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Showing 791 - 800 of 4270 results for "Yesterday"

Cryptocurrencies on radar but not priority: RBA

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... enough to raise policy concerns for the Reserve Bank of Australia (RBA), an official from the central bank said in Sydney yesterday. The Reserve Bank has closely followed developments in the crypto sphere for about five years. It works with other central ...

Best-in-show list addresses insurance gaps

KARREN VERGARA  |  FRIDAY, 22 JUN 2018
... particularly when it comes to life insurance, according to Cbus. The industry super fund told the Productivity Commission yesterday that while it supports a merit-based default system representative of a "high bar," considering the needs of workers that ...

Global manager hires former Wallaby, launches unit trust

DARREN SNYDER  |  FRIDAY, 22 JUN 2018
... The $3.7bn industry fund was advised by Willis Towers Watson for the mandate. Speaking to Financial Standard in Sydney yesterday, River and Mercantile chief executive of asset management James Barham said the firm has run segregated institutional mandates ...

BTFG adviser distribution team reshuffles

DARREN SNYDER  |  THURSDAY, 21 JUN 2018
... be closer to their respective businesses, giving each business end to end control and oversight over distribution." Yesterday BTFG announced it would cut grandfathered advice commissions from October 2018. The group's advice division will still honour ...

Fidante eyes actively managed ETFs

KANIKA SOOD  |  THURSDAY, 14 JUN 2018
... quickly." Challenger worked on the ActiveX idea for about a year before making an announcement at an investor forum yesterday. The Fidante Partners team that worked on the ETF series includes people who have helped launch ETFs and LICs in the past, Saines ...

Government opens consultation for amended CCIV regime

ALEX BURKE  |  THURSDAY, 14 JUN 2018
... country's existing managed investment scheme (MIS) trust-based structure. The amendments released for consultation yesterday include a revised draft of the new chapter in the Corporations Act concerning the operation of CCIVs; changes to meetings ...

ASIC issues warning over Dover advisers

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUN 2018
... authorisation would be cancelled on 6 July 2018 - a period for action made shorter by a long weekend across most of Australia. Yesterday Association of Financial Advisers chief executive Phil Kewin admonished the month-long transition period afforded ...

Technical Services Forum looks at tax and aged care

KANIKA SOOD  |  FRIDAY, 8 JUN 2018
... of finance professionals tackled tricky case studies at the Challenger Financial Standard Technical Forum in Sydney yesterday afternoon. Technical services professionals from IOOF and BT Financial Group presented case studies based on two topics: distributing ...

Japan needs trade peace with the US

BENJAMIN ONG  |  FRIDAY, 8 JUN 2018
... total exports. China accounts for 18%. This would further energise the renewed strength in Tokyo's stockmarket. As at yesterday's closing of 22,823.26 points, the Nikkei-225 index has already climbed by 10.7% from this year's low of 20,617.86 points ...

SMSFs missing out on returns

KANIKA SOOD  |  WEDNESDAY, 6 JUN 2018
... tax, while the average default MySuper product hit 7.8%, according to SuperGuard360 SMSF performance indices released yesterday. The SMSF sector's lax performance stems from its reluctance to put their money in growth assets, according to SuperGuard360. ...