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Showing 10061 - 10070 of 28277 results for "NOT"

Lenders must recognise millennial wealth strategies

DARREN SNYDER  |  TUESDAY, 27 NOV 2018
... invest in shares, ETFs and managed funds. "Margin lending investors predominantly see borrowings as a long-term investing tool, not for short-term gains," Carver said. This is also reflected in their level of gearing, with an average margin loan LVR ...

Should banks fund customer litigation?

HARRISON WORLEY  |  TUESDAY, 27 NOV 2018
... the subject of whether NAB should have negotiated with ASIC over the remediation of customers, Henry said NAB's board did not find it acceptable. "I think our habit - and it is a habit - of going to ASIC and seeking to negotiate an outcome with ASIC ...

Labor franking credit changes fair but not the best: Grattan

KANIKA SOOD  |  MONDAY, 26 NOV 2018
... the pensioner guarantee but has members who qualify for a Centrelink pension sometime on or after 28 March 2018, will still not be eligible for a refund of excess franking credits," he said. "This is despite this same member presumably being entitled ...

Dexus partners with sovereign wealth fund

KANIKA SOOD  |  MONDAY, 26 NOV 2018
... long-term performance," it said in company filings this morning. The ASX-listed real estate group says the transaction will not have any material impact on full-year results and dividends, assuming that no further acquisitions are made.

Productivity Commission pushes for superannuation scale benefits

KARREN VERGARA  |  MONDAY, 26 NOV 2018
... members. In its final supplementary paper, the Productivity Commission presents strong evidence for scale opportunities that are not being realised by super funds. Over the last 13 years, scale benefits have mounted to $4.5 billion, but is hasn't ...

Vertical integration not to blame

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... services institutions all agree - the use of vertically integrated business models in the wealth management arms of banks was not the reason for the industry misconduct exposed in the Royal Commission. In their responses to Commissioner Kenneth Hayne's ...

Wealth an unnecessary failure: Thorburn

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... ended up as a separate business unit within NAB, noting the complexities of compliance and regulatory risk in wealth were not properly understood by the bank. MLC now leaves NAB - as Thorburn described it - as a standalone business unit, lacking the ...

Chief economist update: Wall Street in drunken sailor's shadow

BENJAMIN ONG  |  MONDAY, 26 NOV 2018
... the next day's upturn. Let me take you back because I'm going to the days when the Fed first fired its shot of QE (not strawberry fields), debate back then was whether it would or wouldn't work. The rear view mirror shows that it has. It ...

BEAR should be expanded, ASIC included: Shipton

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
... of ASIC. That is why I am of the firm belief that out current structure should move to one whereby Commissioners of ASIC do not have day-to-day executive responsibility," Shipton said. Orr responded: "It would be regarded as poor governance for a large ...

Royal Commission on social media: Executives grilled

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
... by star QC Rowena ORR is stunning. Board requested former Chair TURNER hand back 40% of his fat FEES! He said bugger off! Not reported publicly. - Denise Brailey (@DeniseBrailey) November 21, 2018 Consumer advocate Denise Brailey praised counsel assisting ...