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Showing 11571 - 11580 of 28287 results for "NOT"

US recommends asset manager stress tests be removed

DARREN SNYDER  |  FRIDAY, 27 OCT 2017
... management firms. "While Treasury endorses the principle of appropriate risk management in the asset management industry, it does not support prudential stress testing of investment advisers and investment companies as required by Dodd-Frank," its report ...

ECB schedules taper

BENJAMIN ONG  |  FRIDAY, 27 OCT 2017
... straight quarter of strengthening growth. The IHS/Markit Eurozone PMI surveys suggest that growth would be equally strong, if not stronger in succeeding quarters. Despite easing to 55.9 in October from a four-month high of 56.7 in September, the flash ...

Trustees must raise bar on good governance: APRA

KARREN VERGARA  |  THURSDAY, 26 OCT 2017
... and one-third independent directors. Between 2014 and 2016, the percentage of independent directors increased marginally in not-for-profit boards from 9% to 11%, while the number of women on boards increased from 26% to 30%, she said. Rowell commended ...

ANZ Wealth drags group's earnings

KARREN VERGARA  |  THURSDAY, 26 OCT 2017
... agreement to settle court action relating to the Australian bank bill swap rate market with ASIC, but the financial impact was not covered in the results. The group reported a cash profit of $6.94 billion, up 18% on the prior year. It will pay a final ...

Genetics will test life insurance sector

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
... suffer hereditary diseases. Alternatively, those who demonstrate a predisposition or are likely to become sick may choose to not disclose their health risks, placing stress on the sector. "For the life insurance industry, if health information known ...

Australia lax in fighting financial crime

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2017
... assigned different tasks and the Australian police force particularly, has "far too many responsibilities" in this area. This is not a criticism, Wyld said, but a reflection of a structure which is currently "diffused." He added that the Australian Government ...

Super lump sums increase poverty risks: Report

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2017
... increases with higher longevity, the report said. The OECD highlighted annuities, lifelong income that individuals receive, "is not very common in private schemes in Australia and few pension plans have mandatory survivor schemes in place." It recommended ...

StatePlus partners for holistic retirement transition

KARREN VERGARA  |  TUESDAY, 24 OCT 2017
... meaning as a critical concern. "Even though many of the people I have spoken to had expressed these fears, the vast majority did not want to keep working until they dropped," Kikeros said. The exodus of more than 260,000 older adults from the workplace ...

White-collar crime penalties to skyrocket

KARREN VERGARA  |  TUESDAY, 24 OCT 2017
... be able to recover or "seek disgorgement" of profits gained or lost as a result of a contravention to ensure individuals do not profit from any misconduct. The paper proposes massive increases in civil penalties under the Corporations Act 2001 for individuals ...

FPA reveals annual award finalists

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2017
The Financial Planning Association of Australia received a record number of entries for the 2017 FPA Awards ahead of its Professionals Congress in Hobart next month. Announcing the award finalists, FPA chief executive Dante De Gori said he was impressed ...