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Showing 1811 - 1820 of 4880 results for "FAR"

Banks take 1500 days to identify breaches: ASIC

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
... my observation, there has not been enough investment in these systems and processes to date. With the result that it takes far too long for management to meaningfully address conduct problems." Shipton suggested investment in regtech solutions as one ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
Forget John Maynard Keynes. Forget David Ricardo. A new economic sheriff is in town and his name is Donald J. Trump. POTUS has gone against Keynes' counter-cyclical prescription by increasing fiscal spending - tax cuts and increased expenditure ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
The big news overnight comes courtesy of the Bank of Japan (BOJ) or rather speculations (again) that it's discussing possible changes to its looser-than-loose monetary policy. There are so many combinations and permutations as to what the BOJ would ...

Ex-industry super fund chief joins robo-adviser

JAMIE WILLIAMSON  |  MONDAY, 23 JUL 2018
A former industry superannuation fund chief executive has joined the board of a robo-advice platform. Danielle Press is now the first female director on the board of Six Park, bringing 25 years' of experience in financial services. "Danielle brings ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
... Reserve. Apparently, in his mind the Fed's rate rises are undermining "all that we have done". Two interest rate hikes so far this year and the US central bank has already made Trump hot under the collar, the uncertainty is POTUS' reaction when ...

Pressure mounts on regional advice

JAMIE WILLIAMSON  |  MONDAY, 23 JUL 2018
... further undermined as the fallout from the Royal Commission continues. An analysis of the ASIC Financial Adviser Register (FAR) shows 4700 financial advisers are operating outside of Australia's capital cities. This number represents about 25% of ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
Some would call it karma, for many it's just the plain and simple truism that a trade war is a lose-lose proposition. In his quest to "make America great again" and under the guise of "national security", US President Donald Trump kicked off with ...

Independent planning firm jumps into agriculture

HARRISON WORLEY  |  WEDNESDAY, 18 JUL 2018
Growth Farms' recently launched farm leasing fund picked up a cornerstone investment from a $1 billion advisory group. Providence Wealth has made a "substantial" investment in the fledgling Australian Agricultural Lease Fund, making it the fund's cornerstone ...

Wealthier Aussies seeking advice

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JUL 2018
... total market value of super and managed funds. With a market average of 9.7%, those earning more than $130,000 (55.1%) are far more likely to seek financial advice. The next most likely demographic is baby boomers (18.5%), followed closely by over-50s ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... growth (as he should): "Incoming data show that, alongside the strong job market, the U.S. economy has grown at a solid pace so far this year. The value of goods and services produced in the economy - or gross domestic product--rose at a moderate annual ...