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Showing 10491 - 10500 of 28277 results for "NOT"

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
Think it's called a "swan dive" not a "Turkey" dive but this is exactly what the Turkish lira did over the past week as it engaged the world's biggest superpower into a diplomatic stoush. "I fought the law and the law won." - The Clash America ...

Failed industry fund merger laid bare at Royal Commission

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... Energy Super chair Scott Wilson who was in the witness box this afternoon. "We worked for years to get rid of them all, we are not going to reopen the practice," Fairley allegedly told former Energy Super director Mark Williamson, Wilson said. Energy ...

Royal Commission on social media: Former Treasurer weighs in

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
... Roddan questioned the value of the fox in the henhouse campaign... for different reasons to Commissioner Hayne. IOOF does not seem to understand the idea of being a fiduciary. The difference between Chris Kelaher from IOOF, and Ian Silk from Australian ...

NAB CEO apologises over super failures

HARRISON WORLEY, DARREN SNYDER  |  FRIDAY, 10 AUG 2018
... allegations at the Royal Commission, the NAB chief executive said it was clear the banking and wealth management group had not met the standard it expects. "And I'm sorry for that," Thorburn said. "It's clear in these cases and in others, that ...

IOOF executives dismiss conflicts of interest

KARREN VERGARA  |  FRIDAY, 10 AUG 2018
... (IFH) is the holding company for the group and a publicly listed company. Oliver said he joined the group in 2016 and could not comment on APRA's findings other than there were no "material" issues raised. The Commission also heard IOOF continued ...

Mason Stevens renews custodian

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... Asset Servicing executive general manager John Comito said Mason Stevens was using other services from the NAB enterprise, not just custody, to build out its business. The nearly-70 year-old custodian held $552 billion in assets under custody for Australian ...

AFA gets an audience with O'Dwyer

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
... the association expressed its concerns about the potential impact to the advice profession if a "practical solution" could not be found. The AFA said it asked O'Dwyer what the expected outcome would be, with the minister confirming there was no target ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... unemployment rate. The slowing trend in economic growth, erosion in business confidence and potential for higher unemployment do not augur well for inflation. Latest stat on New Zealand's consumer prices reveal that the annual rate of headline inflation ...

We have won the battle, not the war: AustralianSuper CEO

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... objective, it's a pretty binary view. To date, it's been successful," Silk said. "It's a battle that's been won, not the war." Silk added the ultimate purpose of ISA's campaign was to ensure legislation wasn't passed which would ...

Conflict of interest too great for NULIS: Royal Commission

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... issue, it would insist that these advice licensees that it was paying carried out a proper review to determine whether or not services had been provided in exchange for fees," Hodge said. Smith responded: "I think the trustee expected that would happen. ...