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Showing 1191 - 1200 of 5175 results for "Yes"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 30 SEP 2016
US GDP The final estimate of US real GDP showed the economy expanding at an annualised rate of 1.4% in the second quarter. This represents an upgrade from the second estimate's 1.1% growth and better than expectations for a 1.3% gain. While personal ...

Next wave of super legislation rolls in

DARREN SNYDER  |  WEDNESDAY, 28 SEP 2016
Attempting to keep superannuation reforms on the move, Treasurer Scott Morrison released more draft legislation yesterday. Among the second tranche of legislation are plans to implement the $1.6 million transfer balance cap, limiting the amount an individual ...

Fraudulent adviser faces court

JAMIE WILLIAMSON  |  WEDNESDAY, 28 SEP 2016
A former New South Wales financial adviser has appeared in court over 19 fraud-related charges brought by ASIC. Following an investigation by the regulator, Gabriel Nakhl faced the Local Court of New South Wales yesterday, accused of engaging in dishonest ...

Life insurance code needs clarity: FPA

KERRIE SYDEE  |  THURSDAY, 22 SEP 2016
... insurance companies are making to consumers within that document so there's a nice simple section for consumers to go to. "Yes there needs to be rules and processes around having a code of practice but there also should be an easy way for consumers who ...

Christmas in September

BENJAMIN ONG  |  THURSDAY, 22 SEP 2016
... stability target of 2 percent and stays above the target in a stable manner." (BOJ) Innovative? Most definitely. Will it work? Yes, no, maybe, I don't know. However, gauging from the yen's reaction... more likely not. After a knee-jerk depreciation to ...

Default super system splits industry

DARREN SNYDER  |  WEDNESDAY, 21 SEP 2016
As part of its hefty work reviewing superannuation's competitiveness and efficiency the Productivity Commission is examining what the $2 trillion system would look like without any default funds. The idea of no default funds is forming a baseline for ...

Saxo open to tech collaborations

DARREN SNYDER  |  WEDNESDAY, 21 SEP 2016
Collaboration between financial services firms to deliver fast product execution will be a defining factor for the industry as businesses look to increase or maintain market share, according to Saxo Capital Markets. Hosting the inaugural Saxo Fintech ...

Another former AMP planner cops ban

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
ASIC has permanently banned a former longtime AMP financial planner from providing financial services following an investigation. The regulator banned Damian O'Rourke after it found he failed to provide appropriate advice, failed to provide clients ...

Super inefficiencies coming to the fore

DARREN SNYDER  |  TUESDAY, 20 SEP 2016
... system is to provide income in retirement, the case for diverting some of our savings to pay for insurance is pretty weak. Yes, insurance may provide income to some people in particular circumstances but it absolutely certainly detracts from the ability ...

Advisers welcome super changes but need stability

KERRIE SYDEE  |  FRIDAY, 16 SEP 2016
The financial planning industry and financial advisers have largely welcomed the federal government's decision to drop the $500,000 non-concessional cap but argue changes to the system need to stop. Announced yesterday, Treasurer Scott Morrison said ...