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Showing 8171 - 8180 of 21779 results for "Dec"

Neilsons sell 10% of Platinum

KANIKA SOOD  |  WEDNESDAY, 20 MAR 2019
Billionaire fund manager Kerr Neilson and philanthropist Judith Neilson sold $300 million of their stake in Platinum Asset Management, to put money towards philanthropy and personal investments. The Platinum co-founder now has a retaining control over ...

Chief economist update: BOJ decision announced and ignored

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
I wasn't aware of this, but it appears that Donald J. Trump had been letting his fingers do the talking even before he became POTUS. The "Daily Mail" re-printed the tweet he made back on 30 December 2013: ""No one remembers who came in second" - ...

Major US exchange to stop listing bitcoin

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
The US cryptocurrency exchange that released the first bitcoin futures contracts has had a change of heart. Cboe Global Markets will not list any new bitcoin futures for the first time since launching them in 2017. However, it did not rule out the possibility ...

Unions have right to express views: Combet

KANIKA SOOD  |  TUESDAY, 19 MAR 2019
Industry Super Australia chair Greg Combet says the ACTU had the right to express its views and the law ensures that only what is in members' interest get through a superannuation trustee board. Last week, Australian Council of Trade Unions president ...

UK to introduce new pension scheme

KANIKA SOOD  |  TUESDAY, 19 MAR 2019
The UK has green flagged a new type of pension scheme on the back of union demand, joining Denmark and Netherlands which use a similar system. The new collective defined contribution (CDC) will allow employers to pool together group contributions while ...

Industry fund executive takes new role

HARRISON WORLEY  |  TUESDAY, 19 MAR 2019
The chief risk and compliance officer of an industry superannuation fund managing more than $6 billion has made the move to a bigger fund. Vision Super is welcoming Nikki Schimmel to the fold, after the former LUCRF chief risk and compliance officer's ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
The Reserve Bank of Australia (RBA) will release the minutes of its March 5 board meeting - when it decided to keep interest rates unchanged at a record low 1.5% - today. I imagine that the men and women of the RBA board would have discussed the slowing ...

Westpac exits personal advice, restructures leadership

JAMIE WILLIAMSON  |  TUESDAY, 19 MAR 2019
Westpac is realigning its wealth strategy and BT Financial Group will cease as a standalone division. The group has also agreed to sell a number of advisers to Viridian Advisory. BT Financial Group will cease to be a standalone division of Westpac Group. ...

Negative gearing reforms not a panacea: Poll

KARREN VERGARA  |  MONDAY, 18 MAR 2019
Financial Standard 's latest spot poll reveals Labor's proposed changes to negative gearing will not curb the housing affordability crisis. About 56% of readers don't believe Labor's proposed reforms will improve housing affordability. ...

IOOF faces class action

KANIKA SOOD  |  MONDAY, 18 MAR 2019
The lawyer who led $300 million of claims during the Storm Financial crisis is preparing a class action against IOOF. Quinn Emanuel partner Damian Scattini said the firm will next week file a claim in the Supreme Court of New South Wales. The class ...