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Showing 5211 - 5220 of 9317 results for "Red"

Industry gears for new settlement regime

MARK SMITH  |  TUESDAY, 25 AUG 2015
Custodians are on track reduce settlement times from three days to two days in time for the official regime change in March 2016. Firms are gearing up to start testing their readiness for the new T+2 Settlement regime in October. "Reducing settlement ...

EQT joins Calastone network

ALEX BURKE  |  MONDAY, 24 AUG 2015
Equity Trustees (EQT) has joined Calastone's automated funds transaction network. As a result, EQT can reduce the administration burden associated with trade notifications and fund transactions. "Previously, our processes to trade with platform operators ...

Frydenberg relaxed about SMSF borrowing

DARREN SNYDER  |  MONDAY, 24 AUG 2015
Assistant Treasurer Josh Frydenberg has sent a clear signal that SMSF borrowing arrangements are unlikely to come under fire in upcoming tax reviews. In a speech to the Tax Institute, the Assistant Treasurer spoke widely about the parliament's tax and ...

MySuper impacts AMP investment revenue

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
A greater share of assets entering lower-fee MySuper products is affecting AMP's investment related revenue. The group's investment related revenue for the first half of 2015 was 113 bps, a 4.2% reduction from the prior corresponding period. AMP said ...

Below benchmark performance hurts Platinum

LAURA MILLAN  |  FRIDAY, 21 AUG 2015
Platinum Asset Management reported an increase in net profit after tax of 12.4%, but results for the financial year were impacted by below-benchmark performance. Net profit after tax for the year to 30 June 2015 was $213.5 million, compared to $189.9 ...

Should the Fed re-launch QE?

BENJAMIN ONG  |  FRIDAY, 21 AUG 2015
Ask not when the Fed would start raising interest rates but whether the Fed should re-launch QE. Let's take a trip back to 29 July, Virginia - the day the Fed released its policy statement at the conclusion of its 28-29 July FOMC meeting - it was sliced ...

Super governance changes questioned

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
... of not-for-profit funds. Whiteley described the government's changes as cosmetic. "The government is imposing an estimated red tape bill of $178 million on not-for-profit super funds which will be borne by members. At the same time, no action is being ...

Mercer launches super data analytics tool

MARK SMITH  |  TUESDAY, 18 AUG 2015
Mercer has launched a new data-driven analytics tool to help super funds better understand their members amid intense competition for funds under management. The company says the new analytics, marketing and strategy platform - to be known as Mercer ...

Senate inquiry into gender retirement income gap launched

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
Issues around Australia's gender retirement income gap are expected to be reviewed by March next year after the Senate was instructed to conduct an inquiry yesterday. A cross-party motion by Senators Jenny McAllister (Labor), Sean Edwards (Liberal) ...

Empire State bombs out

BENJAMIN ONG  |  TUESDAY, 18 AUG 2015
Whoa! If this is an indication of things to come, then you can forget a lift-off in September, or in December... perhaps, forget all about it for all of next year. Yes Virginia, I refer to the drop in the Empire State Manufacturing Index. And girl ...