services to be a greater part of "economic narrative"

ALEX BURKE  |  FRIDAY, 19 FEB 2016
Shadow Minister for Financial Services and Superannuation Jim Chalmers said greater policy emphasis needs to be placed on financial services' role in the Australian economy. Speaking at the Value Alliance Annual Reception in Sydney, Chalmers referred ...

Productivity Commission should focus on Choice underperformance: AIST

ALEX BURKE  |  FRIDAY, 19 FEB 2016
Australian Institute of Superannuation Trustees chief executive Tom Garcia has said that the Productivity Commission Review of superannuation should focus on the underperformance of funds in the Choice sector. Specifically, Garcia recommended that the ...

Global market slide hits NZ Super Fund

ALEX BURKE  |  FRIDAY, 19 FEB 2016
The New Zealand Super Fund has released its performance report for January 2016, revealing a negative 3.57% return. The $28 billion sovereign wealth fund attributed this return to its weighting to growth assets - in particular its 65% allocation to ...

Treasurer hints at super concession adjustments

MARK SMITH  |  FRIDAY, 19 FEB 2016
Treasurer Scott Morrison has given the clearest indication yet that tax incentives in superannuation will be adjusted when it announces the result of its tax and spending review shortly, especially for very high earners. Speaking to an audience of industry ...

Regulators coordinating efforts to protect super

MARK SMITH  |  THURSDAY, 18 FEB 2016
Australia's financial services regulators have committed to coordinating their efforts to ensure that professionals working in the country's self-managed superannuation sector are acting as they should do. In a panel session at the SMSF Association ...

Labor eyes super for start-up boost

MARK SMITH  |  THURSDAY, 18 FEB 2016
The Federal Opposition thinks more should be done to boost investment in Australia's start-ups. Addressing an audience of industry professionals at the SMSF Association National Conference in Adelaide, Shadow Minister for Financial Services and Superannuation ...

AMP Capital records solid profit growth

MARK SMITH  |  THURSDAY, 18 FEB 2016
AMP Capital has delivered a full-year after tax profit of $138 million, an increase of 20% on 2014. Despite soft equity markets in the second half of 2015, AMP Capital's operating earnings benefited from strong fee income growth of 14%, assisted by ...