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Showing 9721 - 9730 of 21783 results for "Dec"

Treasurer backs APRA's CBA probe

KARREN VERGARA  |  THURSDAY, 31 AUG 2017
An interim report into APRA's inquiry into the Commonwealth Bank could be available in six months' time with appropriate action being taken, Treasurer Scott Morrison told this morning's Bloomberg Address. Morrison said he supported and is pleased with ...

Australian Ethical sees 34pct member surge

ALEX BURKE  |  THURSDAY, 31 AUG 2017
Australian Ethical enjoyed a 34% boost in superannuation members in the 2017 financial year, pushing group funds under management to $2.15 billion. Reporting a 3% decrease in net profit to $2.9 million, the super fund and investment manager said headline ...

Countplus searches for new CFO

KARREN VERGARA  |  THURSDAY, 31 AUG 2017
Countplus' chief financial officer has resigned during a period of transformation and lower reported earnings at the financial services firm. John Collier will depart in November after two years with the firm. Countplus' board said it will commence ...

HHV reports $22m loss after rough year

ALEX BURKE  |  WEDNESDAY, 30 AUG 2017
The recently-restructured Hunter Hall Global Value listed investment company reported a net loss of $22 million for the 2017 financial year, but chair David Groves says its new investment strategy has no relevance to past performance. After tax, net ...

Hollywood star supports FCA complaints campaign

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2017
The UK's Financial Conduct Authority (FCA) has enlisted the help of a Hollywood superstar to alert consumers affected by the decade-long payment protection insurance (PPI) scandal to make a formal complaint as soon as possible. A campaign featuring ...

Pinnacle highlights increased retail presence

ALEX BURKE  |  TUESDAY, 29 AUG 2017
In the group's annual report, Pinnacle Investment Management managing director Ian Macoun noted significant growth in funds under management from retail investors. In the 12 months to June 30, Pinnacle boosted its overall FUM by 34% to $26.5 billion. ...

Iceberg MDAs driving managed account FUM

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2017
The amount of money pouring into managed discretionary accounts has seen the total funds under management in managed accounts rise 22.5% in just six months. According to the FUM Census from the Institute of Managed Account Professionals, as at 30 June ...

APRA launches inquiry into CBA

EMMA RAPAPORT  |  MONDAY, 28 AUG 2017
The Australian Prudential Regulation Authority will establish an independent inquiry into the Commonwealth Bank, following a series of scandals which have called the integrity of Australia's largest bank into question. The inquiry, conducted by an APRA-appointed ...

Former super fund chief executive takes overseas role

EMMA RAPAPORT  |  MONDAY, 28 AUG 2017
A former chief executive of an industry superannuation fund has taken up leadership of Nambawan Super Limited, corporate trustee of the Public Officers Superannuation Fund based in Papua New Guinea. Paul Sayer, chief executive officer at TWUSUPER during ...

Digital advice embraced by all ages: Decimal

DARREN SNYDER  |  FRIDAY, 25 AUG 2017
Superannuation fund member engagement via Decimal's digital financial advice software increased 37% in the past year, latest quarterly statistics show. Decimal's digital insights report for the June quarter shows 2366 members in its superannuation client ...