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Showing 10391 - 10400 of 28277 results for "NOT"

Industry body rejects ABA banking code

KANIKA SOOD  |  MONDAY, 10 SEP 2018
... executive Michael Lawrence said. On Friday, the ABA called for credit unions, building societies and mutual banks banks that are not ABA members to adopt the code alongside its members in July, next year. The goal is to bring customers the same lending ...

Planning diploma relevant despite FASEA

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
New education requirements will not be the end of the Diploma of Financial Planning, according to a leading industry education provider. Currently the minimum education requirement for financial advisers, Mentor Education believes the DFP will continue ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... hallelujah. This is due to the rationale that the US economy's revving engines would haul the rest of us up into a better place. Not this time though, for this time, it appears that the stronger America's economy grows the more determined Trump ...

New code should apply to all: ABA

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
... believes the new Banking Code of Practice standards should be adopted across the entire industry, including banks that are not ABA members. According to the association, the standards between credit unions, buildings societies and others should not differ ...

ASIC to ramp up trustee visits

KARREN VERGARA  |  FRIDAY, 7 SEP 2018
... caught up in the fact that the Royal Commission focused more on retail super funds, Eccleston reminded all trustees that it's not about whose behaviour is better than the other. It's about: "Am I doing the best for members?" she said. Consumers have ...

MLC, NULIS in court over $100m in illegitimate fees

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... deducted about $67 million in Plan Service Fees from 300,000 members of MLC MasterKey Personal Super where Plan Advisers were not required to provide services and members did not receive services at all or any services that weren't already freely ...

UK adviser competency to be re-evaluated

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... and weakness in technical knowledge and its application that underpins suitable financial advice, the FCA said. While it is not mandatory, the FCA is encouraging all advice firms to implement the testing as it may use it as a supervisory tool if it believes ...

Women missing from C-suite lineups

KANIKA SOOD  |  THURSDAY, 6 SEP 2018
... programs may hinder their advancement. McKinsey & Co said companies should emphasise that these policies are for everyone, not just women. Fidelity president of personal investing Kathleen Murphy said: "Flexible policies such as flexible hours or working ...

Super industry welcomes Age Pension backflip

HARRISON WORLEY  |  THURSDAY, 6 SEP 2018
... "Forcing manual workers, in particular, to stay at it until 70 would have been unreasonable". Linden said Australians did not want to work until they dropped, and added ISA hopes the announcement might signal a willingness within the Government to also ...

Life insurer undertakes strategic review

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... will encompass business strategy, structure, operating model and internal practices and procedures. The insurer said it has not set a timeline for when the review will be completed. Freedom deals in funeral, accident and life insurance, as well as income ...