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Showing 1451 - 1460 of 4024 results for "January"

State government awards super fund mandate

KARREN VERGARA  |  MONDAY, 11 FEB 2019
... account-based pension products that closed to new members in April 2014. AustralianSuper has been managing these products since 31 January 2015. AustralianSuper and Statewide are SelectingSuper AAA-rated funds.

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
... on by rising oil prices (at the time), the TRAIN (Tax Reform for Acceleration and Inclusion) law that took effect on 1 January 2018. Together they erode disposable income. The Fed's normalisation policy brought more downward pressure on the Philippine ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
... a misquote, it's taken from the International Monetary Fund's (IMF) World Economic Outlook (WEO) Update dated January 2018. That time, the IMF projected euro area growth of 2.0% for this year (an upgrade from 1.7% forecast in October 2018). Fast ...

ETP provider fined for misleading promos

JAMIE WILLIAMSON  |  THURSDAY, 7 FEB 2019
... are not, ASIC said. The infringement notices were issued to ACBC on 7 December 2018 and were paid in full by ACBC on 30 January 2019.

Synchron slams RC on commissions

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... selling books of clients that were generating grandfathered commissions were receiving about two times revenue," he said. "January 1 2021 is two years away, so the recommendation means advisers with these books will receive two times revenue, therefore ...

ipac Securities investment leader retires

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
... of the long-running Income Generator strategy. After 12 years with ipac Securities, Jeff Rogers retired at the end of January. He joined the firm in 2011 following the merger of AMP and AXA Asia Pacific. Since then Rogers has been responsible for determining ...

Grandfathered commissions deadline challenging: AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
... Commission's final report, Treasurer Josh Frydenberg announced payment of grandfathered commissions will be banned as of 1 January 2021. "This is not a simple matter and will likely be difficult for advice businesses to implement in less than two years," ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... outright reduction in interest rates. I've already listed them in my piece, " Anatomy of an RBA rate cut " dated 30 January, and with matching pictures. It appears that the RBA continues to hitch its star on the improving labour market and its impact ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... whittle down the commissions on life insurance products to zero unless there is a clear justification to keep them. On 1 January 2018, advisers' upfront commission for implementing a life insurance policy went down from 120% to 60% which was to be ...

Grandfathered commissions to be banned

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
Grandfathered commissions will be banned from 1 January 2021. Responding to the release of the Royal Commission's final report, Treasurer Josh Frydenberg has confirmed the payment of grandfathered commissions will be outlawed. Further, from 1 January ...