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Showing 561 - 570 of 1374 results for "SCOT"

Failed industry fund merger laid bare at Royal Commission

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
Energy Super backed down on its plan to merge with the now $14 billion Equipsuper, who wanted no union-nominated board seats for the merged fund, even though the merger would have delivered significant financial benefit to Energy Super's members, the ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
The corporate regulator will be gifted enhanced enforcement powers via funding from the Federal Government, a sizeable chunk of which will be used to embed staff within the big four banks and AMP. The Federal Government announced it is injecting a further ...

ESG bond portfolio opens to Aussie investors

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
A Scottish manager is offering a new ESG fixed income fund to institutional investors in Australia, beginning with $135 million in assets under management. The Cameron Hume Global Fixed Income ESG Fund will hold securities from issuers that the specialist ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial advice industry is bracing itself for more proposed changes to approved product lists (APLs), remuneration and terminology following the Productivity Commission's inquiry into the state of competition in Australia's financial system. ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
Forget John Maynard Keynes. Forget David Ricardo. A new economic sheriff is in town and his name is Donald J. Trump. POTUS has gone against Keynes' counter-cyclical prescription by increasing fiscal spending - tax cuts and increased expenditure ...

Macrovue appoints ANZ Wealth executive

KANIKA SOOD  |  FRIDAY, 20 JUL 2018
The AMP-backed investment fintech has appointed a chief marketing officer from ANZ Wealth, and is expected to make more hires in its sales and marketing teams over the next sixth months. Macrovue's new chief marketing officer is Scott Spencer. He ...

New lead for Productivity Commission

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
The Federal Government appointed a new chair of the Productivity Commission. Michael Brennan will commence as chair from September 11, replacing Peter Harris in the role. He has been appointed for a five-year period. Brennan is the deputy secretary ...

Balanced portfolios better than chasing winners: Research

HARRISON WORLEY  |  FRIDAY, 6 JUL 2018
A global investment manager believes asset classes move positions too quickly for investors wishing to jump on the coattails of a short-term winner. Latest research from Russell Investments finds Australian investors with long-term investment goals ...

Aviva Investors appoints Asia institutional sales head

KANIKA SOOD  |  THURSDAY, 5 JUL 2018
Aviva Investors, the $654 billion asset management arm of the global Aviva group, has tapped in a former Macquarie and Mercer senior executive to lead its Asian institutional sales. Tom Clapham is now Aviva Investors' head of institutional sales ...

Default life insurance reforms ineffective: Research

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
The Federal Government's proposal to ban default life insurance in superannuation for younger members and those with low balances would supress retirement savings and cost the economy $2.46 billion annually, latest research from AIA Australia shows. ...