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Showing 1281 - 1290 of 4372 results for "Press"

NAB remediation team swells, no executive bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 7 NOV 2019
National Australia Bank's 2019 full year results include the revelation that its customer remediation team has ballooned to 950 people. NAB chief executive Philip Chronican said in a statement that the team of 950 dedicated to remediating customers ...

Former Apogee, GPS Wealth advisers banned

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... Practitioners Board website, he is a member of the Association of Financial Advisers. Commenting, ASIC commissioner Danielle Press said: "Financial advisers are expected to understand their clients' personal circumstances and take those circumstances ...

Morningstar bets on advice software

KANIKA SOOD  |  MONDAY, 4 NOV 2019
The research house is set to acquire AdviserLogic as it looks to add financial planning software to its adviser offering. Morningstar has entered a definitive agreement to acquire AdviserLogic for undisclosed terms, with the transaction expected to ...

Chief economist update: Fed pause could be a short one

BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
... more to follow. Uh-oh. US Federal Reserve chair Jerome Powell wouldn't be too happy with this new development. In his press conference - after the FOMC cut the fed funds rate a third time in as many meetings to 1.5%-1.75% -- Powell shared his optimism ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
No RBA rate cut on race day, no more rate cuts... ever! The Australian Bureau of Statistics' (ABS) latest update on the country's consumer price inflation has changed market expectations with regards to how low the Reserve Bank of Australia ...

ASIC puts trustees on notice

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... appropriate context about the reforms and tailoring communications to the needs of their members." ASIC commissioner Danielle Press said: "The superannuation industry needs to learn from what happened earlier this year when trustees communicated with ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
Insurance premiums will rise by as much as 60% from next week for members of a state-based industry superannuation fund. Insurance premiums paid by WA Super members will increase substantially from November 4 following a review by TAL, with the fund ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
Super "whatever it takes" Mario Draghi's final outing as president of the European Central Bank (ECB) came and went without much fanfare. The ECB kept monetary policy settings unchanged at its October 24 meeting. This is to be expected after it ...

Labor supports FASEA extension, confusion remains

ELIZABETH MCARTHUR  |  MONDAY, 28 OCT 2019
... difficult it will be for many advisers to meet the deadlines while running small businesses. Pinnell said: "I had read in the press that Labor weren't supporting the legislation and that is why I wrote to my local member." He wants to see Labor be clearer ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... sector and ensuring that investors' best interests are the highest priority of fund managers," ASIC commissioner Danielle Press said. "ASIC will use its licensing power, including through the imposition of tailored licence conditions to address governance ...