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Showing 8231 - 8240 of 20558 results for "BEN"

LICG successful in triggering AFA EGM

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2016
The Association of Financial Advisers (AFA) has confirmed it has received the minimum number of member submissions required under the Corporations Act to propose an amendment to its constitution via an extraordinary general meeting (EGM). Spearheaded ...

Rubik continues strong growth trend

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2016
Rubik has achieved its fourth consecutive year of double digit growth, according to the fintech's annual results. The company reported an 11.4% surge in overall revenue, totaling $43.3 million, with recurring revenues accounting for 73%. Rubik's wealth ...

Capital not enough to prevent failures

KERRIE SYDEE  |  WEDNESDAY, 31 AUG 2016
A lone reliance on capital is an "unwise strategy", according to APRA chair Wayne Byres who said the industry must accept and prepare for failures in the banking industry. Speaking at the Actuaries Institute Banking Conference Byres noted that while ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 31 AUG 2016
Australia dwelling approvals The Australian Bureau of Statistics' (ABS) latest tally on building approvals show total new dwellings approved jumped by a sharp 11.3% in the month of July, more than offsetting the declines registered in June (-4.7%) and ...

Sequoia launches two specialist retail products

ALEX BURKE  |  TUESDAY, 30 AUG 2016
Sequoia Financial Group has launched two new structured products for retail investors. The first, Sequoia Accelerated Return Units - Series 1 gives exposure to Tesla Motors, the US electric car and energy storage company; the second, Sequoia Launch ...

Bridges advice head resigns

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2016
The chief executive of IOOF-owned Bridges has resigned and the former head of Western Pacific Financial Planning has been appointed to the role in the interim. Nick Langton joined Bridges in 2014 from Perpetual where he was general manager of Perpetual's ...

Digital advice an economic problem

DARREN SNYDER  |  TUESDAY, 30 AUG 2016
An industry consultant believes superannuation funds banking on superior technology solutions or digital advice programs to deliver a competitive advantage should rethink their strategy. Adviser Network chief executive Duncan McPherson said super funds ...

Shaw and Partners restructures management

ALEX BURKE  |  TUESDAY, 30 AUG 2016
Shaw and Partners has reorganised its management structure, appointing two co-chief executives. Under the new arrangement, managing director Allan Zion will be appointed co-chief executive alongside current head of private wealth Earl Evans, who was ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 30 AUG 2016
Australia HIA new home sales Fresh data released by the Housing Industry Association (HIA) on sales of new homes has triggered concerns that Australia's housing boom is coming to an end. New home sales dropped by 9.7% -- the fastest since May 2006 - ...

MySuper insurance widely misunderstood

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2016
A lack of understanding around aspects of insurance within MySuper could lead to big problems down the track, according to a panel discussion at the recent Workplace Super Specialists Australia (WSSA) annual conference. During a panel session entitled ...