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Showing 231 - 240 of 2634 results for "Friday"

Industry body rejects ABA banking code

KANIKA SOOD  |  MONDAY, 10 SEP 2018
... code commences. We will take the new ABA code into account in that review," COBA chief executive Michael Lawrence said. On Friday, the ABA called for credit unions, building societies and mutual banks banks that are not ABA members to adopt the code ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
... safeguarding retirement savings and the stability of the financial system. In his fifth round submission paper released last Friday, counsel assisting Michael Hodge questioned if the regulators have adequately addressed the problematic cultures of superannuation ...

NAB operations lead resigns

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... focused bank in recent years and is on the right path to rebuilding trust within the community. Cahill's last day will be Friday, 14 September 2018.

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... superannuation law was breached. The closing submission on misconduct in the superannuation industry, which was released on Friday night, showed the wrongdoings of retail super funds were dominant in the 223-page document. Counsel assisting Michael Hodge ...

Morrison drops financial services portfolio

JAMIE WILLIAMSON  |  MONDAY, 27 AUG 2018
... Frydenberg and continuing Minister for Finance and the Public Service, Mathias Cormann. The ASX 200 rose following the spill on Friday, having trended downwards all week; by 1.05pm it was up 0.33% from the previous day's close of 6244.

Advice mentoring opportunities abound

JAMIE WILLIAMSON  |  TUESDAY, 21 AUG 2018
... 'revolving door' discipline for those planners contemplating becoming a mentor i.e. retire and walk out the advisory practice on Friday and return on Monday as a coach, supervisor or mentor," Sinclair clarified. "Industry, business knowledge, know-how ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... method of tackling misconduct came under fire as the Royal Commission capped off its round of superannuation hearings on Friday. First up was Tim Mullaly, a senior executive leader in ASIC's financial services enforcement division. He was grilled ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... Commission's inquiry into the state of competition in Australia's financial system. The 686-page document, released on Friday, unveiled larger, highly profitable institutions in banking and insurance have "entrenched market power" driven by opaque ...

SPECIAL FEATURE: Breaking the custody mould

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... teams can allocate attention where it is most needed. "For example, you might have a particular broker where you know that Friday afternoons are not the best time for them. So if a trade comes Friday afternoon, it is more likely to fail than Monday afternoon," ...

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

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
... indication that the central bank does not want this market reaction). The Japanese yen rose to ¥111.25 (from ¥111.41 last Friday) but not before reaching a high of ¥110.75 and the Nikkei-225 index dropped by 1.3%. If I remember correctly, it was only ...