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| | | The Financial Services Council is calling for ASIC and APRA to face consequences for failing to cooperate with one another. In a submission to Treasury on exposure draft legislation for the Financial Regulator Reform (No.2) bill, the FSC said it generally ... |
| | | | Philip Kingston's Sargon has been forced into external administration by one if its Chinese creditors. In a statement to Financial Standard, Sargon said one of its creditors, Chinese state-owned insurance company Taiping Trustees has appointed McGrathNicol ... |
| | | | ... 25/50 Index, which enjoyed a good runup last year, rising about 33%. The ETF's 10-year returns stood at 9.96% p.a. It was one of the funds whose domicile BlackRock restructured from the US to Australia in 2018. Exposure to Taiwan stocks remains available ... |
| | | | ... minister for housing Richard Wynne applauded the super fund's effort to address housing issues for service workers. "No one likes a long commute to and from work and I can only imagine that it's even harder for our hospital staff and other care workers ... |
| | | | ... businesses which was announced earlier this month. The changes will see the removal of five of its seven existing funds and one of its trustees. AMP is currently defending a class action brought by Maurice Blackburn that alleges two million superannuation ... |
| | | | ... LICs are gaining popularity (both 4%, up from 3% in 2018)," he said. "Users of managed investments do not limit themselves to one single managed product, typically holding at least two. "However, cannibalisation between managed investments is limited ... |
| | | | ... revealed 248 people donated to the ARC Fund and some of those donations were as small as $20. Two individuals donated $10,000. One of the individuals who donated $10,000 was Lifespan Financial Planning executive chair John Ardino. The other is not on ... |
| | | | ... private business and family advisory division. Pitcher Partners thanked Verco for his service in the managing principal role. "One of the firm's most notable achievements under Tom's leadership was joining the Pitcher Partners network in 2006, having ... |
| | | | ... spending and by extension, the general economy. Makes me wonder if, apart from boosting the share and property markets, another one or two more RBA rate cuts could turn the vicious cycle into a virtuous one? In fact, the last RBA rate cut in October ... |
| | | | ... America Merrill Lynch bond trader Charles Jamieson. It currently runs two strategies: its original Australian sovereign debt one and the relatively recent addition of a global bond strategy. The firm added over $3 billion to its total assets last year. ... |
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