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Showing 5221 - 5230 of 8592 results for "SIM"

Future Fund appoints head of ESG risk management

MARK SMITH  |  TUESDAY, 27 MAY 2014
The Future Fund has appointed a new head of environmental, social and governance risk management. Joel Posters will relocate from The Netherlands to take up the role and is expected to start in August 2014. Until recently Posters was global head of ...

Help is on its way

BENJAMIN ONG  |  TUESDAY, 27 MAY 2014
If three weeks (almost) ago European Central Bank (ECB) president Mario Draghi still gave himself a bit of wiggle room not to act (or defer action) - "after having seen the Staff projections that will come out in early June" - he did none of that when ...

Banks support the "original" FoFA intent: ABA

LAURA MILLAN  |  MONDAY, 26 MAY 2014
The Australian Bankers' Association (ABA) said that the industry supports the original Future of Financial Advice (FoFA) legislation, which focused largely on consumer protection. The ABA came out shortly after Industry Super Australia (ISA) accused ...

Raise preservation age with some exceptions: FSC

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
The Financial Services Council (FSC) is pushing for an increase in the preservation age to 65, but with early access measures for those who are unable to work to that age. The FSC said that, with the Age Pension eligibility age set to rise to 70 by ...

Market Wrap AM

AAP  |  MONDAY, 26 MAY 2014
The Australian share market is expected to open slightly higher this week on the back of gains in global markets. AMP chief economist Shane Oliver is tipping a lift of five to 10 points at the local open. The S&P 500 finished the week above 1,900 for ...

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
The Financial Services Council (FSC) said that asking for a ban of commissions on general advice is "hypocritical" when intra fund advice itself is "non-transparent." FSC policy and global markets director Andrew Bragg and senior policy manager Cecilia ...

Global healing?

BENJAMIN ONG  |  FRIDAY, 23 MAY 2014
Yes, no, maybe... I don't know. It's another happy day for the stock markets, hoisted up by the news du jour of positive indications from the latest PMI survey readings. Yes. The Markit Economics index of US manufacturing rose to a flash reading of ...

Bennelong CEO Jarrod Brown steps down

ALICE URIBE  |  THURSDAY, 22 MAY 2014
The chief executive of Bennelong Funds Management (BFM) Jarrod Brown is to step down from the business effective tomorrow. In statement the fund manager said that the search for a replacement chief executive was "well advanced." In the interim, BFM ...

FoFA changes to cost consumers millions

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
Consumers could be $530 million a year worse off as a result of the proposed amendments to the Future of Financial Advice (FoFA) reforms, a report has found. The report, carried out by Rice Warner and commissioned by Industry Super Australia (ISA) ...

Platforms pushed by utility as well as technology

ALEX DUNNIN  |  WEDNESDAY, 21 MAY 2014
While rapid advances in technology is putting platforms under pressure to keep evolving, platform operators believe they need to not just add functionality but features that actually improve investor's connectivity and usefulness. Speaking at the "Riding ...