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Showing 1471 - 1480 of 2995 results for "Problem"

Wake-up call for watchdog after inquiry

LAURA MILLAN  |  TUESDAY, 22 APR 2014
... that allow the regulator to focus on the industry's systemic problems. "Everybody looks at the regulation, but the real problem is a cultural one: people who put commercial interest on top of everything else," he said. To Rantall, it all comes back to ...

Portfolio disclosure's unintended consequences

ALEX DUNNIN  |  TUESDAY, 22 APR 2014
... East Asia, a global portfolio management solutions software provider servicing alternative investment managers, said the problem is not that private equity managers don't want to disclose this information to their investors, it's that disclosing this ...

US fight over adviser fiduciary rules nears end

ALEX DUNNIN  |  THURSDAY, 17 APR 2014
... retreated to improved conflicts of interest disclosure, rather than actual removal of these conflicts. Highlighting the problem is a survey published on the WSJ website that reports 80% of US advisers receive their primary income from product commissions. ...

Professor proposes cheap longevity insurance design

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
... According to Moshe A. Milevsky of York University, Toronto, while lifetime and deferred lifetime annuities (DLAs) solve the problem of longevity risk, they are "bloody expensive." His solution is the 'return contingent life annuity'. "The problem is ...

SMSFs want access to infrastructure and corporate bonds

JAMES FERNYHOUGH  |  MONDAY, 14 APR 2014
... submission also touched on limited recourse borrowing arrangements (LRBAs). While SPAA argued that there was no intrinsic problem with the way SMSFs use LRBAs, it did express some concern over the "increased property spruiking targeting SMSF trustees ...

ASIC admits wrongdoing in Senate hearing

LAURA MILLAN  |  FRIDAY, 11 APR 2014
The Australian Securities and Investments Commission (ASIC)'s top officials admitted that the regulator could have done more to prevent poor advice and malpractices in a tense five-hour Senate hearing. The hearing focused on ASIC's performance in dealing ...

CBA promoted Nguyen to keep him away from clients

LAURA MILLAN  |  THURSDAY, 10 APR 2014
... wild, he was rogue." Berrill said that the problems were not limited to Nguyen and added that the bank had "a big cultural problem and boiler room mentality." "Nguyen had been so successful that he was being promoted as the 'pin up boy' and there was ...

BOE has a problem to smile about

BENJAMIN ONG  |  WEDNESDAY, 9 APR 2014
... steady as she goes and of course... provide "forward guidance". The only difference is that BOE Governor Mark Carney's problem is the kind of problem everybody likes to have. Before Mark replaced Sir Mervyn as king of the BOE last 1 July 2013 - financial ...

AstuteWheel launch estate planning tool

LAURA MILLAN  |  MONDAY, 7 APR 2014
AstuteWheel have launched an estate planning tool that helps advisers gather their clients' information before they meet with the solicitor. "Usually clients don't know where to start when it comes to estate planning and unless the adviser knows how ...

APRA requests more decision-making power

JAMES FERNYHOUGH  |  MONDAY, 7 APR 2014
The Australian Prudential Regulation Authority (APRA) has used its submission to the Financial System Inquiry to call for increased independence from government. APRA's submission argues that it needs more freedom to regulate the banking, superannuation ...