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Showing 1671 - 1680 of 5003 results for "CAM"

Enforceable undertakings are effective: Research

KARREN VERGARA  |  FRIDAY, 26 OCT 2018
Despite receiving a bad rap for being ineffective during the financial services Royal Commission, new research finds the majority of enforceable undertakings deter future misconduct. This is according to a joint study conducted by ASIC and the University ...

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
Industry Super Australia suggests the Australian Taxation Office's approach to unpaid superannuation is becoming a moral hazard whereby employers think they can escape penalty. Testimony from the ATO at the Senate Estimates committee for economics this ...

Chief economist update: Fear and loathing on Wall Street

BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
Persistent sell orders have put Wall Street's major benchmark indices either in a correction (defined as a 10% drop from the nearest peak) or on the cusp of one: Nasdaq (-11.5%) and Russell 2000 (-15.6%); S&P 500 (-9.4%) and DJIA (-8.4%). The sell-off ...

ASIC moves on Dollarmites

HARRISON WORLEY  |  FRIDAY, 19 OCT 2018
ASIC is set to review banking and financial literacy programs in Australian primary schools, including Commonwealth Bank's recently criticised Dollarmites program. ASIC said school banking programs are supposed to educate young Australians about the ...

Ban Dollarmites: Spot poll

KARREN VERGARA  |  MONDAY, 15 OCT 2018
Banks should be banned from pedalling financial products in schools, Financial Standard's latest spot poll shows. More than half (53%) of readers agree that CBA's Dollarmites program and any other financial products promoted in schools by financial ...

Advisers: Keep your clients off A Current Affair

JAMIE WILLIAMSON  |  FRIDAY, 12 OCT 2018
Sunsuper chief economist Brian Parker told delegates at the AFA National Adviser Conference their role is to ensure their clients don't end up a case study for A Current Affair. Ending his presentation on the state of the global economy this week, Parker ...

ANZ chief says remediation is "distracting"

KARREN VERGARA  |  FRIDAY, 12 OCT 2018
ANZ chief executive Shayne Elliott has admitted to a parliamentary inquiry that the bank saw its remediation programs as a "distraction" and at one point took up to 15 years to compensate some customers. This morning, Elliott told the House of Representatives ...

You got me at like: Advisers tap social to retain clients

MICHELLE BALTAZAR  |  THURSDAY, 11 OCT 2018
Social-savvy financial advisers share their winning strategies at the AFA conference. Sam Robinson from Pursue Wealth, Nicole Heales from Nicole Heales Financial and Glen James from Fortify Financial have one thing in common: they are all certified ...

Diversification mandates lead the way: Research

DARREN SNYDER  |  THURSDAY, 11 OCT 2018
Alternative risk premia mandates from institutional investors decreased slightly last financial year, but it's hardly a global slowdown, according to an international investment consultant. The latest asset manager intelligence and market trends ...

AFA Foundation celebrates record year

JAMIE WILLIAMSON  |  WEDNESDAY, 10 OCT 2018
The AFA Foundation raised a record amount in FY18, bringing in more than $300,000 for its partner charities. In announcing the result, AFA Foundation chair Olivia Sarah-Le Lacheur thanked AFA members for their generous donations over the last 12 months. ...