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Showing 1231 - 1240 of 4056 results for "LIT"

Royal Commission on social media: Regulators under scrutiny

HARRISON WORLEY  |  FRIDAY, 17 AUG 2018
As the Royal Commission superannuation hearings turned onto the final straight this week, commentators took to Twitter to have their say. Hardly a surprise given the #BankingRC > "...The banking, finance and insurance sector now has the lowest Ethics ...

Chief economist update: Don't mind the gap

BENJAMIN ONG  |  FRIDAY, 17 AUG 2018
Hear ye, hear ye... the unemployment gap has closed! The loss of 3900 workers (versus expectations for a 15,000 addition) may have made for sobering reading on the Australian labour market but this was a small give from the 58,200 additional workers ...

Swiss asset manager eyes Aussie instos

KANIKA SOOD  |  THURSDAY, 16 AUG 2018
A Swiss asset manager is offering two new sustainable infrastructure strategies with a combined capacity of about $1.7 billion to Australian institutional investors as it builds out its APAC presence. SUSI Partners currently has about $1.4 billion in ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
"Wage growth in Australia has grown at an annual rate of 2.1%, continuing to stabilise between 2-2.1% over the past four quarters." That's the positive spin from ABS chief economist Bruce Hockman. Not necessarily negative - wages are still growing ...

Royal Commission on social media: Former Treasurer weighs in

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
As the Royal Commission turned its attention to superannuation this week, financial services executives and commentators took to twitter to have their say. The Royal Commission into banking is correct... having multiple super accounts may mean paying ...

IOOF executives dismiss conflicts of interest

KARREN VERGARA  |  FRIDAY, 10 AUG 2018
IOOF left some superannuation members in expensive legacy products despite board members recognising conflicts of interest existed in choosing to boost revenues over meeting "community expectations." The financial services Royal Commission continued ...

AFA gets an audience with O'Dwyer

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
The Association of Financial Advisers told its members it met with the Minister for Revenue and Financial Services to air its concerns with the FASEA proposals on professional standards. On Monday the association drew Kelly O'Dwyer's attention to its ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
The corporate regulator will be gifted enhanced enforcement powers via funding from the Federal Government, a sizeable chunk of which will be used to embed staff within the big four banks and AMP. The Federal Government announced it is injecting a further ...

Financial abuse: A hidden epidemic

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
Commonwealth Bank is extending its domestic and family violence support program due to customer need, with its helpline receiving about 90,000 calls in the first month. Initially launched as a 12-month pilot in November 2017, the CBA Domestic and Family ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial advice industry is bracing itself for more proposed changes to approved product lists (APLs), remuneration and terminology following the Productivity Commission's inquiry into the state of competition in Australia's financial system. ...