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Showing 541 - 550 of 2113 results for "This Week"

Assistant Treasurer refutes breach allegations

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
... Day about media reports which claimed Robert remained a director of alternative health company Cryo Australia until this week, despite informing the Parliament he had quit the board upon returning to the ministry. When asked whether ASIC would make any ...

Asset management business models need a rethink: panel

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
... business models have the power to disrupt financial services. Appearing on a panel at the SIBOS conference in Sydney this week, State Street head of sector solutions and consultant relations Sinclair Scholfield said there is a lot of complacency in asset ...

The rise of challenger banks in Australia: SIBOS

MICHELLE BALTAZAR  |  THURSDAY, 25 OCT 2018
... and xinja mount plans to disrupt the banking oligopoly in Australia. Speaking at the SIBOS Conference held in Sydney this week, senior heads at the three challenger banks spoke about how changing customer needs, fintech and - for the local market - the ...

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
... whereby employers think they can escape penalty. Testimony from the ATO at the Senate Estimates committee for economics this week included the regulator saying it routinely waives all employer penalties for the late payment of super under Part 7 of the ...

Magellan boosts retail push for Airlie

KANIKA SOOD  |  THURSDAY, 25 OCT 2018
... to early next year," Magellan Financial Group's new chief executive Brett Cairns told an investor roadshow in Sydney this week. Magellan acquired Airlie Funds Management in February when the boutique managed about $6 billion in Aussie equities for institutional ...

Investors unfazed by market volatility: Spot poll

KARREN VERGARA  |  MONDAY, 22 OCT 2018
... return for Australian direct real estate was 11.7%, evenly split between capital growth and income return," he said. This week we ask what you think about the moves made by numerous fund managers and pension funds to divest tobacco-related assets.

Revised penalties come down hard on white collar crime

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
The Federal Government will this week introduce legislation into parliament to increase the penalties for white collar crimes. In a media release on Sunday, Treasurer Josh Frydenberg said criminal penalties were set to double in some cases, while civil ...

NAB still unclear on true impact of misconduct

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
... adviser services fee and plan service fees despite not providing any services. The bill was to be about $42 million. This week, it topped up its provisions by $314 million, flagging there could be potential for more. In the Royal Commission interim report ...

Chief economist update: China on the down low

BENJAMIN ONG  |  WEDNESDAY, 17 OCT 2018
... 14.5% for large institutions and 12.5 percent for smaller banks - the PBOC announced earlier this month took effect this week and is expected to inject a CNY750 into the financial system. This followed reductions in the RRR in January, April and June ...

Former AustralianSuper risk boss joins AMP super boards

HARRISON WORLEY  |  TUESDAY, 16 OCT 2018
... experience would ensure the wealth manager's super funds were governed in the best interests of members. Separately, AMP this week lost a mandate to manage the Anglican National Super plan to Mercer. AMP has managed the fund since 2004; however the 14 ...