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Showing 231 - 240 of 895 results for "Ken"

RMBS scrutiny could be loosened in US

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
The US Securities and Exchange Commission (SEC) has issued a call for input from investors and market participants on the asset-level disclosure requirements for residential mortgage-backed securities (RMBS). SEC chairman Jay Clayton explained that ...

NAB remediation team swells, no executive bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 7 NOV 2019
... million, when he resigned in February. NAB board directors also had their fees cut by 20% following the resignation of chair Ken Henry. NAB will release a remuneration report next week which is expected to demonstrate substantial changes to the executive ...

SMSF scheme sees creator jailed

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A 51-year-old was found to have unlawfully created, operated and benefitted from a fraudulent self-managed superannuation fund. Kent Nguyen was sentence to three years in prison after pleading guilty to orchestrating an illegal early release of a superannuation ...

Spotlight on super welcomed

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
The government's move to include compulsory superannuation in its retirement income review has been welcomed by the financial services sector. Responding to the government's establishment of a review of the retirement income system, the peak ...

New NAB chief start date announced

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
... approvals. NAB's interim group chief executive Philip Chronican will assume the role of chair of the board of directors from Ken Henry from 15 November 2019. The group's chief financial officer Gary Lennon will be acting group chief executive from November ...

Support staff should meet FASEA standards

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
BT head of financial literacy and advocacy Bryan Ashenden told the Financial Standard and Challenger Technical Services Forum that FASEA standards should raise questions for support staff as well as advisers. Appearing at the event yesterday, Ashenden ...

Australia investor friendly, not consumer friendly: Report

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2019
Morningstar research has revealed Australia is one of the most investor friendly nations in the world when it comes to fees and expenses. However, consumers may be getting the short end of the stick when it comes to fees and charges. The Global Investor ...

One regulatory regime enough: FSC

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
The Financial Services Council echoed the advice of Commissioner Kenneth Hayne in its call for a "significant" simplification of the regulatory system for tax and financial advisers. In a submission to the independent review of the Tax Practitioner's ...

Who foots the bill when super funds merge?

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
Who pays the costs of a merger, REST chair Ken Marshman asked panelists involved in superannuation mergers at the Australian Superannuation Investment Conference yesterday. The panel discussed how mergers will impact the investment strategy of superannuation ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... credits for a period to their investors if they fail to meet the 45-day holding test, the panel's moderator REST chair Ken Marshman asked. "That's another one to manage from a timing point of view... [I guess it is how you] bring together the ...