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Showing 1521 - 1530 of 4546 results for "October"

NAB faces half a billion in fines

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
... from the program went undetected until 2015 due to there being no lead, with a general manager only being appointed in October 2016, a lack of systems to monitor or review introducers, and controls over the program heavily relying on bankers. From 2013 ...

CBA wealth boss to exit

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
... a division of the FirstRand Banking Group in South Africa. One year on from NewCo CBA hired Yetton from SocietyOne in October last year to lead its wealth and mortgaging businesses as the bank planned to spin them off as a separate entity, christened ...

Magellan hires Macquarie insto head

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... this, he worked in institutional sales roles at Schroders and Legg Mason. Magellan managed $93.5 billion at the end of October. It recently launched a listed investment trust for its high conviction strategy and is working on a retirement income product. ...

Calls for clarity on personal advice in DDO

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... a third party entity which is not an associate of the platform provider," the FSC said in its submission published on October 29. "Similarly, financial advice dealer groups and financial advisory intermediaries are a common distribution channel for financial ...

Ethics code creates confusion around ESG

ELIZABETH MCARTHUR  |  MONDAY, 11 NOV 2019
... client's broader, long-term interests and likely circumstances. In the Code of Ethics Guidance, which FASEA released on 18 October 2019, there is this explanation offered in relation to Standard Six: "Where your clients indicate they only wish to invest ...

Chief economist update: Santa Claus is coming to town

BENJAMIN ONG  |  MONDAY, 11 NOV 2019
... report, "the sales tax rise and harsh weather conditions affected demand, as new order growth eased to a 17-month low in October." But Japan's outlook has also improved, "new client wins supported a mild expansion in new business, extending the current ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... year. The Bank of England's (BOE) monetary policy statement published after the monetary policy committee meeting of October 7 - where it kept policy settings unchanged - was more optimistic on Brexit. "In October, the UK and EU agreed a Withdrawal ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... then, it's let its mouth do the policy adjusting - or in the vernacular, verbal intervention. It did it again at its October meeting - it kept monetary policy settings unchanged while at the same time stating that: "The bank will not hesitate to ...

Super fund adds industry veteran

JAMIE WILLIAMSON  |  WEDNESDAY, 6 NOV 2019
... Templeton to its board of directors. Maria Wilton has joined the board of the Australia Post Superannuation Scheme, effective October. At the same time, Jim Marshall stepped down from the APSS board after close to nine years. Marshall also served as ...

Vanguard swoops on superannuation

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
... product, saying it's too early. Bowerman also chairs the SMSF Association's board, replacing Deborah Ralston in October after she stepped down to sit on the panel for the retirement income review, which is due to release a public consultation ...