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Showing 9021 - 9030 of 19600 results for "RIS"

NAB responds to ASIC market manipulation allegations

ALEX BURKE  |  WEDNESDAY, 8 JUN 2016
NAB has responded to ASIC commencing legal proceedings for the bank's alleged "unconscionable conduct and market manipulation." ASIC's concerns relate to the setting of the bank bill swap reference rate (BBSW) from 2010 to 2012; the regulator previously ...

ASIC warns SMSF accountants to have backup plan

KERRIE SYDEE  |  WEDNESDAY, 8 JUN 2016
ASIC has warned SMSF accountants to prepare for a contingency if their limited Australian financial services (AFS) licences are not regulator approved by 30 June. Accountants who lodged their applications after 1 March 2016 face a "significant risk" ...

Concerns about EM unwarranted: William Blair

DARREN SNYDER  |  WEDNESDAY, 8 JUN 2016
Global investment and asset manager William Blair believes there are several undue concerns from investors about emerging markets and they should be cautious about underweighting the asset class. In a recent self-authored white paper, William Blair ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
RBA holds The Reserve Bank of Australia (RBA) kept domestic monetary policy settings steady at its 7 June Board meeting, announcing no change in the official cash rate which the central bank cut to a record low 1.75% at its 3 May meeting. "Taking account ...

Group insurers at mercy of a handful of super funds

MARK SMITH  |  TUESDAY, 7 JUN 2016
The role of superannuation funds as a distribution mechanism for life and income protection insurance continues to grow in the Australian market, according to new analysis by Rainmaker, which says the dominance of a few funds as gatekeepers could leave ...

Lack of ownership costing Australians in retirement

KERRIE SYDEE  |  TUESDAY, 7 JUN 2016

BetaShares launches model portfolio service for advisers

MARK SMITH  |  MONDAY, 6 JUN 2016
BetaShares has launched an asset allocation and ETF model portfolio service for its financial adviser clients. The service comprises a modular set of solutions. The first module is a strategic asset allocation (SAA) based on forward-looking expected ...

Future Fund gains two board members

DARREN SNYDER  |  MONDAY, 6 JUN 2016
Federal Finance Minister Mathias Cormann recently announced two appointments to the Future Fund Board of Guardians. Joining the Future Fund Board of Guardians for a five-year term are Erin Flaherty and Michael Wachtel. Their term began on 3 April 2016 ...

ASIC ban upheld, investment banker jailed

KERRIE SYDEE  |  MONDAY, 6 JUN 2016
The Administrative Appeals Tribunal (AAT) has upheld ASIC's decision to ban a financial adviser from providing financial services for five years. Former Meritum Financial Group adviser, Alfie Chong, was initially banned by ASIC for a range of misconduct ...

Investors face 'radical uncertainty': PIMCO

KERRIE SYDEE  |  FRIDAY, 3 JUN 2016
Investors must be prepared to face "radical uncertainty" about the future course of global economies, policies and markets and be aware that "stability is not sustainability", according to PIMCO's latest secular outlook. The report, The Global Outlook ...