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Showing 1581 - 1590 of 3558 results for "October 28"

Chief economist update: Build, build, and build some more

BENJAMIN ONG  |  TUESDAY, 30 JAN 2018
A number of market moving events and economic releases are scheduled for this week - ones that could either preserve or disrupt the status quo. In America, President Donald Trump will deliver his 'State of the Union' address and the Fed meets for the ...

ASIC ramps up surveillance and remediation after adviser conflict report

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
ASIC is ramping up its surveillance and remediation processes to help curb further adviser conflicts of interest within vertically integrated institutions. In light of the Report 562 findings, which examined adviser conflicts of interest across bank-owned ...

UBS restructures global wealth arms

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
UBS is merging its global wealth units as part of a $3 trillion restructure. The newly formed Global Wealth Management (GWM) division will be co-led by Tom Naratil and Martin Blessing as presidents. Blessing was appointed president of wealth management ...

FPA clarifies role in shaping existing adviser standards

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2018
The Financial Planning Association of Australia has distanced itself from the draft education guidelines for existing advisers proposed by the Financial Adviser Standards and Ethics Authority, despite having its own accreditation standards at their ...

Chief economist update: No stealth tapering, no exit strategy...yet

BENJAMIN ONG  |  WEDNESDAY, 24 JAN 2018
"QQE with Yield Control" is here to stay as long as it's necessary to "achieve the price stability target of 2 percent" and "stays above target in a stable manner". The Bank of Japan (BOJ) couldn't be clearer on its forward guidance following the conclusion ...

MetLife awards $11bn custody mandate

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
MetLife Australia is included among a $10.9 billion custody mandate awarded by its global parent across three key Asia Pacific markets. The US-based life insurer awarded the US$8.7 billion ($10.9 billion) custody mandate to HSBC Securities Services. ...

IOSCO issues caution over ICOs

DARREN SNYDER  |  FRIDAY, 19 JAN 2018
The International Organisation of Securities Commissions warns Initial Coin Offerings (ICOs) have clear risks and are highly speculative investments. IOSCO, seen as the global standard setter for securities regulation, said ICOs are not standardised ...

Industry fund cuts life premiums, renews insurer

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
An $11 billion industry superannuation is reducing its life and total and permanent disability (TPD) insurance premiums for younger members by as much as 50%. MTAA Super recently renewed its long-standing partnership with MetLife to June 2020. The pair ...

Chief economist update: The good news and the good news

BENJAMIN ONG  |  FRIDAY, 19 JAN 2018
... slow to 6.6% in 2017 back in April last year (from 6.7% in 2016), before upgrading it to 6.7% in July and then 6.8% in October (well, as it turned out, that too fell short). The World Bank forecasts were no different. It, too, expected a slowdown, predicting ...

ANZ Wealth tests AI-driven underwriting

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
ANZ Wealth is exploring artificial intelligence opportunities to improve its underwriting processes. The collaboration with the Advanced Analytics Institute at the University of Technology Sydney (UTS AAi) will use machine learning and big data to develop ...