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Showing 5301 - 5310 of 19420 results for "One"

Regulators should face consequences for non-compliance: FSC

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
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 ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
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 ...

BlackRock shuts ASX-listed ETF

KANIKA SOOD  |  THURSDAY, 30 JAN 2020
... 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 ...

First State Super acquires rental properties

ALLY SELBY  |  THURSDAY, 30 JAN 2020
... 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 ...

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... 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 ...

Bearish sentiment bites Aussie investors

ALLY SELBY  |  THURSDAY, 30 JAN 2020
... 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 ...

Last stand for grandfathered commissions falls over

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
... 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 ...

Wealth manager promotes from within

ALLY SELBY  |  THURSDAY, 30 JAN 2020
... 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 ...

Chief economist update: Turn the beat around

BENJAMIN ONG  |  THURSDAY, 30 JAN 2020
... 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 ...

Melbourne boutique adds to team

KANIKA SOOD  |  WEDNESDAY, 29 JAN 2020
... 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. ...