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02 May 2014 • By • 1 min read

ATO confirms dividend washing ban

The Australian Taxation Office (ATO) has issued a public ruling confirming its anti-avoidance legislation applies to dividend washing arrangements

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CBA chief information officer resigns

The Commonwealth Bank will look to make an internal replacement following the resignation of its chief information officer. CBA chief executive Ian ...

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FSC rejects super ‘cross-sell’ claims

The Financial Services Council (FSC) has hit back at claims by Industry Super Australia (ISA) that bank-owned super funds can incentivise employers to ...

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Target M&A 'facilitators': Credit Suisse

Australian investors should consider tilting their portfolios towards companies that benefit from increasing merger and acquisition activity, says ...

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Gonski steps into ANZ chairmanship

Veteran businessman David Gonski has begun his tenure as chairman of ANZ Bank. The appointment coincides with the retirement of former chairman ...

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Barclays defends bonus culture

Concerns by some of Barclays' largest shareholders about ever-increasing bonuses have been played down by the bank, which insists it must pay more to ...

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Satisfaction with advice hits seven-year high

Satisfaction with financial advice climbed to its highest level since 2007, according to a Lifeplan survey. The survey is conducted by Lifeplan and ...

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UBS backs US equities for growth

Investors should decrease their allocation to high-grade government bonds and increase their weighting to international equities, according to UBS ...

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BTIM records $83.1m half-year profit

BT Investment Management (BTIM) has generated a cash net profit after tax of $83.1 million for the half year ending 31 March 2014, a 143 per cent rise ...

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BNP Paribas IP appoints institutional business CEO

BNP Paribas Investment Partners has appointed David Kiddie as the chief executive of BNP IP’s institutional business. Mr Kiddie will take over the ...

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