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Showing 181 - 190 of 398 results for "Mistake"

Trump's tweets and deeds

BENJAMIN ONG  |  MONDAY, 6 FEB 2017
... learn history are doomed to repeat it." Is current US President Donald Trump repeating then US President Herbert Hoover's mistake, circa the "Great Depression" of the 1930s? According to the 'Library of Economics and Liberty', "Two other areas that Hoover ...

NAB admits data bungle

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2017
... information extremely seriously. We also take full responsibility and we sincerely apologise to our customers for this mistake. The error was caused by human error and identified following our own internal checks and as soon as we realised what had happened ...

How advisers are managing US election concerns

MICHELLE BALTAZAR  |  THURSDAY, 10 NOV 2016
... historically taken their long-term marching orders from U.S. fundamentals," he said. "For 240 years it's been a terrible mistake to bet against America, and now is no time to start. America's golden goose of commerce and innovation will continue to lay ...

US core property on insto agenda

DARREN SNYDER  |  MONDAY, 7 NOV 2016
Australian institutional investors have pursued increased exposure to US core property in 2016 as they exhaust opportunities in local markets and search for global diversification. L&B Realty Advisors executive vice president and senior portfolio manager ...

CBA responds to systemic advice failures

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
The Commonwealth Bank of Australia will repay more than 65% of the $154 million in required compensation estimated by ASIC. In response to ASIC's report 'Financial advice: Fees for no service', CBA has confirmed it will be refunding $105 million in ...

ANZ blames tech and training for bank mishaps

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2016
... not clarifying, so people were being charged that fee when they were transferring between their own accounts. That was a mistake made in the programming - the algorithm, if you will - for doing that," Elliott explained. He claimed that in response to ...

Howard: Bank scrutiny "strange"

KERRIE SYDEE  |  THURSDAY, 6 OCT 2016
The scrutiny of Australia's big four banks has been labelled "strange" by former Prime Minister John Howard, who heralded the institutions as one of four pillars that guided Australia through the Global Financial Crisis. Howard was the first plenary ...

Super guarantee of 12pct a mistake

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
Assuming that saving for retirement is synonymous with superannuation is a mistake according to the Grattan Institute. In its latest research paper the institute claims the assumption is also a trigger behind misguided plans to increase superannuation ...

CBA innovates to help customers avoid late fees

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
The Commonwealth Bank has launched two new bill paying solutions, available via its CommBank app and NetBank. The 'Better Bill Experience' and 'Photo-a-bill' features went live today as a means of assisting customers in managing their bills and avoiding ...

Report outlines impact of MDA operation reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
MDA operator Managed Accounts Holdings (MGP) has released a white paper detailing the potential consequences of pending regulatory reform to the operation of managed accounts. The report, entitled 'The limited discretion clock is ticking', highlights ...