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Showing 1001 - 1010 of 2925 results for "Phil"

Former Beacon adviser banned

KANIKA SOOD  |  FRIDAY, 24 MAY 2019
A former Beacon Financial Group financial adviser was handed a permanent ban by ASIC. Phillip Emidio Bruni first provided advice in 2004 and worked at The FinancialLink Group for about two years ending 2017, ASIC's Financial Adviser Register shows. ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG  |  THURSDAY, 23 MAY 2019
"Chief economist update: Cash rate should be 1%"! This was my piece published on 7 March 2019, based on the 'Taylor Rule' and plugging in Australia's growth and inflation parameters at the time. It took two months and a few days before Reserve ...

AFCA seeks to strengthen leadership

ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
The Australian Financial Complaints Authority (AFCA) is recruiting for a number of newly-created senior roles. Chief ombudsman and chief executive David Locke will appoint a deputy chief ombudsman and general counsel. The new leadership roles will be ...

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
UBS has materially reduced downside risk for housing as last Saturday's elections lay to rest Labor's negative gearing plans and separately, APRA is easing its stance on mortgage lending. "The main implication of the election is the absence of expected ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
Reserve Bank of Australia (RBA) governor Philip Lowe provided the clearest indication yet that the Australian central bank is poised to cut interest rates, potentially at its June 4 meeting. The transcript of Lowe's speech - titled 'The Economic ...

Tobacco company launches life insurance offering

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
A major tobacco company is eyeing the life insurance industry by launching products that offer discounts for customers that quit smoking or switch to alternatives. Philip Morris International, the manufacturer of Marlboro cigarettes, will launch life ...

Advisers forgo charitable conversations: Poll

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
Many financial advisers intend to incorporate charitable giving in the advice process, but the majority still do not broach the topic with clients, a Financial Standard survey shows. More than half (54%) of the financial advisers polled do not have ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
Nothing. Nada. Zilch. Despite high expectations that it would leading up to its May Board meeting, the Reserve Bank of Australia (RBA) didn't only NOT cut the official cash rate - it kept it unchanged at a record low 1.5% - it also maintained its ...

Should super funds segregate pension assets?

KANIKA SOOD  |  TUESDAY, 7 MAY 2019
With 2.8 million super accounts slated to enter pension phase over the next decade, is it time superannuation funds follow QSuper's lead and start segregating their pension assets? That's a question a new research paper by Parametric managing ...

Forrests donate $655m to foundation

KANIKA SOOD  |  MONDAY, 6 MAY 2019
Mining magnate Andrew Forrest and wife Nicola have donated $655 million to their philanthropic foundation. Minderoo Foundation now has more than $1.5 billion in total donations from the couple and has supported 280 projects globally since its 2001 inception. ...