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Showing 10921 - 10930 of 28277 results for "NOT"

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
... executives to reconsider their commercial relationships with banks." McManus adds the retirement savings of working people "should not be used to prop organisations that house rotten, corrupt and unethical behaviours," such as that acknowledged by the ...

Industry fund begins lifecycle pension strategy

HARRISON WORLEY  |  TUESDAY, 24 APR 2018
... based on age. The main premise behind the idea is that the strategy is needs-based, and specifically set-up for those who do not want to actively manage their investment mix. The purpose of the split to ensure that members receive a balanced approach ...

Chief economist update: View from the National Farmers' Federation

BENJAMIN ONG  |  TUESDAY, 24 APR 2018
... Benjamin Ong argues that, given agriculture 'only' contributes 3% to Australia's GDP and 2.2% of employment our PM should not put agriculture at the heart of the Australia-EU FTA negotiations. The National Farmers' Federation disgarees. Firstly, agriculture ...

Praemium appoints managed accounts expert in new role

JAMIE WILLIAMSON  |  MONDAY, 23 APR 2018
Praemium has expanded its leadership team with a newly-created role, recruiting from a competitor. Praemium will welcome Steve Thomas in May, taking on the new position of manager of self-invested and international solutions. Thomas joins Praemium from ...

ANZ blames systems for inadequate controls: RC

KARREN VERGARA  |  MONDAY, 23 APR 2018
... Senior Counsel Assisting Rowena Orr that uniformity across ANZ's entire advice network should have been a priority because this not only provides "guiderails" or support for advisers, but it lowers the risk of making mistakes or things going wrong. It ...

Super fund awards $150 million fixed income mandate

JAMIE WILLIAMSON  |  MONDAY, 23 APR 2018
... absolute return fixed income mandate Payden and Rygel has secured in the Australian market. "Being awarded this mandate is not only a reflection of the continued interest we're seeing in PARI but also Payden's ability to work with clients to tailor and ...

Royal Commission presents clear downside for bank stocks

ALEX BURKE  |  MONDAY, 23 APR 2018
Findings from the Royal Commission, and the possible increased regulation that will emerge as a result, have weakened the investment case for Australia's banking sector. Research from Credit Suisse analysts Jarrod Martin and Brendon Ferreira suggests ...

Chief economist update: Malcolm puts agricuture in the middle

BENJAMIN ONG  |  MONDAY, 23 APR 2018
... to a mere A$3.8 billion as at FY2016/17 or just 1% of our total exports. The European Commission's report on Australia does not help Malcolm's bargaining position as well. "Australia ranked as the 19th-largest trade in goods partner of the EU, while ...

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 ...

Westpac obscured bad adviser reference check

KARREN VERGARA  |  FRIDAY, 20 APR 2018
The Royal Commission found Westpac downplayed the gravity of former financial adviser Andrew Smith's misconduct not only to the regulator but with another licensee he was joining. Smith commenced as a financial adviser with Westpac subsidiary St George ...