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Showing 1331 - 1340 of 3263 results for "January 2012"

Melbourne AFSL pays $9 million in fines

KANIKA SOOD  |  MONDAY, 5 NOV 2018
A Melbourne company has copped about $9 million in penalties after ASIC found it offered personal loans with the proviso customers implement financial advice from the firm. Financial Circle offered personal loans to consumers of up to $5000. However ...

FPA and AFA aim to administer adviser standards

DARREN SNYDER  |  FRIDAY, 2 NOV 2018
The Financial Planning Association of Australia and the Association of Financial Advisers are putting cases forward to manage adviser compliance schemes resulting from the industry's new education and ethics standards. The FPA told its member base ...

Chief economist update: BOE waiting on Brexit

BENJAMIN ONG  |  FRIDAY, 2 NOV 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on the 2nd of August, BOE governor Mark Carney was quoted as saying, "The mistake is to always wait, wait, wait until you ...

Governance specialist names new chief executive

DARREN SNYDER  |  FRIDAY, 26 OCT 2018
An industry association dedicated to best-practice corporate governance and culture is welcoming its new chief executive. The Governance Institute of Australia appointed Megan Motto as its new chief executive from January 2019. She is the former chief ...

Challenger appoints new chief executive

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
Challenger's top job is seeing a change of guard as its chief executive of six years Brian Benari steps down to retire. Replacing Benari is Challenger's head of distribution, product and marketing Richard Howes. Benari will step down from the ...

Chief economist update: If you can't beat Trump, copy Trump

BENJAMIN ONG  |  TUESDAY, 23 OCT 2018
The Shanghai composite index surged by 4.1% at the end of yesterday's trading activity in China. This is the biggest single day gained since 2 March 2016 (4.3%) and followed the 2.5% jump in the index last Friday. This is to be expected given that ...

Bank-owned advice firm requests ASIC extension

DARREN SNYDER  |  MONDAY, 22 OCT 2018
Highlighting the point ASIC chair James Shipton made about slow and delayed responses from Australia's financial institutions, a bank's financial advice subsidiary has sought an extension to complete a major report as part of its enforceable undertaking. ...

Chief economist update: China's slowing fast

BENJAMIN ONG  |  MONDAY, 22 OCT 2018
When the going gets tough, China's authorities get going. Fresh data that showed the Chinese economy slowed to 6.5% in the year to the September quarter shouldn't have generated big concerns - despite headlines that it is the slowest growth ...

SuperConcepts names new technology lead

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
SuperConcepts appointed a new chief technology officer, replacing the founder of its SuperMate offering. Currently executive manager of software development, Brad Ackermann will step into the role on 2 January 2019. He takes the title as Kurt Groeneveld ...

ASIC delays adviser reporting deadlines

KARREN VERGARA  |  THURSDAY, 11 OCT 2018
ASIC has delayed reporting dates relating to the professional standard reforms for financial advisers. On 1 August 2018, ASIC announced existing financial advisers that don't appear on its Financial Adviser Register (FAR) will be forced to complete ...