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Showing 2071 - 2080 of 3268 results for "January 29"

Punishing Putin (harder)

BENJAMIN ONG  |  WEDNESDAY, 30 JUL 2014
Reports that the US of A and the European Union have expanded the sanctions they've imposed on Russia reminded me of that ancient Spanish torture weapon - the garrotte. Wikipedia describes the garrotte as "a practice of strangulation by which the condemned ...

Market Wrap AM

AAP  |  TUESDAY, 29 JUL 2014
... as part of an economic reform drive. Tokyo rose 0.46 per cent, or 71.53 points, to 15,529.40 - its highest close since January - while Seoul closed 0.74 per cent, or 14.96 points, higher at 2,048.81 but Sydney dipped 0.11 per cent, or 6.1 points, to ...

Macquarie tight-lipped on EU details

LAURA MILLAN  |  FRIDAY, 25 JUL 2014
Macquarie Group said that the Macquarie Private Wealth enforceable undertaking (EU) with the Australian Securities and Investments Commission (ASIC) is "on track," but refused to give more details about the process. An investor presentation made public ...

FSC report warns of default super 'turmoil'

JAMES FERNYHOUGH  |  THURSDAY, 24 JUL 2014
The Fair Work Commission (FWC) review of default superannuation will cost $400 million and throw the superannuation of 2.25 million Australians into "turmoil", the Financial Services Council (FSC) has claimed. The FSC's claims come on the back of a ...

Banks will struggle to profit from super: Sunsuper CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
Banks are going to find it increasingly difficult to make money out of superannuation as the downward pressure on fees continues, according to Sunsuper chief executive Scott Hartley. Hartley said MySuper and increasing transparency - as well as scrutiny ...

Arrows and more arrows

BENJAMIN ONG  |  WEDNESDAY, 23 JUL 2014
It's so stupid, it's become not funny anymore. Talks about easing geo-political risk causing investors to go back into risk assets overnight -- the same way increased geo-political risk sent them away the night before. Geo-political risk down, Wall ...

Mission accomplished?

BENJAMIN ONG  |  MONDAY, 14 JUL 2014
"O Captain! my Captain! our fearful trip is done, The ship has weather'd every rack, the prize we sought is won, The port is near, the bells I hear, the people all exulting..." -- Walt Whitman "The Bank of England's Monetary Policy Committee at its ...

Retired High Court judge to chair CBA review panel

LAURA MILLAN  |  FRIDAY, 11 JUL 2014
Retired High Court Justice Ian Calllinan will head Commonwealth Bank's (CBA) independent review panel for the Open Advice Review program that will assist victims of bad financial advice between 2003 and 2012. Callinan will advise CBA chief executive ...

Macquarie rebukes advice, compliance concerns

LAURA MILLAN  |  TUESDAY, 8 JUL 2014
Macquarie has issued its first public statement since a Senate Economics Committee report flagged "systemic failings of compliance" within its advice business two weeks ago. The group said that it has been working with the Australian Securities and ...

TPB open for TASA registration from today

LAURA MILLAN  |  TUESDAY, 1 JUL 2014
Financial planners who provide tax financial advice can register from today with the Tax Practitioners Board (TPB) to comply with the Tax Agent Services Act 2009 (TASA). The TPB has sent all Australian financial services licensees (AFSL) instructions ...