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Showing 1181 - 1190 of 5175 results for "YES"

Tobacco and super funds must split

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2016
Institutional investors need to do more to combat investment in tobacco, with around $10 billion still invested via superannuation alone. Speaking at an Altius Asset Management event in Sydney yesterday, chief executive of Tobacco Free Portfolios Dr ...

Narev points to GFC for bank dissatisfaction

JAMIE WILLIAMSON  |  WEDNESDAY, 19 OCT 2016
A historic wave of bank bashing does not simply explain the current environment according to Commonwealth Bank chief executive Ian Narev. Speaking at a lunch hosted by the Trans-Tasman Business Circle in Sydney yesterday, Narev discussed the changing ...

Institutions grappling with risk culture

KERRIE SYDEE  |  WEDNESDAY, 19 OCT 2016
APRA acknowledges that despite a stronger focus on risk culture, most institutions are grappling to articulate what type of risk culture they aspire to have, let alone how they will address weaknesses. In a paper released yesterday, APRA said the inability ...

New life code could go further: lawyer

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2016
Prominent legal firm Slater and Gordon believes the Life Insurance Code of Practice is a missed opportunity to fix serious systemic problems in the industry. Several life insurers welcomed the Code issued by the Financial Services Council (FSC) yesterday ...

Slow, slower, slowing

BENJAMIN ONG  |  MONDAY, 10 OCT 2016
... the world - big and small - are all designed to lift growth and inflation at home, they are also beggaring their neighbours. Yes Virginia, they're called "QE's" or "LTRO's" or "OMT's" or Quantitative and Qualitative Easing with a Negative Interest Rate" ...

ANZ blames tech and training for bank mishaps

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2016
ANZ chief executive Shayne Elliott has conceded the bank has not always met the standards it sets for itself or that the community rightly expects. In addressing the House of Representatives' parliamentary committee yesterday, Elliott said: "Each time ...

Advisers urged to meet challenges together

DARREN SNYDER  |  THURSDAY, 6 OCT 2016
Senior figures at the AFA have urged delegates at this year's conference to meet the challenges posed by legislation with the collaborative, can-do attitude that has always defined the association's annual meeting. AFA chief executive Brad Fox, new ...

More poor customer outcomes expected: Narev

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2016
Commonwealth Bank chief executive Ian Narev anticipates there will be more cases of poor customer outcomes as an independent review of the bank continues. Narev told the ongoing parliamentary committee in Canberra yesterday that while CBA has implemented ...

NAB and Nippon Life complete sale

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
A $2.4 billion sale of National Australia Bank's life insurance business to Nippon Life was finalised yesterday. Following the sale NAB said its MLC Life Insurance business would see changes to the board of parent entity, MLC Limited. Joining the MLC ...

MDAs overhauled by new regulations

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2016
The operation of limited MDAs is to be terminated under new, long-awaited regulatory reforms released by ASIC yesterday. The regulator has made amendments to Regulatory Guide 179, the most significant being the removal of the regulated platform no-action ...