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Showing 741 - 750 of 3424 results for "SMI"

AMP Capital COO made redundant in restructure

MARK SMITH  |  TUESDAY, 22 MAR 2016
AMP Capital has made a C-suite executive's role redundant as it reshuffles its leadership team to expand internationally. The company has structured its distribution efforts around three regions - Australia and New Zealand, the North-West region (which ...

Republican brands Dodd-Frank "regulatory waterboarding"

MARK SMITH  |  TUESDAY, 22 MAR 2016
A top House Republican has accused the Obama administration of engaging in "regulatory waterboarding" when it comes to monitoring banks. House Financial Services Committee chairman Jeb Hensarling said the Dodd-Frank reforms, which increase the oversight ...

Mercer expands financial advice business

MARK SMITH  |  TUESDAY, 22 MAR 2016
Mercer has grown its financial advice business by setting up a new team in Parramatta. The move, which will be completed on 22 March, enables Mercer to be more accessible to customers in Western Sydney and better service its growing Mercer Super Trust ...

ASX chief announces immediate resignation

ALEX BURKE  |  MONDAY, 21 MAR 2016
ASX chief executive and managing director Elmer Funke Kupper has announced his immediate departure. Funke Kupper, who has been ASX chief executive since October 2011, is currently involved in an Australian Federal Police investigation into allegations ...

Blue Sky and Goldman Sachs partner for student accommodation

MARK SMITH  |  MONDAY, 21 MAR 2016
Blue Sky Alternative Investments' property subsidiary Blue Sky Private Real Estate will form a $1 billion student accommodation joint venture with leading global investment firm Goldman Sachs. The partnership aims to build a portfolio of 5000 to 10,000 ...

Super governance at top of APRA agenda

MARK SMITH  |  MONDAY, 21 MAR 2016
The Australian Prudential Regulation Authority has highlighted three superannuation governance issues it will prioritise in its regulatory agenda for 2016. The first of these issues is what the regulator called "the robustness of strategic and business ...

Retail managed funds rose strongly in 2015

MARK SMITH  |  FRIDAY, 18 MAR 2016
The retail managed fund industry saw marked growth in the 2015 posting 7.5% growth in funds under management, according to figures from Plan For Life. The numbers show retail managed fund assets under management grew to $748.8 billion in what the researcher ...

Charities must go corporate or face extinction: Koda

MARK SMITH  |  FRIDAY, 18 MAR 2016
Australian charities must make corporate-minded changes or risk facing extinction, according to wealth manager Koda Capital. In a new white paper, 'Preparing for the Future - Do or Die for Non-Profit Boards', the company predicts many charities risk ...

ME lifts profit 8pct

MARK SMITH  |  THURSDAY, 17 MAR 2016
Industry super fund-owned bank ME has posted an after-tax underlying net profit of $30.2 million for the six months to 31 December 2015, a rise of 8% on the previous corresponding period. ME chief executive Jamie McPhee said it was a strong result in ...

Industry funds happy SG charge retained

MARK SMITH  |  THURSDAY, 17 MAR 2016
Industry super funds have welcomed the retention of the full Superannuation Guarantee Charge following a debate in Parliament. The SG charge is a penalty paid by employers who fail to make their quarterly SG contributions on time. It was set to be diluted ...