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Showing 971 - 980 of 4663 results for "DOL"

Elon Musk steps down as Tesla chair

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
SMSF stock darling Tesla Inc. is set to see a board revamp after Elon Musk settled a tweet-led securities fraud charge with the US corporate regulator. Last week, the Securities and Exchange Commission charged Musk with securities fraud over his August ...

FSU, FSC respond to interim report

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
The Finance Sector Union has welcomed the release of Commissioner Hayne's interim report, labeling it an important first step in reforming the financial services industry. FSU national secretary Julia Angrisano said the union agrees wholeheartedly ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
There were some moments so far in 2018 when it perked up against the US dollar but the path of least resistance has been a decline for the New Zealand dollar. The NZ dollar has dropped by 6.8% versus the greenback (to US$0.6628) this year to date and ...

ASIC slams unacceptable reporting breaches

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
Major institutions take about five years to identify significant breaches while remediating some customers takes even longer, an ASIC review of breach reporting obligations found. In Report 594 released overnight, the big the institutions took 4.5 years ...

OPEC is not to blame

BENJAMIN ONG  |  TUESDAY, 25 SEP 2018
Saudi Arabia and Russia weren't pleased with US President Trump when they announced no immediate increase in oil production following the OPEC and non-OPEC nations meeting in Algiers on September 23. The decision sent oil prices soaring - Brent ...

Contrarian manager enters super sector

DARREN SNYDER  |  MONDAY, 17 SEP 2018
Operating and investing in Australia for more than a decade, a contrarian asset manager is introducing superannuation and retirement investment solutions to the local market. White-labelling the OneVue wholesale platform, Allan Gray Australia is offering ...

Chief economist update: China shares inclusion in MSCI is a blessing and a curse

BENJAMIN ONG  |  MONDAY, 17 SEP 2018
Three months and a few days ago, the inclusion of China's A-shares into MSCI indexes got investors all excited. 1 June 2018 marked the day when Morgan Stanley Capital Index (MSCI) included Chinese A-shares into its benchmark MSCI Emerging Markets ...

Freedom sold life insurance to intellectually disabled man: Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 12 SEP 2018
Freedom Insurance sold life insurance to an intellectually disabled man, and only cancelled the policy after several instances of correspondence with his family, the Royal Commission heard yesterday. Giving testimony at the second day of life insurance ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
Another month, another strong US labour market report. The time before US President Donald Trump would have had consumers, businesses and investors everywhere dancing in the streets and singing hallelujah. This is due to the rationale that the US economy's ...

Advisers warming up to LICs

KANIKA SOOD  |  THURSDAY, 6 SEP 2018
Adviser participation in the IPOs of listed investment companies has jumped by nearly 30% since July last year, according to a leading IPO specialist. SeedPartnerships director Chris Clayton says until last year about 80% of LIC floats were taken up ...