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Showing 1471 - 1480 of 3678 results for "Maintain"

MLC faces class action over adviser fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
... trustee for MLC Super Fund in mid-2016. It is alleged that when MLC Super members were transferred to NULIS it decided to maintain the conflicted charges that were being paid from those members' accounts to advisers. The class action will argue this ...

Deutsche chief to buy shares amid turmoil

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUL 2019
Deutsche Bank's chief executive said he will put his money where his mouth is, committing to invest his own salary in a bid to turn the institution around. Speaking to analysts and shareholders yesterday, Deutsche chief Christian Sewing said: "No-one ...

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG  |  MONDAY, 8 JUL 2019
... households and financial markets." "In some jurisdictions, the impact may warrant a near term policy response as insurance to maintain the expansion." Swipe left or right through the latest UK economic surveys and indicators and there's no mistaking ...

Sydney advice firm loses AFSL

KANIKA SOOD  |  FRIDAY, 5 JUL 2019
... be able to meet its obligations as an AFS licensee because of its financial position," ASIC said. AWSM is required to maintain their professional indemnity insurance and their dispute resolution system until 31 December 2019 despite the cancellation. ...

HUB24 defends cash accounts

KARREN VERGARA  |  THURSDAY, 4 JUL 2019
HUB24 has slammed a media report that claims its cash account holders will be worse off following the recent interest rate cuts. HUB24 called for a trading halt in light of an article written in the Australian Financial Review published on July 3, claiming ...

ASIC to offer AFSL relief to overseas firms

HARRISON WORLEY  |  THURSDAY, 4 JUL 2019
ASIC has opened consultation on its proposal to scrap the need for foreign providers of funds management services to professional investors to hold an Australian Financial Services Licence. The corporate regulator released consultation paper 315, which ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  THURSDAY, 4 JUL 2019
"China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games ...

Whistleblowers given new protection

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
From July 1, whistleblowers who report misconduct about companies and company officers have more rights and stronger protections. The Corporations Act 2001 has been updated to better protect corporate whistleblowers by requiring their confidentiality ...

Raiz hikes fees for low balances

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... structure will ensure the Raiz app continues to be at the cutting edge. It's crucial that we keep innovating to ensure we maintain this quality of service and product." The fee increase allows Raiz to continue investing in its core technology and ...

Nikko AM names new distribution head

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
Nikko Asset Management has looked within to find its new head of distribution for Australia. The $11 billion asset manager has promoted current head of wholesale sales Rob Bluzmanis to head of distribution for Australia, effective immediately. Bluzmanis ...