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Showing 1071 - 1080 of 4663 results for "DOL"

Open banking regime to boost advice

DARREN SNYDER, KARREN VERGARA  |  MONDAY, 5 FEB 2018
Australia's open banking regime will fundamentally change the way financial advisers interact with consumers but several hurdles must be cleared before any true potential is realised. The expected multi-billion dollar implementation of open banking ...

Financial services pay top dollar for compliance, IT skills

KARREN VERGARA  |  FRIDAY, 2 FEB 2018
In the wake of recent financial services and bank scandals, job opportunities in risk management and compliance within the sector are forecast to boom in 2018, Robert Walters' latest salary survey shows. With large-scale remediation projects in banking ...

Wells Fargo opens up on pay gaps

JAMIE WILLIAMSON  |  FRIDAY, 2 FEB 2018
Wells Fargo has become the third major US bank to take action on gender and ethnicity pay gaps. Responding to shareholder pressure the bank released the findings of its most recent pay equity study. It showed women working for Wells Fargo in the US ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
"Plus ca change, plus c'est la meme chose." Jean-Baptiste Aphonse Karr's immortal epigram - translated as "the more things change, the more they stay the same" - best describes the goings-on over the past 24 hours. There were no surprises at the Fed's ...

Chief economist update: The angel in the details

BENJAMIN ONG  |  MONDAY, 29 JAN 2018
The US economy had been expected to slow in the fourth quarter of 2017... but not this slow. The advance estimate of US GDP showed economic growth decelerated to a 2.6% annual rate in the December 2017 quarter from a two-and-a-half-year high of 3.2% ...

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
Down, down, the US dollar is down (again). Bloomberg's USD index shows that the US dollar dropped 1.0% overnight - taking its 2018-to-date decline to minus 3.2% -- on the back of US Treasury Secretary Steven Mnuchin's comments At the World Economic ...

IOSCO issues caution over ICOs

DARREN SNYDER  |  FRIDAY, 19 JAN 2018
The International Organisation of Securities Commissions warns Initial Coin Offerings (ICOs) have clear risks and are highly speculative investments. IOSCO, seen as the global standard setter for securities regulation, said ICOs are not standardised ...

Chief economist update: The good news and the good news

BENJAMIN ONG  |  FRIDAY, 19 JAN 2018
First, the good news: The Australian Bureau of Statistics'(ABS) latest update on the country's labour market confirmed the continued strengthening in the labour market. Total employment increased by 34,700 in the month of December -- more than twice ...

Chief economist update: One hike this year, one hike next year

BENJAMIN ONG  |  WEDNESDAY, 17 JAN 2018
It's getting there. While it's still early days and just a single monthly data point, the latest consumer price data provide indication that inflation in the United Kingdom might be starting to come down. UK overall inflation eased to an annual rate ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
"Here comes the sun, and I say It's all right." -- The Beatles Wall Street again went on a record breaking run last week with the S&P 500, the DJIA, the Nasdaq Composite and the Russell 2000 all finishing at all-time highs... and for good reasons. Growth ...