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Showing 9551 - 9560 of 15807 results for "TER"

Westpac to open branch in Shanghai

JAMES FERNYHOUGH  |  TUESDAY, 8 APR 2014
Westpac has received approval to set-up a sub-branch in the Shanghai Free Trade Zone (FTZ), becoming one of the first foreign banks to take advantage of the pilot program. The FTZ spans 28.78 square kilometres, and grants financial institutions exemptions ...

Front-runners

BENJAMIN ONG  |  MONDAY, 7 APR 2014
In big picture terms, not much happened last week. Yes Virginia, the Reserve Bank of Australia (RBA) kept policy unchanged - as expected. The European Central Bank (ECB) guided forward but also stayed on the sidelines. US non-farm payrolls added another ...

ISA attacks financial 'short-termism'

JAMES FERNYHOUGH  |  FRIDAY, 4 APR 2014
A tendency to take a short-term approach to investment is leading to a "destruction of fundamental value" and declining levels of investment to GDP outside the mining sector, according to Industry Super Australia (ISA). In its submission to the Financial ...

Legg Mason hires sales director from JPM

MARK SMITH  |  FRIDAY, 4 APR 2014
Legg Mason has appointed former JP Morgan executive Colin Taylor as director of sales. Based in Melbourne, Taylor will promote Legg Mason's products and affiliate fund managers under Legg Mason's hybrid distribution structure that encompasses both institutional ...

FPA calls for clear separation of general and personal advice

LAURA MILLAN  |  FRIDAY, 4 APR 2014
The Financial Planning Association (FPA) asked the Financial System Inquiry (FSI) to review the definitions of general and personal advice over concerns that the terms make it difficult for consumers to distinguish personal advice from product sales. ...

William Blair opens three funds to Australian investors

MARK SMITH  |  FRIDAY, 4 APR 2014
US fund manager William Blair has launched its first unit trusts to Australian institutional and wholesale investors. The Global Leaders Equity Fund, Emerging Markets Leaders Equity Fund and Dynamic Diversified Allocation Fund were selected from William ...

The art of fighting without fighting

BENJAMIN ONG  |  FRIDAY, 4 APR 2014
Only 2 economists out of the 57 in Bloomberg's survey and just 2 - perhaps the same 2 - out of 72 economist polled by Reuters got it wrong. Think it's safe to say that these two economists (or four, in case they aren't the same two) expected the European ...

Market Wrap AM

AAP  |  FRIDAY, 4 APR 2014
The Australian market looks set to open flat with Wall Street little changed as investors digest a series of economic data ahead of Friday's big US jobs report for March. At 0805 AEDT on Friday, the June share price index futures contract was down six ...

Government will go ahead with FoFA changes: Ciobo

JAMES FERNYHOUGH  |  THURSDAY, 3 APR 2014
The government has reaffirmed its commitment to follow through with its amendments to the Future of Financial Advice (FoFA) reforms, despite putting the changes on hold last week. Speaking at an event hosted by the Financial Services Council, Parliamentary ...

Life insurers need more 'wise old heads': APRA

JAMES FERNYHOUGH  |  THURSDAY, 3 APR 2014
The life insurance industry needs more 'wise old heads' to provide an historical perspective and avoid falling into the same traps, according to Ian Laughlin, deputy chair of the Australian Prudential Regulation Authority (APRA). Laughlin said that ...