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Showing 2611 - 2620 of 6264 results for "DET"

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
More investors are turning to fixed income ETFs as a way to finetune their bond portfolios. Karren Vergara finds out what is driving the demand and why this new wave of defensive ETFs is here to stay. Recalling the sharp market correction that stung ...

ASIC bans Perth adviser

KANIKA SOOD  |  THURSDAY, 15 NOV 2018
ASIC has banned a Perth-based adviser after a court found he stole more than $100,000 of superannuation money from his clients. Craig James Wilson was employed by an advice firm that was a representative of the Westpac-controlled licensee Securitor ...

Government amends key super reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 14 NOV 2018
Amending the Protecting Your Super reforms, the Federal Government has made an exception to the opt-in life insurance changes to ensure coverage for Australians working in dangerous occupations. Addressing delegates at the 2018 ASFA Conference, Assistant ...

We must do better: ASFA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 NOV 2018
Improvement is a ceaseless quest and Australia's superannuation industry must do better to ensure positive outcomes for members. Opening the 2018 ASFA conference in Adelaide this morning, ASFA chair Michael Easson didn't shy away from the criticism ...

FPA fines Henderson $50k

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
The Financial Planning Association of Australia slapped a $50,000 fine on former member Sam Henderson for breaching its professional code of conduct nine times. The FPA's independent disciplinary body, the Conduct Review Commission (CRC), determined ...

ASX dismisses concern over AMP sale

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
Following shareholder concern, the ASX has determined AMP does not require shareholder approval to move forward with the planned $3.3 billion sale of its wealth protection businesses. On Friday the exchange confirmed AMP was not required to seek shareholder ...

Westpac cops BBSW fine

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
Westpac will pay a $3.3 million penalty over its involvement in the bank bill swap rate saga that's ensnared Australian banks this year. On Friday the Federal Court ordered the bank pay $3.3 million for contravening the ASIC Act in its involvement in ...

Scrapping LRBAs would be detrimental to investors

DARREN SNYDER  |  WEDNESDAY, 7 NOV 2018
A commercial property lender believes banning limited recourse borrowing arrangements in their entirety would be too heavy handed, saying critics often cite residential property spruikers to cast shadows. Thinktank chief executive Jonathan Street said ...

GAM chief executive steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 7 NOV 2018
Alex Friedman has stepped down as chief executive of GAM effective immediately, with the group saying its next stage of evolution would be best served by new leadership. The latest development in what has been a tough few months for the Swiss-based ...

Macquarie to front Royal Commission

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
Macquarie Group will front the financial services Royal Commission for the first time when the inquiry reconvenes for its final round of public hearings. Commissioner Kenneth Hayne released the list of entities called to give evidence in the seventh ...