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Showing 1691 - 1700 of 3553 results for "October 2002"

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
In his interview with 'The Independent' earlier this month, the Bank of England's (BOE) MPC external member Gertjan Vlieghe cautioned: "This is an environment where a premature hike would be a bigger mistake than one that turns out to be slightly late." ...

Sydney RE to pay for false ads

JAMIE WILLIAMSON  |  MONDAY, 17 JUL 2017
The Federal Court of Australia penalised a Sydney-based managed investment services boutique for falsely claiming that its projects were approved by ASIC. Huntley Management operates as a responsible entity and custodian for registered schemes and as ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
"It is worth remembering that it can take 18 to 24 months for a monetary policy action to have its full effect on inflation. This means that central banks must target future inflation by anticipating future deviations from target." These were the words ...

AFA collaborating for education framework rethink

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2017
The Association of Financial Advisers is calling on the broader financial services sector to help shape a new framework for adviser education, acknowledging all other existing frameworks in the market. The industry body will work with the Beddoes Institute ...

IRESS and MainstreamBPO in super admin deal

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
Fund administrator MainstreamBPO announced it will acquire a portion of IRESS' superannuation administration business. IRESS has agreed to divest its superannuation administration business for customer-owned banks and deploy 14 super fund clients to ...

MetLife restructures US and UK operations

JAMIE WILLIAMSON  |  TUESDAY, 11 JUL 2017
Global life insurer MetLife will cease to write individual insurance policies in the United States, having established a new firm to house its domestic retail life and annuity insurance divisions. MetLife received final regulatory approval from the ...

AAT upholds ex-AMP adviser ban

KARREN VERGARA  |  FRIDAY, 7 JUL 2017
The Administrative Appeals Tribunal affirmed ASIC's decision to permanently ban a former AMP adviser. The regulator found Rommel Panganiban from New South Wales prioritised his own interests ahead his clients' with no reasonable basis in giving advice. ...

Argo LIC shakes up investment mandate

ALEX BURKE  |  THURSDAY, 29 JUN 2017
Argo Investments' Argo Global Listed Infrastructure company is seeking shareholder approval to make a key change to its investment mandate. Under the current arrangement, the infrastructure LIC has a possible allocation of up to 20% in fixed income ...

The Fed's inflation and asset price conundrum

BENJAMIN ONG  |  WEDNESDAY, 28 JUN 2017
US Federal Reserve Chair Janet Yellen revealed her thoughts on inflation, inflation expectations and asset valuations when she spoke before the British Academy 'President's Lecture' in London last night. Yellen reiterated the message from the 14 June ...

Westpac to review history of new applicants

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2017
Following yesterday's news of another former Westpac adviser being banned by ASIC, the bank has announced that anybody applying for a permanent role with the Westpac Group will now be subjected to a background check. Designed to identify any past instances ...