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Showing 1221 - 1230 of 3157 results for "Times"

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... translated back into the local currency. The floating A$ is again doing what it does best, "falling" to the occasion in times of uncertainty to keep the Australian economy afloat. The A$/US$ sank from US$0.80 to below US$0.60 during the Asian financial ...

Retail unit trusts leaking FUM

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... said. ETFs and managed accounts are now 12% of the total managed funds. They are growing rapidly, at a pace that is three times faster than any other part of the managed funds pool. BlackRock believes investors are pulling their money out of retail unit ...

Industry fund launches assistant on Google Home

HARRISON WORLEY  |  TUESDAY, 1 MAY 2018
... more easily than ever before. "The integration of Roger with Google Home gives us new ways to connect with our members at times convenient to them, and in ways that are relevant to their lifestyles," she said. "Roger can already respond to 96 per cent ...

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
... off on something that should never have seen the light of day. We are not the person who lied to the regulator multiple times. We are not the consultant who doctored an independent report. We believe that where a fee is paid for ongoing support and services ...

Adviser regulation lacking a professional body, RC hears

KARREN VERGARA  |  FRIDAY, 27 APR 2018
... numerous instances. The AFA found out about Tindall's ban when another member rang the AFA's office about it. At times, the only way the AFA discovers a member is in trouble with the regulator is through public announcements or media releases ...

Fidelity to launch active ETFs

ALEX BURKE  |  THURSDAY, 26 APR 2018
... they're sorry and they give me a voucher and tell me it'll come on Thursday. Compare that to getting a phone line in: how many times have you had to say your mother's maiden name?" Devoy said it's important active managers can bring an "Amazon-esque" ...

IOOF updates market on ANZ wealth sale

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... treatment for transferring members has been approved and legislated by parliament. ANZ fronted the Royal Commission several times last week, indicating it dragged its heels on adviser misconduct, and often blamed its systems and processes for failing ...

Millennials faring well financially: BTFG

HARRISON WORLEY  |  MONDAY, 23 APR 2018
... decisions, compared to the 26% of Gen X and 24% of Baby Boomers. Millennials are also attempting to protect against more volatile times, with 51% having saved the income of at least one month. Ashenden added that it was good to see millennials engaging ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... said on day two in his testimony. Westpac refused to give Dover a reference check on an adviser who was audited several times during his eight years at St George Financial Planning. Dover currently employs the adviser. Wright thinks insurance should ...

Government ramps up ASIC powers

ALEX BURKE  |  FRIDAY, 20 APR 2018
... criminal offences under the Corporations Act have been raised to a maximum of 10 years' imprisonment and/or $945,000 or three times the benefits. For corporations, a $9.45 million fine, three times benefits of 10% of annual turnover. The range of contraventions ...