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Showing 1451 - 1460 of 5396 results for "Federal"

Government extends FASEA deadlines

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2019
The Federal Government has extended the deadlines for financial advisers to pass the Financial Adviser Standards and Ethics Authority's exam, as well as meet its qualification requirements. Assistant Minister for Financial Services, Superannuation ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
... August 1. The financial advice industry is inching towards a complete phase out of grandfathered commissions, backed by the federal treasurer Josh Frydenberg, who last month introduced legislation to end them by 2021. The banking Royal Commission's ...

ASIC clamps down on poor advice, grandfathered commissions

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
... its recently released Corporate Plan. One of its new priorities is to end grandfathered commissions with direction from Federal Treasurer Josh Frydenberg. On a periodic basis, ASIC said it will undertake a quantitative review of firms that pay grandfathered ...

Chief economist update: US yield curve pictorial

BENJAMIN ONG  |  WEDNESDAY, 28 AUG 2019
... and waned over the past few months. Gentle readers would know that I subscribe to the yield curve that studies by the Federal Reserve Bank of Cleveland and New York prove to be the best predictor of a looming US recession - the spread between the 10-year ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... "Budget surplus". The current sitting Treasurer Josh Frydenberg looks set to deliver on the "promise" that has eluded four Federal Treasurers - Wayne Swan, Chris Bowen, Joe Hockey, and Scott Morrison (now prime minister) - before him. According to the ...

Board addition strengthens strategic relationship

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... does not exceed 20% per the Financial Sectors (Shareholding) Act 1998, according to an August 14 notice signed by the Federal Treasurer Josh Frydenberg.

Pension fund joins action against Facebook

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
... opportunity to gain greater protections for the public and investors that will build upon recent penalties imposed by the Federal Trade Commission." The suit originally was brought by the $478 million Fireman's Retirement System of St. Louis and ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
US Federal Reserve chairman Jerome Powell's in the Hole - the annual Jackson Hole symposium, that is. Out of or deeper into the (Jackson) hole? Powell's all too aware that he has to mind his Ps and Qs because his every word would be sliced ...

ASIC bans SMSF business director

HARRISON WORLEY  |  THURSDAY, 22 AUG 2019
... a Perth-based business which Goldenberg was the sole director of. Superfunded - as ASIC explained when applying to the Federal Court for permission to appoint a liquidator last year - was a self-managed super fund business which allowed clients to access ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... point that it has boomeranged to America: "And now 'tis far too huge to be blown out". All eyes and ears are on US Federal Reserve chair Jerome Powell's messaging at the Jackson Hole symposium on August 23. Will he? won't he? bend to Trump's ...