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Showing 1621 - 1630 of 3264 results for "January 2014"

Not so happy EOFY for the All Ords

BENJAMIN ONG  |  MONDAY, 3 JUL 2017
Hawkish central bank speaks may have damped equity market sentiment in towards the dying days of June, but Australian equities less so - the All Ordinaries index outperformed (up 0.05% over the month) both developed market equities (down 3.17%) and ...

The Fed's inflation and asset price conundrum

BENJAMIN ONG  |  WEDNESDAY, 28 JUN 2017
... Oxford Economics (4.5%) the OECD (4.9%). But instead of lifting, US core CPI inflation eased to 1.7% in May from 2.3% in January (unemployment rate at 4.8%) and the core PCE price index - the Fed's favoured inflation gauge - decelerated to 1.5% in April ...

ASIC bans ex-AMP adviser

KARREN VERGARA  |  TUESDAY, 27 JUN 2017
ASIC permanently banned a Perth-based financial adviser for acting dishonestly and breaching his best interest duties in providing superannuation and insurance advice. David Fong was an authorised representative of AMP Financial Planning between January  ...

REST CEO moves on, custodian renewed

EMMA RAPAPORT  |  MONDAY, 26 JUN 2017
Long-serving chief executive of REST Industry Super, Damian Hill, has advised the board of his intention not to seek a renewal of his employment contract at its conclusion in January 2018. Hill, who first joined the fund in 1999 as administration manager ...

Regulator bans adviser for seven years

JAMIE WILLIAMSON  |  FRIDAY, 23 JUN 2017
A former Brisbane-based financial adviser was banned by ASIC for seven years for failures to comply with financial services law, including falsifying insurance applications. The regulator found Robert Gunner contravened financial services law between ...

Oil's not so slick

BENJAMIN ONG  |  TUESDAY, 20 JUN 2017
It has only been less than a month - 25 May -- since the Organisation of Petroleum Exporting Countries (OPEC) announced the extension of crude oil production cuts by nine months to the last day of March 2018 but oil prices are sliding again. The deal ...

Central Banks fail to disappoint

BENJAMIN ONG  |  MONDAY, 19 JUN 2017
Central bank decisions, forward guidance or even a word change in policy statements move markets. Not that anyone has to be reminded about this truism of course. The world's four major central banks - the Fed, the ECB, the BOJ and the BOE - and the ...

Age Pension changes looming

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
Financial advisers should be mindful of important changes to the Age Pension effective July 1. The qualifying age will progressively increase by six months every two years, and by 1 July 2023, will reach 67-years-old for those born on or after 1 January  ...

Confidence: the business/household divide

BENJAMIN ONG  |  WEDNESDAY, 14 JUN 2017
Yesterday's NAB Monthly Business Survey report confirmed that the first quarter slowdown in Australia's economic growth (to 1.7% from 2.4% in the December quarter) was anything but transitory. Although the business conditions index dipped by one point ...

Fiduciary rule introduced in United States

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2017
Financial advisers in the United States are now required to act in the best interests of clients in a bid to prevent the US$17 billion lost by retirement savers each year. Last Friday, the US Department of Labor partially introduced the impartial conduct ...