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Showing 6361 - 6370 of 14214 results for "Interest"

ASIC confirms systemic failures in advice

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
... continue. Based on estimates provided by licensees to ASIC, compensation may increase to approximately $154 million, plus interest, to over 175,000 further customers. This would bring the total compensation for related failures to more than $178 million ...

CPI says RBA no go on Melbourne Cup Day

BENJAMIN ONG  |  THURSDAY, 27 OCT 2016
... for the tide has turned after the CPI report. Financial markets are now pricing in an 4% chance that the RBA would cut interest rates minutes before the horses come out of the starting gate on Melbourne Cup Day, down from 33% before the inflation numbers ...

Clydesdale in talks to acquire RBS subsidiary

ALEX BURKE  |  WEDNESDAY, 26 OCT 2016
CYBG, the holding company formed following the NAB demerger, is in talks to acquire a business from the Royal Bank of Scotland. The Williams & Glyn business refers to parts of RBS and National Westminster Bank, comprising 307 branches, which must be ...

Centrepoint partners to enhance underwriting processes

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2016
... said. "The new service supports advisers in their role of providing properly underwritten insurance in their clients' interest, while making the whole process more timely and efficient for both parties." The offering is available exclusively to Centrepoint's ...

Socially responsible XTBs hit ASX

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2016
... improving investor access to corporate bonds via the ASX. "The two green XTBs have been launched in response to growing interest among investor groups and professional managers looking for ways to make a positive contribution to the environment," Murphy ...

Succession planning placed on the backburner

KERRIE SYDEE  |  TUESDAY, 25 OCT 2016
Financial planning and accounting businesses are all too regularly ignoring the need for quality exit and succession plans, according to chief executive of Connect Financial Service Brokers, Paul Tynan. Tynan has observed a growing number of practitioners ...

ETF market capitalisation continues to grow

KERRIE SYDEE  |  TUESDAY, 25 OCT 2016
... Dugald Higgins, said: "New ETF strategies have also become available over the past year such as multi-factor, global fixed interest, listed infrastructure and Australian mid-cap equities to name a few. This increasing product set is making global portfolio ...

SSGA expands responsible investment strategy

JAMIE WILLIAMSON  |  MONDAY, 24 OCT 2016
... equities fund which excludes investment in tobacco and selected armaments. Aimed at institutional investors with increasing interest in ESG investment, the State Street International Equities Index Trust Ex Tobacco Ex Controversial Weapons Fund intends ...

ASIC collaborates with Kenya on innovation

JAMIE WILLIAMSON  |  MONDAY, 24 OCT 2016
ASIC has signed a co-operation agreement with the Capital Markets Authority of Kenya (CMA) to promote innovation in financial services. The agreement was signed at last week's International Organisation of Securities Commissions board meeting in Hong ...

Watermark makes two key hires

KERRIE SYDEE  |  MONDAY, 24 OCT 2016
... share market volatility continues; we are experiencing a growing demand for absolute return products. In a sustained low interest rate environment, investors are looking for alternatives to traditional long only funds," Braitling added. Watermark currently ...