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Showing 791 - 800 of 1613 results for "Prudent"

Turnbull backs financial start-ups

DARREN SNYDER  |  THURSDAY, 8 OCT 2015
Prime Minister Malcolm Turnbull has advocated more support to Australia's start-up businesses, including fintechs, in line with the federal government's commitment to "an innovative Australia." Helping launch IPO and placements app OnMarket yesterday ...

Fed will lift later this year if...

BENJAMIN ONG  |  FRIDAY, 25 SEP 2015
... leverage and other forms of inappropriate risk-taking that might undermine financial stability. For these reasons, the more prudent strategy is to begin tightening in a timely fashion and at a gradual pace, adjusting policy as needed in light of incoming ...

Club Plus Super appoints three senior execs

MARK SMITH  |  TUESDAY, 22 SEP 2015
Industry superannuation fund Club Plus Super has made three appointments to its management team. Nici Andronicus joins as head of strategic relationships, Gemma Dooley joins as head of investments and Lindy Hunt joins as head of legal, audit, risk and ...

Retail funds cheer super board governance bill

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
Retail superannuation funds have welcomed the introduction in Parliament of the bill that seeks to mandate the presence of independent directors in boards. "With over $2 trillion currently sitting in the superannuation pool, good governance has never ...

Regulators put super funds on notice

DARREN SNYDER  |  TUESDAY, 8 SEP 2015
The Australian Securities and Investments Commission (ASIC) has flagged new developments in post-retirement as an area it will be monitoring closely. Speaking at the Australian Institute of Superannuation Trustees (AIST) investment conference recently ...

REST appoints exec from SSFS

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
REST has appointed a chief risk officer who was previously a risk manager at State Super Financial Services (SSFS). Phil Budge joined REST in June 2015 and is responsible for the fund's risk management framework. At the same time, he provides independent ...

APRA trustee reforms, definition of independence yet to be finalised

ALEX DUNNIN  |  TUESDAY, 1 SEP 2015
APRA has released a discussion paper detailing the government's proposals for more independent trustees on super fund boards while conceding the definition of independence is yet to be finalised. The proposed changes to trustee operations have divided ...

Shaw lands wave of Macquarie advisers

ALEX BURKE  |  THURSDAY, 27 AUG 2015
Shaw and Partners, formerly Shaw Stockbroking, has expanded its new financial advice team with five new appointments, including three ex-Macquarie advisers. Since restructuring as a holistic wealth management business and recruiting Macquarie Private ...

Four pillars policy is killing innovation: research

LAURA MILLAN  |  TUESDAY, 25 AUG 2015
Australia's four pillars policy has had its time and it needs to go because it is hindering innovation and leading to poor consumer outcomes, the Centre for International Finance and Regulation (CIFR) found. The research report 'Competition in financial ...

MySuper impacts AMP investment revenue

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
A greater share of assets entering lower-fee MySuper products is affecting AMP's investment related revenue. The group's investment related revenue for the first half of 2015 was 113 bps, a 4.2% reduction from the prior corresponding period. AMP said ...