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Showing 9841 - 9850 of 29084 results for "PRI"

The $500k price tag on bad super choices

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
Sticking to a bad super fund could leave the average Australian worker more than $500,000 poorer over their lifetime, latest research from SelectingSuper found. The research considered an average employee's salary, fees and contributions over 45 ...

Treasury initiates review post RC

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
Federal Treasurer Josh Frydenberg has announced an immediate review into how financial counselling services are funded and co-ordinated. Financial counselling services are provided by the Department of Social Services with a commitment that totals $64 ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
"Growth rates for many of the euro area economies have been marked up, especially for Germany, Italy, and the Netherlands, reflecting the stronger momentum in domestic demand and higher external demand. Growth in Spain, which has been well above potential ...

NAB calls trading halt

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
NAB shares have been placed in a trading halt pending the announcement of leadership changes, the bank announced to the ASX this afternoon. NAB said it wants the trading halt to remain until it makes the announcement. It would lift either at the commencement ...

AFCA appoints new ombudsman

DARREN SNYDER  |  THURSDAY, 7 FEB 2019
The Australian Financial Complaints Authority will soon welcome its newest ombudsman, an appointment that will be dedicated to resolving disputes for small businesses including financial services firms. Joining AFCA from February 12 is Geoff Browne. ...

Equity investors will struggle in 2019: Baur

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
Global share markets will continue to struggle this year as stocks will likely plunge in the same vein as last December, Principal Global Investors' Bob Baur said. The chief global economist advised the audience at this morning's Financial Standard ...

Freedom Insurance suspends trading

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
Freedom Insurance Group has requested the ASX to suspend its shares indefinitely. Freedom first requested a trading halt on February 5 based on a "pending announcement providing a material update on the financial position of Freedom and its subsidiaries." ...

CBA posts $4.6b in profits, dividend flat

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
Commonwealth Bank's profits fell more than 6% to $4.6 billion in the first-half of FY19 and the bank kept its interim dividend at $2 per share. The $4.6 billion NPAT includes discontinued operations: CommInsure Life, CFSGAM and Sovereign. The cash ...

APRA could oversee stalled super fund mergers

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
The financial services Royal Commission has suggested APRA's proposed new powers could be used to address stalled super fund mergers. The Parliament is currently waiting to pass a number of changes to the Superannuation Industry (Supervision) Act (SIS ...

ipac Securities investment leader retires

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
AMP Capital has confirmed the retirement of ipac Securities' chief investment officer and co-founder of the long-running Income Generator strategy. After 12 years with ipac Securities, Jeff Rogers retired at the end of January. He joined the firm in ...