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Showing 1501 - 1510 of 3409 results for "Response"

ASIC dismisses Royal Commission insider trading reports

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... were up significantly. Westpac jumped 7% on a day when the total share market index was only up 2%. ASIC's finding is in response to suggestions from the Labor party that the increase in banking share prices was suspicious. Labor finance spokesperson ...

Frydenberg takes action on banning grandfathered commissions

HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
Consultation is now open for the Federal Government's response to Commissioner Kenneth Hayne's recommendation that grandfathered conflicted remuneration should be eliminated. The new regulation proposes financial product manufacturers to pass on to ...

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
... 1998 (the time of the Asian financial crisis, the Russian debt default and the LTCM collapse) but the Fed's quick response averted a US recession. Perhaps, glowing in its success and the booming dotcoms, the Fed ignored the inversion that started ...

Investors raise alarm on Facebook

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... that depending on the identity of an investment organisation, what it prioritises and how it defines its ethics, its response to the Facebook situation would be different. While Facebook is a concern for investors who prioritise ethics, it's also ...

Natixis bets on thematic investing

KANIKA SOOD  |  WEDNESDAY, 27 MAR 2019
... The launch of Thematics Asset Management, as part of our multi-affiliate asset management model exemplifies Natixis' response turning a long-term trend from a challenge into an opportunity." Thematics Asset Management chair and chief investment officer ...

Powerwrap launches new adviser service

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... and managing their clients' money." Davidson said Tickr will benefit those making the move away from the big banks as a response to enormous change in the industry. "Powerwrap has a strong track record in attracting advisers from these businesses, who ...

CFR, ATO report on SMSF borrowing arrangements

ELIZABETH MCARTHUR  |  MONDAY, 25 MAR 2019
... are not a risk to the financial system. The report by CFR and ATO was commissioned by the government as part of their response to the Financial System Inquiry. The report found limited recourse borrowing arrangements (LRBAs) are almost completely exclusive ...

Morgans Financial licence conditions lifted

ELIZABETH MCARTHUR  |  MONDAY, 25 MAR 2019
A full-service stockbroking and wealth management firm with over 60,000 active clients has had additional licence conditions lifted. Morgans Financial had the conditions imposed in November 2016. ASIC has now removed the conditions as at March 19. The ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... macro dynamics were different in 2011 compared with today, but the lesson from 2011 is that the RBA's non-pro-active response forced it to lower interest rates by more than it should if only it paid attention to the slowing employment growth trend. ...

AMP scraps bonuses

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
... financial performance in 2018." "We recognise that many of our shareholders voted against the 2017 remuneration report in response to wider issues in the business, as well as concerns about the remuneration framework itself." He went on to say the decision ...