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Showing 5881 - 5890 of 10774 results for "May 19"

Don't rule out another rate cut: AllianceBernstein

MARK SMITH  |  WEDNESDAY, 26 NOV 2014
The Reserve Bank is increasingly likely to defy consensus and cut the official cash rate in 2015, according to global asset manager AllianceBernstein. Consensus expectations of a 2015 rate rise are based on the assumption that a downturn in resources ...

Industry bodies must avoid duplicating work: ASFA

JAMES FERNYHOUGH  |  MONDAY, 24 NOV 2014
Superannuation industry bodies must be on their guard against duplicating the same work and consider merging if duplication is taking place, according to Association of Superannuation Funds of Australian (ASFA) chief executive Pauline Vamos. "I think ...

Folkestone to increase holding in REIT

LAURA MILLAN  |  MONDAY, 24 NOV 2014
Folkestone Limited has announced a $42 million equity raising to increase its holding in the Folkestone Education Trust, Australia's largest real estate investment trust. "Folkestone is well positioned for its next stage of growth and this $42 million ...

Adviser jailed for two years over $1.5M fraud

LAURA MILLAN  |  MONDAY, 24 NOV 2014
A former Perth-based financial adviser has been jailed for two years for stealing almost $1.5 million worth of shares. Michael King was made eligible for parole, but the Australian Securities and Investments Commission (ASIC) commissioner John Price ...

Original FoFA laws take immediate effect

JAMES FERNYHOUGH  |  THURSDAY, 20 NOV 2014
Financial advisers must fully comply with Labor's original Future of Financial Advice (FoFA) laws from today, after the Senate voted to disallow the government's amendments last night. The reversion to the original legislation took effect as soon as ...

Cormann to keep up the FoFA fight

ALICE URIBE  |  THURSDAY, 20 NOV 2014
The government will continue with its quest to push through amendments to the Future of Financial Advice (FoFA) reforms despite last night's crushing defeat in the Senate. Finance Minister Mathias Cormann told ABC Radio this morning that the government ...

Geared BetaShares ETF upgraded by Lonsec

MARK SMITH  |  THURSDAY, 20 NOV 2014
Exchange traded fund (ETF) provider BetaShares has seen its Geared Australian Equity Fund (hedge fund) upgraded to a 'Recommended' rating by Lonsec. Trading under the ASX code GEAR, the fund provides investors with a simple way to gain cost-effective ...

Market wrap

AAP  |  WEDNESDAY, 19 NOV 2014
The Australian share market is trading lower, pulled back by the big miners and major banks. Investors largely ignored gains on markets in the United States and Europe overnight, and instead fretted over lower iron ore prices. "It was concerning for ...

Van Eyk collapse brings down AWI chairman

LAURA MILLAN  |  TUESDAY, 18 NOV 2014
The chairman of Australasian Wealth Investments (AWI) has resigned in the wake of the collapse of van Eyk Research, with a replacement to be voted on at AWI's annual general meeting (AGM) in November. According to AWI, the board has asked iPac Securities ...

AFA appoints Inspire chair

LAURA MILLAN  |  TUESDAY, 18 NOV 2014
The Association of Financial Advisers (AFA) has appointed a new chair to its Inspire initiative, replacing Deborah Kent, who is now the association's president. Prominent Financial Services director Christine Swanson will lead AFA Inspire, with a mandate ...