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Showing 1691 - 1700 of 4761 results for "July 2014"

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
... understand that some issuers may have difficulty implementing changes to delete the line about exit fees from their template by 1 July (although it will be blank) and encourage them to make this change as soon as possible," the corporate regulator said. ...

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
The Fed's decision to maintain current policy settings at the conclusion of last night's FOMC meeting doesn't make for much except for self-congratulations and back-patting. What matters more is the forward guidance implicit in the FOMC ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... that something has gone so wrong... very wrong. The CME Group's website shows the Fed would likely deliver a cut in July - with 66.8% certainty (versus 23.2% a month before) - to 2.0-2.25%, and then a follow-up reduction to 1.75%-2% - with 49.6% ...

AustralianSuper, Link renew mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUN 2019
AustralianSuper has renewed its long-running mandate with Link Group. Australia's largest super fund has extended its relationship with Link for a further four years commencing July 1, with two options for the fund to roll for an additional year ...

ASIC approves AFCA rules change

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
ASIC has approved changes to the Australian Financial Complaints Authority rules for legacy complaints. The ASIC approval gives effect to the AFCA authorisation condition introduced by the government earlier this year. Under the government's additional ...

New AFCA remit not enough: Law firm

KANIKA SOOD  |  MONDAY, 17 JUN 2019
A law firm has approached the Treasury with concerns the reforms made to the Australian Financial Complaints Authority after the Royal Commission are flawed and need urgent amendment. In February, the Federal Government expanded AFCA's remit to give ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
The Aussie dollar is down. Repeat, the Aussie dollar is down! The A$/US$ exchange rate closed at US$0.6879 - down 2.3% this year to date its lowest level in three years - at the end of last week's trading. The local currency is down 1.8% (year-to-date) ...

ANZ cleared of $50m fee bungle

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
ASIC has cleared ANZ of the $50 million fee-for-no-service misconduct connected to its Prime Access offering. The corporate regulator said it is satisfied by the audited attestation it received from ANZ, signed by managing director private banking and ...

Fund manager exits global debt, chief resigns

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2019
Supervised Investments' chief executive Michael Ohlsson has resigned following a decision by the fund manager to pull out of global debt markets. In a statement to Financial Standard, Ohlsson said Supervised Investments Australia Limited (SIAL) has ...

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
The $6.5 billion superannuation fund is "substantially" reducing premiums for younger members at the expense of members aged 50 and over. LUCRF Super is changing death and TPD, and death insurance cover from July 1 as part of the new Protecting Your ...