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Showing 1631 - 1640 of 3268 results for "January 29"

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 ...

Macquarie pays the price for poor advice

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2017
Macquarie Equities has shelled out almost $25 million in compensation in the past three years as part of its enforceable undertaking with ASIC. The corporate regulator published an update yesterday as to the remediation program's status, saying it is ...

Cloudy skies in the land of the rising sun

BENJAMIN ONG  |  FRIDAY, 9 JUN 2017
With the prices of Australia's major commodity exports - coal and iron ore -- trending lower this year, let's all spend a minute silence and pray that yesterday's report of a massive slump in exports - down 8.0% in the month of April - was indeed an ...

ASIC launches LIF instrument

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
ASIC launched a new instrument cementing the maximum amount of fees and ongoing commissions advisers can charge on life insurance products as part of industry-wide reforms. The Life Insurance Commissions Instrument will cap advisers' commissions and ...

Education key in combatting elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2017
Financial advice practices will be able to equip staff with greater knowledge and understanding around identifying and preventing elder financial abuse through a selection of new education and training materials. Protecting Seniors Wealth has launched ...

US labour market covfefe

BENJAMIN ONG  |  MONDAY, 5 JUN 2017
America's non-farm payrolls report is called "The Mother of All Economic Reports" for nothing - it moves the US financial markets (and by extension, the global ones) up or down depending on the indications it presents when it's released. The US employment ...

Just what the doctor ordered

BENJAMIN ONG  |  FRIDAY, 2 JUN 2017
You've all heard, read and googled the news - the Australian dollar is taking a battering and is headed down, down. I first came across this when I read Michael Wilson's piece on Bloomberg, "The Australian Dollar's Outlook Darkens" (16 May). Back then ...