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Showing 1101 - 1110 of 3173 results for "Rather"

Chief economist update: China shares inclusion in MSCI is a blessing and a curse

BENJAMIN ONG  |  MONDAY, 17 SEP 2018
... flow. The second phase of inclusion set for August should result in another $1.7 billion..." Funds did indeed flow but out rather than into China as emerging markets tumbled, prompted by the escalation of Sino-Yankee trade tensions and the US dollar ...

New tech for the new advice world

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
... to clients that their individual goals are at the heart of the advice process. By refocusing the outcome on client goals rather than financial products, any friction that exists is removed," Henderson said. "Our aim is to empower financial planners with ...

Centrepoint: New leadership, new look

JAMIE WILLIAMSON  |  THURSDAY, 23 AUG 2018
... more transparent environment," Benbow said. In doing so, Centrepoint will look to complement platforms and fund managers rather than compete with them and will shift focus from being "all things to all advisers" to setting the standard in quality advice. ...

Super funds cop governance grilling

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
... alone the company itself - in bottom line cultures too often the question asked has been 'Can we get away with it?' rather than 'Is it the right thing to do?' "It's a fundamental requirement of the job [for directors] to properly ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... right after a general fact-finding questionnaire, which ASIC said the customers may have mistaken as "personal" advice rather than "general advice". ASIC caved to ANZ At today's hearings, it was revealed that ANZ negotiated with ASIC over the definition ...

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... 1 July 2013 and 30 June 2017, about 1380 of the advisers' clients elected to remain or gave an investment direction rather than transfer to the default and lower cost MySuper option. ASIC eventually identified the adviser's "pattern" and issued ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
... customers who signed up and made contributions or roll-overs into this product were worse off as a result of doing so, rather than sticking with their existing super fund?" Hodge asked. "I don't believe so," Pankhurst replied. Pankhurst also admitted ...

Chief economist update: Small business is big business

BENJAMIN ONG  |  WEDNESDAY, 15 AUG 2018
... Independent Businesses (NFIB) in Washington in June this year. And, you know, small businesses really are. The stats are rather dated, but according to the US Small Business Administration (SBA) website, in 2010 small businesses made up 99.7% of employer ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... of 2018. The $NZ's drop suggests that the currency markets are betting that the next move in the OCR could be down rather than up. This is because as printed in the August Monetary Policy Statement: "The decline in GDP growth over the past year suggests ...

Conflict of interest too great for NULIS: Royal Commission

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... business was - as is apparent from the ASIC letter - to keep the fees and identify justification for keeping the fees, rather than assessing whether the contracted services had been exchanged for the fees." Smith said it was not a consideration the trustee ...