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Showing 6791 - 6800 of 15794 results for "TER"

Spring FG acquires $200m dealer group

ALEX BURKE  |  MONDAY, 18 DEC 2017
Listed wealth firm Spring Financial Group has acquired a dealer group with a combined $200 million in funds under advice. Under the terms of the acquisition, Spring FG will pay a total consideration of $1.67 million to acquire all issued capital of ...

Super life code released

KARREN VERGARA  |  MONDAY, 18 DEC 2017
The Insurance in Superannuation Working Group is urging superannuation trustees to sign up to its voluntary life insurance code of practice, which will come into effect 1 July 2018. To eschew account balance erosion, super trustees under the code will ...

Expecting the expected

BENJAMIN ONG  |  MONDAY, 18 DEC 2017
Markets hate uncertainty and surprises. We all know this and this truism was in full display this year and more recently, Wall Street's climb to fresh record highs over the weekend following the Fed's expected and well-telegraphed 25 basis point rate ...

CBA hit with fresh AML breaches by AUSTRAC

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
The hits keep coming for CBA with fresh allegations of money laundering and counter-terrorism financing levelled by the regulator. In amended statement of claim released yesterday, AUSTRAC filed a further 100 alleged breaches of anti-money laundering ...

Financial Standard names Investment Leadership Award winners

KARREN VERGARA  |  FRIDAY, 15 DEC 2017
Financial Standard is proud to announce the winners of its first Investment Leadership Awards in recognition of investment managers' strategies that have persistently delivered outstanding investment solutions and outcomes. The Investment Leadership ...

CBA admits to anti-money laundering breaches, AUSTRAC flags new allegations

KARREN VERGARA  |  THURSDAY, 14 DEC 2017
CBA admitted systems glitches have led to it breaching anti-money laundering and counter-terrorism laws on more than 53,000 occasions, and flagged it is bracing itself for new allegations to be handed down by AUSTRAC. In filings submitted in response ...

Lowy hands over keys to the Westfield kingdom

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
Australian retail magnate and pre-eminent philanthropic figure Sir Frank Lowy is selling the Westfield retail empire he co-founded to a Parisian commercial property company. Under the terms of the agreement, Unibail-Rodamco will acquire Westfield for ...

APRA unveils proposed RSE reform package

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2017
APRA has announced a raft of proposed changes that will ensure registrable superannuation entities are ultimately delivering the best outcomes for members. The regulator said it is ramping up its scrutiny of the performance and efficiency of RSE's business ...

AMP flags departures in distribution restructure

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2017
AMP has restructured its sales team to align with its wealth management and insurance businesses. The move will create specialist roles which will better align the broker and adviser bank sales teams, an AMP spokesperson told Financial Standard. Of ...

SQM suspends Macquarie fund rating following investment team reshuffle

ALEX BURKE  |  TUESDAY, 12 DEC 2017
Following material changes to the investment strategy and team behind Macquarie's award-winning Australian Small Companies Fund, its rating has been changed to "hold" by SQM Research. SQM had originally downgraded the rating of the fund from 4.00 to ...