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Showing 1581 - 1590 of 4024 results for "January"

Poor systems delay MySuper transitions: CFS

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
... blamed the limitation of CBA's systems and lack of operational capacity for failing to meet the Government-mandated 1 January 2014 deadline that default contributions must be paid into MySuper products. Yesterday, senior counsel assisting Michael ...

Janus Henderson promotes Aussie team

KANIKA SOOD  |  MONDAY, 13 AUG 2018
... the team's credit strategy in terms of asset allocation and issuer/security selection. "Since joining the team in January 2018, Shan has established himself as a key member of the team and become integral to the longer-term plans for the Australian ...

IOOF executives dismiss conflicts of interest

KARREN VERGARA  |  FRIDAY, 10 AUG 2018
... to between 0.35% and 0.70%. By not repricing the "back book" of pre-FoFA grandfathered commission arrangements as at 1 January 2014, revenue did not take an $8 million hit. A statement presented to the board justified this decision. It read that although ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... quarter ended five straight quarters of falling jobless rate. The sharp and sequential erosion in business confidence since January this year (-19 reading) to a nine month low -44.9 in July suggests continued upward movement in the unemployment rate. ...

Former advice specialist hired as Zenith analyst

KANIKA SOOD  |  THURSDAY, 9 AUG 2018
... can incorporate into our offering to ensure it maximises the benefits for our financial advice clients," Yap said. In January, Stephen Colwell who had worked at Kearney Group as a financial adviser for about six years was hired as a Zenith investment ...

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
... increased from 3.8 million in 1901 to 5 million in 1918, to 10 million in 1959 to 20 million in October 2004 to 24 million in January 2016. See here for more details. The release is quiet timely for it provided RBA Governor Philip Lowe something new ...

NULIS names new chair

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... misconduct falling below community standards and expectations. In the statements, NAB acknowledged between September 2012 and January 2017, about $35 million in plan service fees were incorrectly charged to 220,460 members and deducted from their accounts ...

ASIC identifies potential risks in ETP market

KANIKA SOOD  |  FRIDAY, 3 AUG 2018
... risk management framework," the regulator said in a statement. The results are based on stakeholder data gathered from 1 January 2016 to 30 September 2017, as well as ETP trading data from ASIC's market surveillance system for the period 2014-17. ASIC ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
... participation rate reaching a record high 79% in June. This compares with America's 4% unemployment rate (the lowest since January 2000) and 62.9% participation rate (the highest participation rate was recorded at 67.3% in January 2018). While this ...

Existing but unregistered advisers at risk

JAMIE WILLIAMSON  |  THURSDAY, 2 AUG 2018
... financial advisers that don't appear on ASIC's Financial Adviser Register will be forced to complete the new exam by 1 January 2019 if they don't register soon. In new guidance issued by the regulator, only those advisers listed on ASIC's FAR between ...