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Showing 1251 - 1260 of 3876 results for "August"

Chief economist update: RBA holds but for how long?

BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
... time the RBA tagged "household consumption" as the major risk for its optimistic outlook on the domestic economy was in August 2017, acknowledging the trend deceleration in annual retail sales growth from a peak of 6.2% in 2014 to 2.2% by August 2017 ...

Adviser moves show industry upheaval

ELIZABETH MCARTHUR  |  TUESDAY, 5 NOV 2019
... dealer groups Securitor and Magnitude ceased during the period, with advisers choosing to exit or move to other licences. In August, Financial Standard reported on the exodus from the Westpac aligned licensees. Finally, indicating the challenges facing ...

Industry fund experience lead departs

JAMIE WILLIAMSON  |  MONDAY, 4 NOV 2019
... this year but departed the fund in July. She has since left the financial services industry, taking a role with Qantas in August. She now leads the airline's global contact centre strategy. Prior to joining Club Plus Super, Parkin was general manager ...

CBA finalises CommInsure sale

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... products for CBA's customers, which will deliver excellent customer outcomes." The revised transaction path was announced in August this year, with CBA saying the commencement of the joint co-operation agreement "represents an important first step" for ...

RI Advice faces ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
... authorised representative of RI Advice in May 2013 and sat a competency and knowledge test two months later which he failed. In August of that year RI Advice received a complaint about Doyle. Still, RI Advice did not apply any enhanced supervision of ...

AMP extends adviser deadline

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... advisers who were given their notice by the institution have been given an additional month to consider their options. In August, AMP advisers began receiving notices from the wealth giant that it was no longer financially viable for AMP to have them ...

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... assets began a downward spiral. By the end of 2012, investors had lost 41 cents of each dollar they put in the fund. By August 2013, the responsible entity was decided to be wound up. (LM Investment Management was the responsible entity for seven managed ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... adjust for price growth differences. Australian core inflation was 1.3% in the June quarter, US core inflation was 2.4% (August). So are relative growth rates. While the IMF forecast the US to grow stronger (2.4%) relative to Australia (1.7%) this year ...

Labor supports FASEA extension, confusion remains

ELIZABETH MCARTHUR  |  MONDAY, 28 OCT 2019
... Labor not supporting the FASEA extension after seeing it reported that the party might block the extension. At the end of August, the government announced it would extend the deadlines for financial advisers to pass the FASEA exam and meet FASEA requirements. ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
... survey that showed business confidence dropped after the RBA's rate cuts in June and July from +4 in July to +1 in August and 0 in September. The AICD survey also found that "70 per cent of respondents agreed that there is a risk-averse culture on ...