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Showing 631 - 640 of 2162 results for "Extra"

Chief economist update: It's the money, stupid

BENJAMIN ONG  |  TUESDAY, 29 OCT 2019
Extra, extra, read all about it! The S&P 500 index closed at a new all-time high overnight underpinned by bullish headlines that include: positive US-China trade talks; near-certainty of another Fed rate cut at its October FOMC meeting and the latest ...

Labor supports FASEA extension, confusion remains

ELIZABETH MCARTHUR  |  MONDAY, 28 OCT 2019
... advisory industry some certainty and take some pressure off of many advisers struggling to run businesses and do all the extra study," Pinnell said.

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... best interests of members. IOOF is also required to appoint an independent expert to report on the implementation of the extra conditions. ASIC is serious about improving the quality of governance and conflicts management across the funds management ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... fallout from the Royal Commission. ANZ saw remediation costs breaking $1 billion, while National Australia Bank added an extra $1.18 billion bringing its total remediation bill over $2 billion. Commonwealth Bank said it has compensated customers over ...

Australia climbs up Mercer global pension index

HARRISON WORLEY  |  MONDAY, 21 OCT 2019
... retirement savings, so does their comfort with amassing debt," he said. "The evidence suggests on a global basis, for every extra dollar a person has in pension assets, their net household debt rises by just under 50 cents."

Hong Kong hedge funds suffering: Report

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
As protests continue in Hong Kong, hedge funds based in the region have seen the first negative net outflows recorded by the industry in a decade. Small to medium-sized funds, overseeing up to US$500 million in assets, have "bore the brunt" of investor ...

How much Future Fund spends in fees

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
Australia's sovereign wealth fund returned a stellar 11.5% in the year to June, but how much did it spend on fees? In its annual report published this week, the Future Fund reported it had a "direct ratio cost" of 0.203% and "look-through costs" ...

NAB hit with extra billion in remediation

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
National Australia Bank announced an additional $1.18 billion in remediation expenses, mostly relating to financial advice. Combined with previously announced remediation costs, NAB is now facing a total remediation bill of $2.09 billion. The unforeseen ...

NAB builds banking team, cuts fees

ELIZA BAVIN  |  TUESDAY, 1 OCT 2019
... as part of a fee clean-up program. NAB plans remove legal fees for business lending customers, repeat statement fees and extra fees applied on top of the conversion rate for foreign currency issuing. NAB chief customer officer Rachel Slade said the move ...

AustralianSuper appoints new chair

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2019
The $170 billion superannuation fund has appointed its new chair, succeeding Heather Ridout. The board of AustralianSuper has appointed Don Russell as independent chair of the fund. He will replace Heather Ridout who has held the role since 2013 and ...