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Showing 901 - 910 of 5174 results for "Yes"

Gonski asks philanthropists to have more heart

DARREN SNYDER  |  THURSDAY, 6 SEP 2018
ANZ chairman David Gonski believes Australian philanthropists must give with more rigour as assets that have taken years to accumulate are too often spent on a whim. Speaking at the Philanthropy Australia National Conference in Melbourne yesterday ...

Trustees caught in a balancing act

KARREN VERGARA  |  THURSDAY, 6 SEP 2018
The financial services Royal Commission exposed substantial breaches of fiduciary duties that show superannuation trustees have to lift their game and improve governance standards, a legal expert says. Holding Redlich partner Paul Faure told the AIST ...

Managed accounts could outstrip super sector on CIPRs

KANIKA SOOD  |  WEDNESDAY, 5 SEP 2018
New retirement income products from the financial advice space could arrive sooner than those from superannuation funds but there is still a long wait for both, according to State Street Global Australia. In its May budget, the Federal Government said ...

ETFs increasingly used to trade risk

HARRISON WORLEY  |  WEDNESDAY, 5 SEP 2018
Institutional investors are increasingly turning to exchange-traded funds in times of volatility, using them as a price discovery tool and to trade risk. Speaking at the Financial Standard Best Practice ETF Forum in Sydney yesterday, BlackRock Investment ...

FSC responds to direct life insurance findings

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
The Financial Services Council said it is "disappointed" ASIC's review into direct insurance has uncovered continuing practices of some life insurers that led to poor consumers outcomes. In response to the report ASIC handed down yesterday, the FSC ...

OneVue and boutique fund manager ink platform deal

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
OneVue is building a private-label platform for a $6 billion boutique investment manager. OneVue said it has broadened its relationship with Allan Gray Australia, working together to build a custom version of OneVue's investment platform. OneVue already ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
The S&P 500 index closed at 2896.74 points at the end of last night's trading activity on Wall Street. Yes, Virginia, it's a new record high! Yippee-kay-yay and hallelujah! This is good for stock markets around the world, including Australia. ...

Australia's weekus horribilis

BENJAMIN ONG  |  MONDAY, 27 AUG 2018
... Prime Minister. And oh, the sixth head of Australia since Julia Gillard started the trend of back-knifing leaders in 2007. Yes, Australia... this is a thing now. The All Ordinaries index ended the week of 20-24 August down 1.1% when most other equity ...

ClearView results up despite adviser earnings drop

HARRISON WORLEY  |  FRIDAY, 24 AUG 2018
Diversified financial services firm ClearView increased underlying net profit after tax (NPAT) in its wealth management and life insurance arms during FY18, however financial advice earnings dropped. Releasing its FY18 results yesterday, ClearView said ...

Charter Hall acquires $1.6bn property fund manager

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
Australian property giant Charter Hall plans to pay $205 million in cash to acquire a fellow ASX-listed property fund manager with $1.6 billion under management. Charter Hall, a group which manages $23 billion, has announced plans to acquire Folkestone ...