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Showing 8471 - 8480 of 19598 results for "RIS"

Wholesale funds see strong inflows

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
Australian wholesale funds grew $36.2 billion over the September quarter, while retail managed funds market grew $24.9 billion. According to the latest statistics from Strategic Insights, more than 90% of the growth in wholesale funds occurred over ...

Medium risk for terrorism funding in financial advice

ALEX BURKE  |  THURSDAY, 22 DEC 2016
A Federal Government agency says there is a medium level of risk for money laundering and terrorism financing in the Australian financial planning industry. The Australian Transaction Reports and Analysis Centre (AUSTRAC), the government's financial ...

Two of the big four in ASIC spotlight

ALEX BURKE  |  THURSDAY, 22 DEC 2016
ASIC accepted enforceable undertakings from National Australia Bank and Commonwealth Bank of Australia following an investigation by the corporate regulator. The undertakings relate to the banks' wholesale spot foreign exchange businesses. ASIC determined ...

Top 10 investment stories in 2016

STAFF WRITER  |  THURSDAY, 22 DEC 2016
1. AustralianSuper merges investment options In January AustralianSuper closed three investment options and replaced them with two as part of a streamlining process aiming to keep costs low and refocus the fund's investment efforts. The industry super ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 22 DEC 2016
Australia leading indicator The Westpac-Melbourne Institute leading index of economic activity was unchanged in November following increases of 0.1% in September and October. The latest result slowed the six-month annualised growth rate in the index ...

US pension fund extends tobacco divestment

DARREN SNYDER  |  WEDNESDAY, 21 DEC 2016
The largest defined-benefit public pension fund in the US will divest from tobacco-related securities across its externally managed portfolios. The move by CalPERS comes on top of its decision in 2000 to divest tobacco from internally managed public ...

Fintech grows through adviser platform

DARREN SNYDER  |  WEDNESDAY, 21 DEC 2016
More than a year on from its founding residence at fintech hub Stone & Chalk, thematic trading platform Macrovue accomplished several milestones in 2016. Earlier this month Macrovue teamed with fellow Stone & Chalk resident and model portfolio management ...

Charter Hall director resigns

ALEX BURKE  |  WEDNESDAY, 21 DEC 2016
A Charter Hall non-executive director resigned shortly after chief financial officer Paul Altschwager's departure. Peter Kahan joined the Charter Hall board in 2009 and became a member of the group's remuneration and human resources committee, the nominations ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 21 DEC 2016
US composite PMI Markit Economics' flash US composite PMI fell to a reading of 53.7 in December - the lowest in three months - from November's final reading of 54.9 as stronger expansion in manufacturing (to 54.2 in December from 54.1) was more than ...

Top 10 financial planning stories in 2016

STAFF WRITER  |  TUESDAY, 20 DEC 2016
1. No bachelor's degree for existing advisers In April the Federal Government announced existing advisers will not be required to complete a bachelor's degree and will be given a longer time frame to meet new education standards. Government Minister ...