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Showing 1011 - 1020 of 1894 results for "Determine"

NAB to divest MLC

ALEX BURKE  |  THURSDAY, 3 MAY 2018
... it is targeting listing for MLC by the end of 2019. NAB explained: "Independent ownership will allow this business to determine its own strategy and investment priorities to better deliver for customers and enhance its competitive position." Based on ...

CBA enters APRA EU

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
APRA has accepted an Enforceable Undertaking from Commonwealth Bank, having determined the bank's operational risk management framework "worked better on paper than in practice." Releasing the final report of its prudential inquiry into CBA, the regulator ...

Financial services giants launch ESG indices

KARREN VERGARA  |  MONDAY, 30 APR 2018
... factors and new ESG weights calculations. Newly calculated JESG index scores will then be systematically applied to determine new ESG weightings in the index; issuers with better ESG scores will have weightings increased relative to their baseline index ...

Brenner leaves AMP

JAMIE WILLIAMSON  |  MONDAY, 30 APR 2018
Catherine Brenner has resigned as chair of AMP and stepped down from the board. A senior executive is also departing and the firm has cleared itself of any wrongdoing over the preparation of a Clayton Utz report. In the wake of the Royal Commission's ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
In a workweek cut short by a public holiday, the Royal Commission heard evidence which included an AMP adviser identified only as Mr E, whose clients haven't even been informed of his misconduct yet. It also included a high-profile adviser who "most ...

ASIC grilled over negotiating with banks

ALEX BURKE  |  FRIDAY, 27 APR 2018
The Royal Commission today questioned ASIC over its practice of heavily negotiating enforceable undertaking outcomes with financial advice licensees. Senior Counsel Assisting Rowena Orr asked ASIC senior executive leader - financial advisers, Louise ...

Robo-adviser partners with private wealth firm

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... service. Clover chief executive and co-founder Sahil Kaura said CHOIS user data will be algorithmically analysed to determine if an MDA service is appropriate on a case-by-case basis. "Where an MDA service is deemed appropriate, each user will receive ...

ANZ dragged its heels on adviser misconduct

ALEX BURKE  |  FRIDAY, 20 APR 2018
The former chief executive of ANZ-aligned RI Advice told the Royal Commission the group took "too long to act" on adviser misconduct. Darren Whereat discussed the case study of former RI Advice authorised representative John Doyle with Senior Counsel ...

One third of Aussies struggling financially

HARRISON WORLEY  |  FRIDAY, 20 APR 2018
A study into financial wellbeing of Australians has found that almost a quarter of the population is just getting by, while a further 13% struggle to meet day-to-day financial commitments. The ANZ Financial Wellbeing survey shows more than a third of ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
... mandate (inflation and employment growth - the domestic labour market's direction is a crucial indicator that would determine policy direction. But the volatility of the monthly changes in the seasonally adjusted measure of employment provides a confusing ...