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Showing 2311 - 2320 of 5920 results for "March 27"

BT Financial Group merges wealth businesses

JAMIE WILLIAMSON  |  THURSDAY, 5 OCT 2017
BT Financial Group has consolidated its financial advice and private wealth divisions, removing the general manager of advice role. BTFG's existing client-facing advice and private wealth businesses will now work together as the newly created Advice ...

Advisers flock to non-insto licensees

ALEX BURKE  |  SUNDAY, 1 OCT 2017
The total number of registered financial advisers increased by 10% in the 12 months to March 2017, and non-institutionally-aligned dealer groups captured more than 70% of this growth, according to Rainmaker research. While institutionally-aligned licensees ...

Hiking life premiums is short-term thinking: ANZ Wealth

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
Life insurers need "common sense" when designing more affordable products that are sustainable for consumers and will create sustainable businesses for financial advisers, according to a new ANZ whitepaper. ANZ Wealth's Life insurance: The case for ...

Peak iron ore?

BENJAMIN ONG  |  WEDNESDAY, 20 SEP 2017
Governor Philip Lowe's statement explaining the Reserve Bank of Australia's (RBA) monetary policy decision to keep interest rates unchanged at 1.5% at their 5 September Board meeting, revealed the Australian central bank's optimism over the international ...

Westpac chair joins boutique manager board

KARREN VERGARA  |  MONDAY, 18 SEP 2017
A boutique debt-specialist fund manager appointed a Westpac chair to its board. Metrics Credit Partners (MCP) announced Allan Griffiths will join as a non-executive director and independent chair on September 30. Griffiths is currently a non-executive ...

Not happy enough

BENJAMIN ONG  |  THURSDAY, 14 SEP 2017
Australian consumers are happier in September than last month. The Westpac-Melbourne Institute (WBC-MI) index of consumer sentiment jumped by 2.5% to a reading of 97.9 this month from 95.5 in August with nearly all the survey's sub-indices recording ...

Broaden ASIC banning powers: Report

KARREN VERGARA  |  THURSDAY, 7 SEP 2017
The corporate regulator could soon have increased power to ban "unfit" senior managers, directors and officers of financial services companies. This is the key recommendation the ASIC Enforcement Review Taskforce flagged in its sixth report aiming to ...

Canada economic growth changes gears

BENJAMIN ONG  |  THURSDAY, 7 SEP 2017
The financial headlines talked about the Bank of Canada's (BOC) decision last night to raise its benchmark overnight rate by 25 basis points to 1% - and the Bank Rate and the deposit rate by the same to 1.25% and 0.75% - as having taken the markets ...

Boring is good

BENJAMIN ONG  |  WEDNESDAY, 6 SEP 2017
Less than a fortnight from now, Philip Lowe celebrates his first anniversary as Governor of the Reserve Bank of Australia (RBA) - succeeding Glenn Stevens on 18 September 2016. One thing that could be said about his first year stint as head honcho of ...

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
IMF Bentham today announced it will formally fund an open class action against the Commonwealth Bank relating to alleged breaches of anti-money laundering and counter terrorism financing laws. The class action will consist of shareholders who purchased ...