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Showing 2261 - 2270 of 8418 results for "Big"

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
AMP and Australia's big four banks have responded to the Royal Commission's interim report on misconduct in the financial services sector. The report, released on Friday, was scathing in its review of Australia's major players in financial services. ...

Fintech hub snaps up Afterpay co-founder

KANIKA SOOD  |  THURSDAY, 27 SEP 2018
... leave the board. Stone & Chalk chief executive Alex Scandurra said: "Leona was a natural choice to step into Craig's very big shoes, given her demonstrated leadership and business success across a variety of relevant industries and business types," ...

AMP ditches SMSF lending

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
AMP Bank has pulled the plug on its SMSF lending business, joining CBA and Westpac. AMP will support current SMSF home loan customers. But starting November, they will not be able to switch to interest-only or refinance their loans. This leaves Macquarie ...

SMSFs seek offshore diversification

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
SMSF investment in international managed funds, ETFs and direct shares continues to climb as exposure to cash and term deposits drops. Latest analysis from SuperConcepts shows allocations to international investments rose by 1.3% in the 12 months to ...

ASIC slams unacceptable reporting breaches

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
... some customers takes even longer, an ASIC review of breach reporting obligations found. In Report 594 released overnight, the big the institutions took 4.5 years to identify an incident that was later determined to be a significant breach. From the time ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
The US Federal Reserve is poised to announce another 25 basis point taking the fed funds rate to 2%-2.25% when it concludes its September FOMC meeting later today. That wouldn't be a surprise. Another 25 basis point hike in December also wouldn't ...

Chief economist update: Stability is doing it for Japan

BENJAMIN ONG  |  MONDAY, 24 SEP 2018
Another new set of tariffs will take effect today in the on-going Sino-US trade battle. Yet most equity markets around the world registered gains last week ahead of its implementation. This is because US-China tariff phase two is less onerous than was ...

Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
On the back of the aged care Royal Commission recently announced, financial advisers should delve deeper into the retirement living conversation with clients, according to a technical services expert. Speaking at yesterday's Challenger Financial ...

Advisers granted stat dec authorisation

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
... important documents verified. Financial Planning Association of Australia chief executive Dante De Gori said the change marks a big win for consumers and the financial advice profession. Advisers now join lawyers, medical practitioners and justices of ...

WTW launches ESG index strategy

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
Willis Towers Watson has developed a new strategy which integrates ESG factors in the investment process with the help of a major index provider. WTW teamed up with MSCI to establish the Adaptive Capped ESG Universal Index. The strategy offers equity ...