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Showing 1091 - 1100 of 2993 results for "February 2007"

Modest but meaningful growth on the horizon: Aviva

ELIZA BAVIN  |  TUESDAY, 7 JAN 2020
Global growth is expected to pick up around 3.25% in 2020, up from 3% in 2019, with new research suggesting fears of a severe turndown or recession have significantly diminished. Research from Aviva Investors suggests that global growth is expected ...

FASEA loses board director

ELIZA BAVIN  |  MONDAY, 6 JAN 2020
Another board director has resigned from the Financial Adviser Standards and Ethics Authority, the announcement coinciding with the commencement of the new Code of Ethics. Catriona Lowe will step down from the FASEA board effective January 31 as she ...

Consumer data right for open banking delayed

ALLY SELBY  |  FRIDAY, 20 DEC 2019
The ACCC has delayed the launch of consumer data right (CDR) for the banking sector to July 2020, postponing key components of the reform that would have allowed the kick-off of open banking in Australia by February next year. Consumers will now be ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
The past year has served as the beginning of the superannuation industry's transformation. Yes, recent years have seen nothing but reform after reform, but 2019 has been something different entirely. The Productivity Commission and Royal Commission ...

Chief economist update: More jobs dull rate cut bets

BENJAMIN ONG  |  FRIDAY, 20 DEC 2019
'twas a good present for the Australian economy (and just in time to bring Christmas cheer) but the equity market didn't like it. The S&P/ASX 200 index closed 0.3% lower after the Australian Bureau of Statistics (ABS) released the latest update ...

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
There wasn't a dull day to be had in Australia's financial advice industry in 2019, but unfortunately it was rarely a good thing. We are bidding farewell to the year that is likely to be remembered as one financial advisers would rather forget. ...

Westpac served class action

JAMIE WILLIAMSON  |  WEDNESDAY, 18 DEC 2019
Westpac has confirmed it was served with a class action on behalf of shareholders in relation to the AUSTRAC investigation. The class action has been filed by Phi Finney McDonald. The claim relates to market disclosure issues connected to Westpac's ...

Industry veteran arrested

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
A high-profile financial services veteran was arrested at Sydney airport this morning. Sir Ron Brierley was arrested and charged this morning after allegedly being found in possession of child abuse material. After a search of carry-on luggage, the ...

Channel Capital nabs new distribution directors

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
A spokesperson for Channel Capital confirmed the appointment of two new directors to its distribution team, hiring from NAB and Pendal. Alana Carratelli and James Biggins will join Channel Capital in February after they serve out their gardening leave. ...

ASIC drags NAB to court for fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
ASIC has launched civil penalty proceedings against NAB in the Federal Court over fees-for-no-service, which the bank continued to charge after the Royal Commission. The corporate regulator is seeking to find NAB made several thousand contraventions ...