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Showing 801 - 810 of 3144 results for "Peter"

Future Fund delivers 9.3%, increases risk moderately

KANIKA SOOD  |  WEDNESDAY, 29 AUG 2018
... which it says looks positive. Its 10-year return of 8.7% is higher than the benchmark target of 6.6%. Future Fund chair Peter Costello said during the year "we slightly increased the level of risk in the Future Fund, balancing its perspective on the ...

Reverse mortgage lenders shortsighted: ASIC

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... prices and interest rates, they may not have enough equity remaining in the home for longer-term needs. ASIC deputy chair Peter Kell said the review shows lenders and brokers need to make inquiries that would lead to a genuine conversation with customers ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... lend against these trail books," he said. The Association of Independently Owned Financial Professionals executive director Peter Johnston is urging advisers who have decided to leave the industry over LIF, grandfathered revenue and/or FASEA to rethink ...

Macquarie boards add new CEO and Westpac veteran

KANIKA SOOD  |  TUESDAY, 28 AUG 2018
... appointments will take MQG's board to 11 members (MBL board has 12). Nine of these are independent non-executive directors. Peter Warne has chaired Macquarie's board since April 2016.

Scott Morrison becomes Prime Minister, markets react

KANIKA SOOD  |  FRIDAY, 24 AUG 2018
Scott Morrison will be Australia's next Prime Minister, after he beat Peter Dutton 45-40 in a Liberal Party leadership ballot. The ASX 200 jumped on the news, after trending downwards since Monday. It hit its highest at 1.05pm, when it was up 0.33% ...

BetaShares wins insto allocation

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... Australia 200 ETF (ASX:A200) from about $40 million to about $154 million. BetaShares distribution co-heads Vinnie Wadhera and Peter Harper had been working on the investment since A200's launch on May 7. It invests in the ASX's 200 largest companies. ...

AIOFP slams FASEA proposals, launches petition

KARREN VERGARA  |  MONDAY, 20 AUG 2018
... defies common sense and strongly suggests a hidden agenda," the AIOFP said. Separately, AIOFP chair and Linchpin director Peter Daly stepped down from the AIOFP board in response to recent controversy. On August 9, ASIC announced it obtained an order ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... was about stopping the conduct and we stopped the conduct." But enforceable undertakings are effective, ASIC's counsel Peter Collinson QC tried to establish at the end of Mullaly's hearing. Westpac's case was identified in December 2016. ...

Royal Commission on social media: Regulators under scrutiny

HARRISON WORLEY  |  FRIDAY, 17 AUG 2018
... Royal Commission. Firmly of the belief that the horse racing industry is better regulated (by the length of the straight). - Peter Morgan (@psimpsonmorgan) August 17, 2018 Private investor Peter Morgan quipped the horse racing industry was better regulated ...

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... option. One financial adviser was banned in the process, the Royal Commission heard. CFS general manager of distribution Peter Chun followed colleague Linda Elkins' testimony yesterday. Senior counsel assisting Michael Hodge continued to flesh out ...