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Showing 1431 - 1440 of 4463 results for "October"

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
... central bank cut its seven-day reverse repo rate from 2.55% to 2.5% yesterday - the first rate reduction in four years (October 2015). Markets certainly didn't expect the PBOC's easier policy announcement so soon after it injected CNY200 billion ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... jobs report) but it has risen and remains above the US$0.6704 low plumbed after the RBA's third interest rate cut on October 1." The A$/US$ is now back up to US$68.15. I've long been singing praises for a cheaper currency (except for when I'm ...

New role for HESTA advice executive

KANIKA SOOD  |  FRIDAY, 15 NOV 2019
... role at another industry fund. Justin McMinn joined the $6.5 billion LUCRF Super as a manager for business development on October 8. Prior to this, he was a part of HESTA's executive management team as the fund's executive, advice strategy for five years ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... low would RBA Governor Lowe go? The more rate cut writings were splashed all over the wall since the last rate cut in October. Historically, the A$ falls to the occasion whenever there's trouble in foreign shores. The A$/US$ sank from US$0.80 to ...

Registration deadline extended: ASIC

ELIZABETH MCARTHUR  |  THURSDAY, 14 NOV 2019
... Financial Adviser Standards and Ethics Authority Code of Ethics. Following the announcement of the disciplinary body, on October 11, ASIC sought to assure AFSLs that it would not continue to require registrations to disciplinary bodies - given that those ...

Platform hires former Netwealth distribution head

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2019
... year for personal reasons, with the platform bringing in Damian Holland to replace him in the lead distribution role in October. The appointment of Mitchell at Mason Stevens will see managing director Tom Bignill retain his current role but also move ...

FASEA attempting to re-write law: AFA

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... were made during meetings the AFA had with FASEA on 24 May 2019 and 4 July 2019. However, the guidance was released on 18 October 2019 with no consultation. Advisers are expected to be compliant with the code from 1 January 2020. The code was first issued ...

NAB faces half a billion in fines

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
... from the program went undetected until 2015 due to there being no lead, with a general manager only being appointed in October 2016, a lack of systems to monitor or review introducers, and controls over the program heavily relying on bankers. From 2013 ...

CBA wealth boss to exit

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
... a division of the FirstRand Banking Group in South Africa. One year on from NewCo CBA hired Yetton from SocietyOne in October last year to lead its wealth and mortgaging businesses as the bank planned to spin them off as a separate entity, christened ...

Magellan hires Macquarie insto head

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... this, he worked in institutional sales roles at Schroders and Legg Mason. Magellan managed $93.5 billion at the end of October. It recently launched a listed investment trust for its high conviction strategy and is working on a retirement income product. ...