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Showing 8081 - 8090 of 20556 results for "BEN"

Aussie government bond flaunts confidence

DARREN SNYDER  |  THURSDAY, 13 OCT 2016
Oversubscription to the Australian government's 30-year bond demonstrates both foreign and domestic confidence in the country. Federal Treasurer Scott Morrison said the bond raised $7.6 billion from investors and the historic issue attracted bids totalling ...

Statewide Super partners on digital advice

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2016
Statewide Super is teaming with Decimal to provide digital financial advice to members. The industry fund has signed a three year agreement with the software provider to offer its Eqilize solution to more than 140,000 members as part of an overall expansion ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 13 OCT 2016
Australia consumer sentiment The Westpac-Melbourne Institute index of consumer sentiment improved to 102.4 in October, up by 1.1% from September's 101.4 reading. October's figure is the third straight month of improving sentiment after the index hit ...

Private capital industry growing at record speed

ALEX BURKE  |  WEDNESDAY, 12 OCT 2016
Of the 168 private capital funds active in 2016, 23 were newly-established between January and August - the highest rate on record, according to a new Preqin report. The Preqin Insight: Alternative Assets in Australia report examines Australia's $180 ...

CommInsure continues to be investigated

DARREN SNYDER  |  WEDNESDAY, 12 OCT 2016
ASIC is declining to update its position on potential outcomes of the regulator's CommInsure investigation. ASIC is working closely with APRA during its CommInsure investigation and the former said it has obtained about 60,000 documents for consideration. ...

Perpetual Global Share Fund strengthens defence

MARK SMITH  |  WEDNESDAY, 12 OCT 2016
Perpetual has upped the cash weighting in its Global Share Fund and decreased its exposure to cyclical stocks on concerns the end of the economic cycle is approaching. The fund has increased its cash allocation to 18%, up from a five-and-a-half year ...

ASX responds to CFR regulatory expectations

KERRIE SYDEE  |  WEDNESDAY, 12 OCT 2016
The ASX has updated its Cash Equities Clearing and Settlement Code of Practice to align with new Council of Financial Regulators (CFR) policy statements. In March the Federal Government asked CFR to prepare the policy statements to ensure the right ...

New life code could go further: lawyer

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2016
Prominent legal firm Slater and Gordon believes the Life Insurance Code of Practice is a missed opportunity to fix serious systemic problems in the industry. Several life insurers welcomed the Code issued by the Financial Services Council (FSC) yesterday ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 12 OCT 2016
Australia business confidence The latest NAB monthly business survey's business confidence index came in at +6 in September, unchanged from August and is consistent with its +6 long-term average. The business conditions index rose to +8 in September ...

Dunsford explains backpedal at EGM

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2016
Mark Dunsford has explained his decision to withdraw the motion to change the Association of Financial Advisers' (AFA) Constitution at the recent extraordinary general meeting (EGM). The director of Dunsford Financial Planning and leader of the Life ...