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Showing 5411 - 5420 of 14214 results for "Interest"

MGP responds to Henderson's RC hearing

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... during Henderson's appearance at the Commission on Tuesday saw an admission by Henderson that for some time he held an interest in Managed Account Holdings (MGP), the managed discretionary account provider through which Maxwell Henderson runs its custom ...

RBA names new chief information officer

ALEX BURKE  |  FRIDAY, 27 APR 2018
... follows the RBA deciding to leave the cash rate at 1.5%. Explaining this, RBA Governor Philip Lowe said: "The low level of interest rates is continuing to support the Australian economy. Further progress in reducing unemployment and having inflation ...

Dover roasted for 'Orwellian' protection policy

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
The Royal Commission scrutinised Dover Financial Advisers' former client protection policy, demonstrating its essential purpose to be to exonerate the licensee of any liability in the event of misconduct by authorised representatives. Counsel Assisting ...

Funds SA fills two senior investment roles

KANIKA SOOD  |  FRIDAY, 27 APR 2018
A $30 billion public sector fund manager has made two appointments in senior investment roles. Matthew Kempton joined Funds SA in February as director, equities. He left his role as chief investment officer at ESSSuper, where he worked from 2013 until ...

Royal Commission invite refused by Dover

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Dover Financial Advisers was revealed as the only large scale financial advice licensee to decline the Royal Commission's request for assistance in identifying instances of misconduct. Appearing before the Commission yesterday, Dover owner Terry McMaster ...

Chief economist update: Prudence, patience and persistence

BENJAMIN ONG  |  FRIDAY, 27 APR 2018
... Council meeting produced unchanged monetary policy settings yet again, marking the 26th month of inaction. The eurozone's interest rates haven't changed - repo rate at 0.0%; deposit facility at -0.40% and marginal lending facility at 0.25% - since the ...

Royal Commission grills professional associations

KARREN VERGARA  |  THURSDAY, 26 APR 2018
... Henderson emailed De Gori expressing his own frustrations over the sluggishness of the process, stating it would be in the interest of all FPA members to be informed about the "internal workings" of the process and what it means to be a member of the ...

Fidelity to launch active ETFs

ALEX BURKE  |  THURSDAY, 26 APR 2018
... Devoy said that while there's no timeframe yet as to when the ETFs will launch, "active ETFs are absolutely in the client interest." "They completely remove friction. Think about the Amazon experience: I just had a book delivered to Chifley Pharmacy. ...

ClearView terminates agreement after takeover bid expires

ALEX BURKE  |  THURSDAY, 26 APR 2018
After the 18-month window for a Japanese life insurer's takeover bid expired, ClearView terminated the co-operation agreement between the two parties. In October 2016, Sony Life agreed with Crescent Capital Partners to acquire a 14.9% stake in Clearview ...

High profile adviser under fire

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
... self-managed superannuation fund (SMSF) managed by Henderson Maxwell, despite her consistently saying that she had no interest in doing so. However, the foundation piece of Henderson's Statement of Advice to McKenna was the establishment of an SMSF ...