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Showing 6191 - 6200 of 11514 results for "DIV"

Narev apologetic in face of CommInsure allegations

MARK SMITH  |  MONDAY, 7 MAR 2016
Commonwealth Bank chief executive Ian Narev has issued a statement of apology in the face of fresh allegations of unethical conduct within the financial services giant, this time within its insurance arm. A joint Four Corners and Fairfax investigation ...

Retirement income goal would solve super's issues: CSRI

DARREN SNYDER  |  MONDAY, 7 MAR 2016
An agreed income goal for Australia's retirement system would solve issues around superannuation's taxes and default schemes, as well as its cost and efficiency. This is the view in a new discussion paper by the Committee for Sustainable Retirement ...

Tax incentives for early stage investors too narrow: KPMG

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
KPMG believes Treasury's policy consultation on tax incentives for early stage investors is unnecessarily restricted and argues unit trusts should also be eligible for the incentives. The firm's submission also raises concerns that investment into innovation ...

Mercer issues super fund imperatives

DARREN SNYDER  |  THURSDAY, 3 MAR 2016
A superannuation industry consultant believes that in 2016, fund investment strategies will need to have a stronger focus on individual members with tailored asset allocations based on demographics. As part of a wide-ranging paper that addresses Mercer's ...

ANZ Wealth alternatives head departs

ALEX BURKE  |  THURSDAY, 3 MAR 2016
The head of alternative investments at ANZ Wealth will leave the company tomorrow. Simon Ford has managed ANZ Wealth's real estate, hedge funds, private equity, infrastructure, credit, commodities and insurance investments for six years, having joined ...

Joyce Phillips leaves in ANZ restructure

ALEX BURKE  |  WEDNESDAY, 2 MAR 2016
ANZ has announced it is simplifying its wealth management business, with group executive wealth, marketing and innovation Joyce Phillips departing in the process. The group's full year 2015 results showed the Global Wealth division contributed 8% to ...

Women on boards tracking well: AMP Capital

DARREN SNYDER  |  WEDNESDAY, 2 MAR 2016
AMP Capital is satisfied the cultural shift to increase gender diversity on Australian listed company boards is heading in the right direction but says the challenge is not complete. Releasing its latest corporate governance report AMP Capital said ...

Rising age pension costs unfair on young people: CIS

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2016
The cost of the age pension is growing so rapidly that it risks breaking Australia's intergenerational social contract, warns a new report. The report, 'The myths of the intergenerational bargain' by the Centre for Independent Studies (CIS), says that ...

US resistance to DOL fiduciary rule gathers pace

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2016
Momentum is building against the US Department of Labor's (DOL) proposed fiduciary rule for retirement advisers with House Speaker Paul Ryan now joining the critics. The DOL has been working on expanding the fiduciary obligation since the GFC when millions ...

BetaShares eyes expansion with new hires

MARK SMITH  |  WEDNESDAY, 2 MAR 2016
ETF provider BetaShares has added to its sales and operations teams with two new hires. Michael Tat has been appointed as operations analyst - investment operations. He joins the company from Platinum Asset Management and has also had roles with Perpetual ...