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Showing 7151 - 7160 of 14214 results for "Interest"

Capital Group elects new chair

MARK SMITH  |  WEDNESDAY, 29 JUL 2015
Capital Group has elected its new chair following the passing of Jim Rothenberg. Current chair of the company's management committee, Tim Armour, was selected by the investment manager's board of directors. Armour, who is also chair of the group's capital ...

NZ looks to Trowbridge for life reforms

ALEX BURKE  |  TUESDAY, 28 JUL 2015
... adviser for the project. Consulting actuaries Melville Jessup Weaver (MJW) have been selected to investigate conflicts of interest in life and income protection insurance advice and make subsequent recommendations. According to New Zealand's FSC chief ...

Class supports nabtrade data feed

STAFF WRITER  |  TUESDAY, 28 JUL 2015
... trustees and investors realise the benefits of diversification from a risk and volatility perspective, there is increasing interest and demand for foreign investments," Class chief executive Kevin Bungard said.

Gen Y can drive SMSF growth

DARREN SNYDER  |  TUESDAY, 28 JUL 2015
... executive Andrea Slattery sees a growth opportunity for financial advisers by delivering holistic services to increasing SMSF interest among Generation Y clients. Research commissioned by the SMSF Association and nabtrade shows more than 60% of Gen Y ...

Market to open lower

AAP  |  TUESDAY, 28 JUL 2015
... Markets meanwhile awaited this week's monetary policy meeting of the US Federal Reserve for a handle on its plans for interest rates. London's benchmark FTSE 100 index of major companies slid 1.13 per cent on Monday to close at 6,505.13 points. In the ...

SIV opens door to China for fund managers

MARK SMITH  |  MONDAY, 27 JUL 2015
... commentators have predicted that the new regime will be too risky for the predominantly Chinese investors who have so far shown interest in the scheme. However, Moelis & Company's asset management managing director, Andrew Martin, doesn't believe the ...

Minimum $200k SMSF balance "completely incorrect"

LAURA MILLAN  |  MONDAY, 27 JUL 2015
A superannuation lawyer has slammed the recommendation by the Australian Securities and Investments Commission (ASIC) that self-managed super funds (SMSFs) should hold a minimum balance of $200,000. Townsends Law special counsel on superannuation Michael ...

Aligned execs join Fortnum in advice arm restructure

LAURA MILLAN  |  MONDAY, 27 JUL 2015
Fortnum Financial Group has restructured its financial planning business and appointed four executives from IOOF-owned Shadforth Financial Group, Commonwealth Bank and AMP-owned Genesys and Charter Financial Planning. As part of the restructure, Fortnum ...

Independent dealers in M&A mode

ALEX BURKE  |  MONDAY, 27 JUL 2015
... independent businesses can't serve their respective customers well." "Businesses are quite able to act in their clients' best interest and price for profit." The latest edition of Financial Standard is out now. Download it for your device here.

RBNZ tries to turn the turn in NZ economy

BENJAMIN ONG  |  MONDAY, 27 JUL 2015
... week's trade the NZ$ was buying 9.1% less A$ (A$0.9036). What gives? What gave it the Reserve Bank of New Zealand's two interest rate reductions in two consecutive policy meetings - 25 bps reductions each - on 11 June and 23 July that took the official ...