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Showing 1511 - 1520 of 7843 results for "Open"

Baird exits NAB

ELIZA BAVIN  |  THURSDAY, 5 MAR 2020
... culture and structural changed being considered will be strong foundations for NAB's future," Baird said. "I have an open mind about what I will do next and will use the time to determine where I believe I can make the best, most fulfilling contribution ...

Pinnacle boutique eyes wholesale market

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
A well-regarded infrastructure boutique, which recently co-invested with HESTA and First State, has opened its strategy to wholesale investors for the first time. Palisade Investment Partners has set up a feeder fund for wholesale investors, which will ...

Colonial First State cuts fees, closes legacy options

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
... premiums will be lowered, according to CFS. FirstChoice Employer Super is closing legacy options (transferring them to other open options) and cutting commission payments. As a result, 18,300 members will get an average benefit of $85 a year. "However ...

Fight for MySuper advice fees kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 3 MAR 2020
... fees to MySuper members as the government implements recommendations from the Royal Commission. Draft legislation currently open for consultation would stop Australians paying for financial advice from their MySuper accounts. The Financial Planning Association ...

Life commissions, referral fees still kosher: AFA

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
A regulatory update at the Association of Financial Advisers' Roadshow event in Sydney provided financial advisers a clear message on life insurance commissions and referral fees, and took aim at a former FASEA board member in the process. AFA general ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
It may have started in China and is infecting its way around the planet but the coronavirus hadn't had much impact on equity markets until it hit investor sentiment on Wall Street. Five straight down days have taken returns on the S&P 500 index ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
... Fargo encouraged employees to meet unrealistic sales goals through "cross-sell strategies"; leading thousands of employees to open new accounts and products for existing customers, often without their consent or under false pretences, with little regard ...

Count Financial treads new path

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2020
... have our new pricing model embedded by 1 July 2020," it said. "Key to bringing our advisers on this change journey will be open communication and collaboration with our advisers, various calculators and tools to assist them and building a "new world" ...

Consultation on mortgage broker best interests duty opens

ALLY SELBY  |  THURSDAY, 20 FEB 2020
The corporate watchdog has started a four week consultation process to draft guidance on the new best interests duty for Australia's mortgage brokers. From July 1 this year, mortgage brokers will be legally required to act in the best interests of consumers ...

ATO clamps down on auditor number misuse

ELIZABETH MCARTHUR  |  THURSDAY, 20 FEB 2020
... before the return is lodged. Grant said in those serious cases the ATO is pursuing prosecution, with "a couple" of cases open at the moment. "We hope to see a result on these cases later this financial year. Hopefully if we get some kind of decent outcome ...