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Showing 6051 - 6060 of 18266 results for "Plan"

BlackRock restructures iShares ETFs

KANIKA SOOD, KARREN VERGARA  |  THURSDAY, 3 MAY 2018
BlackRock will delist five of its 19 US-domiciled iShares exchange-traded funds from the ASX and convert the remainder as Australian-domiciled ETFs. The world's largest asset manager is moving towards a locally-domiciled product range and the 14 ETFs ...

Chief economist update: Fed's on target, BOJ takes out target

BENJAMIN ONG  |  THURSDAY, 3 MAY 2018
The US Federal Reserve's 1-2 May FOMC meeting was both expected and a non-event - it kept the fed funds rate target at 1.5%-1.75% and more or less cut and pasted the FOMC Statement at its 20-21 March meeting. Well, maybe less, for May's statement was ...

NAB to sell MLC

HARRISON WORLEY  |  THURSDAY, 3 MAY 2018
... announced it will begin the sale of its MLC Advice, Platform and Superannuation and Asset Management businesses, as part of its plan to focus on core banking. The bank announced the decision as part of a strategy overview during its half-year results ...

Venerable US manager eyes Australian expansion

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... clients and prospects and we see significant interest in our Global Small Cap and Emerging Market Equity strategies. We also plan to introduce to the region our Emerging Market Debt and Global Fixed Income capabilities in the coming year," Schultz said. ...

IOOF flags ANZ Wealth results ahead of acquisition

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
IOOF alerted shareholders to the updated performance figures for the businesses it is planning to acquire from ANZ. The bank's 1H18 results reveal that cash profits in the wealth division slid by 24% to $44 million. ANZ said this was because of a non-recurring ...

Research expert joins Fidelity

KARREN VERGARA  |  WEDNESDAY, 2 MAY 2018
Fidelity International announced the former head of Australian research at T. Rowe Price will join the $422 billion investment manager. As the new director of research, Sydney-based Viral Patel will be responsible for a team of 10 analysts. He starts ...

Government names AFCA board members

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
Four industry figures, including a prominent Sydney financial planner, have been appointed to the board of the Australian Financial Complaints Authority (AFCA). The new members are Claire Mackay, Andrew Fairley, Erin Turner and Alan Wein. They join ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
Spending by retiree couples falls much faster as retirement progresses than traditionally believed, calling for a change in how retirement products are designed. Research from Milliman shows the median Australian retiree couple's spending at 85 years ...

Vale Terry Mackenroth

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
... Mackenroth was responsible for setting up the Office of Urban Management and overseeing the South East Queensland Regional Plan and the South East Queensland Infrastructure Plan. He was the Queensland's deputy premier from November 2000 to July 2005 ...

Uncertainty abounds future of advice regulation

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
Testimony provided to the Royal Commission by key financial advice associations and the corporate regulator raised concerns as to the organisations' efficacy in identifying and penalising misconduct. In closing the Royal Commission's inquiry into financial ...