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| | | ... banking first started, people realised that it was a perfect application for banking, but the banks said, 'Woah, hang on, it's not safe. The internet is okay to use for doing a silly search or buying a bicycle, but we can't use it for banking.' "Consumers ... |
| | | | ... financial position," he said. "Large funds held outside of superannuation for those close to retirement may be due to their not understanding the benefits, not qualifying to make additional deposits, being unsure about superannuation with all its rule ... |
| | | | ... failing to lodge financial statements, auditor reports and auditor opinions for three years. The regulator said it would "not hesitate to act" against AFS licensees who do not comply with ASIC requirements. |
| | | | "Not partial membership of the European Union, associate membership of the European Union, or anything that leaves us half-in, half-out. We do not seek to adopt a model already enjoyed by other countries. We do not seek to hold on to bits of membership ... |
| | | | The New Year will be crucial for simplifying regulation around offshore investment vehicles, according to Financial Services Council chief executive Sally Loane. Speaking to Financial Standard, Loane noted that corporate collective investment vehicles ... |
| | | | ... connection to enable the client to use its AOP system, "the new connection was incorrectly mapped to a destination that did not contain the certified AOP market filters." ASIC noted that while the conduct gave rise to an isolated incident, which had ... |
| | | | BT Investment Management group executive, international, Gavin Rochussen is resigning after five months in the newly created role. More broadly Rochussen also leaves after eight years at J O Hambro Capital Management which included five years within ... |
| | | | ... urged advisers to be confident in their knowledge. "We believe advisers who undertake a postgraduate qualification should not be unduly concerned with the standards; they will be as prepared as they can to meet them regardless of what they are - they ... |
| | | | Just when we thought the sun's starting to shine. Japan private core machinery orders (orders excluding ships and electrical equipment) - a leading indicator of business investment - dropped by 5.1% in the month of November. This is heaps worse than ... |
| | | | ... Limited. New Plymouth District Council chief financial officer Alan Bird explained at the time: "The recommended change is not about fund performance, as the performance of TIML has been above industry benchmarks, with the PIF earning an average after-tax ... |
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