Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1101 - 1110 of 2974 results for "Phil"

NAB chief executive and chair exit

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
National Australia Bank chief executive Andrew Thorburn and chair Ken Henry announced they will exit the bank. Thorburn's last day is on 28 February 2019, while Henry will retire from the board once a permanent chief executive is appointed. Philip ...

Chief economist update: The RBA capitulates

BENJAMIN ONG  |  THURSDAY, 7 FEB 2019
N-E-U-T-R-A-L! It was a hard slog swimming against the tide, but this space has finally been vindicated by RBA Governor Philip Lowe's change of heart with regards to guidance on Australian monetary policy. The next move in "interest rates is likely ...

Synchron slams RC on commissions

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... likely be difficult for advice businesses to implement in less than two years," AFA general manager policy and professionalism Phil Anderson said. "Discussion about returning benefits to clients is fine when it comes to modern products but there are ...

Grandfathered commissions deadline challenging: AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
... subsequent announcement of a deadline for removal by Government was inevitable, AFA general manager of policy and professionalism Phil Anderson believes the timeline is problematic. Responding to the Royal Commission's final report, Treasurer Josh Frydenberg ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
Say what? "The low level of interest rates is continuing to support the Australian economy. Further progress in reducing unemployment and having inflation return to target is expected, although this progress is likely to be gradual. Taking account of ...

SMSF investments reach far and wide

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... of gold. Meanwhile, another SMSF currently holds $306,117 in silver, through 486 one-kilogram bars. SuperConcepts analyst Phil LaGreca said the relative safety of the precious metals was an attraction for SMSF investors. "Gold and silver are considered ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
"Our tightenings or loosenings of monetary policy are determined by the inflation outlook. If the economy wants to grow faster than it currently is, and inflation is not showing any tendency to rise to the point where it could threaten our medium-term ...

Janus Henderson pulls out of Aussie equities

KANIKA SOOD  |  THURSDAY, 31 JAN 2019
Janus Henderson Investors is shutting down its Australian equities funds and will return about $490 million of capital to investors. "Over the past 18 months, the manager's Australian equity (AEQ) investment desk has found it challenging to meaningfully ...

Advisers question value of best interests duty

DARREN SNYDER  |  WEDNESDAY, 30 JAN 2019
... being delivered in the clients' best interest. The best interests duty was introduced in 2013, and AFA chief executive Phil Kewin said it is "arguably the most important obligation for financial advisers." "We welcome this research into adviser's ...

Industry Super Australia attacks Future Fund concept

HARRISON WORLEY  |  TUESDAY, 29 JAN 2019
... with the Future Fund, instead of a top performing industry fund. Announcing research conducted by former Treasury official Phil Gallagher, ISA is adamant that any move to push workers' retirement savings into the Future Fund would result in poorer ...