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Showing 1691 - 1700 of 5176 results for "YES"

First quarter stasis and A$ ADHD

BENJAMIN ONG  |  THURSDAY, 27 MAR 2014
... you thought, picking the equity market is tough... say a little prayer for those who earn their dough trading real doughs. Yes Virginia, it's splashed all over the front pages today. The Australian dollar has climbed to a four-month high (and rising?). ...

Industry pushes for more consumer protection under FoFA

LAURA MILLAN  |  TUESDAY, 25 MAR 2014
The financial services industry has welcomed the Finance Minister Mathias Cormann's decision to temporarily freeze the amendments to the Future of Financial Advice (FoFA) legislation, which some stakeholders believe will lead to increased consumer protection. ...

Silk questions value of financial services intermediaries

LAURA MILLAN  |  TUESDAY, 25 MAR 2014
AustralianSuper chief executive Ian Silk has questioned the value of financial services intermediaries such as advisers, mortgage brokers and superannuation trustees. Silk spoke yesterday at a panel session on "the over-intermediation of financial services" ...

Gonski questions concept of board independence

JAMES FERNYHOUGH  |  TUESDAY, 25 MAR 2014
Former Future Fund chair David Gonski has questioned whether there is really such a thing as an 'independent' director, arguing that independence is a "state of mind". Speaking at the Australian Institute of Superannuation Trustees' (AIST) Conference ...

A$ rising on China slowing

BENJAMIN ONG  |  TUESDAY, 25 MAR 2014
Uh-oh, Governor Glen Stevens won't be a happy little Vegemite this morning. No Virginia... not with headlines proclaiming the Australian dollar's comeback - as in, it's again on the rise against the US dollar. My Bloomberg screen shows the A$ fetched ...

British govt to introduce pension choice

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
The British government is proposing a radical overhaul of the nation's private pensions system and will introduce choice of retirement product and simplify retiree taxation structures. The proposals were announced in the British 2014 Budget that was ...

Industry receives FoFA bill with mixed feelings

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
The financial services industry and the advice community have has mixed reaction to the bill introducing changes to the Future of Financial Advice (FoFA) with mixed reactions. "The Financial Planning Association is supportive of the amendments, other ...

Cormann to take over Sinodinos' duties

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
Former Assistant Treasurer Arthur Sinodinos' portfolio will now fall under the Ministry of Finance, headed by Mathias Cormann. Prime Minister Tony Abbott confirmed yesterday during a parliamentary session that the financial services industry will be ...

Government limits general advice exemption in FoFA amendments

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
The Future of Financial Advice (FoFA) amendments bill that was introduced into the Parliament yesterday has limited the general advice exemption, but does not explicitly forbid commissions. The Corporations Amendment (Streamlining of FoFA) Bill 2014 ...

Quicker and faster hikes

BENJAMIN ONG  |  THURSDAY, 20 MAR 2014
... zero currently) at end-2015 and 2.25% a year after - up from December's guesses of 0.75% and 1.75%, respectively. Faster! Yes guesses! The same way ALL Feddies - including Janet -- under Bernanke guessed that it would take a looong time before the unemployment ...