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Showing 2711 - 2720 of 6264 results for "DET"

Raiz beefs up security with AI

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
Micro-investing platform Raiz Invest struck a deal with a US-based cyber security firm to help protect the platform from hackers. Raiz appointed Seattle-based Versive to deploy its security engine in the platform, which grows at over 20% per quarter. ...

Asset consultant expands capital markets team

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
A former representative of the Reserve Bank of Australia at the G20 Investment and Infrastructure Working Group recently joined an asset consultant with more than $300 billion in funds under advice. Frontier Advisors appointed Philip Naylor to its capital ...

Conflict of interest too great for NULIS: Royal Commission

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
Conflicts of interest between NULIS and NAB Wealth were too great for the superannuation trustee to manage, the Royal Commission has heard today. Counsel assisting Michael Hodge suggested to former NULIS chair Nicole Smith the trustee "simply couldn't ...

ASIC issues permanent ban for theft

JAMIE WILLIAMSON  |  THURSDAY, 9 AUG 2018
An insurance broker who stole from clients has been permanently banned from providing financial services. Brody Glenn Jarman of Yarrawonga, Victoria, was struck off by ASIC after an investigation found he had misappropriated $3,133.36 in client funds. ...

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
Australians, all, there's now 25 million of us... and counting. The Australian Bureau of Statistics (ABS) reported that the country's population reached 25 million shortly after 11pm AEST on August 7. According to the report, population has ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
The corporate regulator will be gifted enhanced enforcement powers via funding from the Federal Government, a sizeable chunk of which will be used to embed staff within the big four banks and AMP. The Federal Government announced it is injecting a further ...

Lose grandfathered commissions, lose business: MLC

KARREN VERGARA AND JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
The financial services Royal Commission questioned if MLC's decision to stick with grandfathered arrangements was in the best interest of members following a large consolidation of superannuation funds that provided an opportunity to remove them. ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
The prudential regulator cautioned against the use of a sole measure to determine whether an underperforming superannuation fund should retain MySuper authorisation. In its latest submission to the Productivity Commission on superannuation's competitiveness ...

Weighing the lucrative expat lifestyle

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
Despite increased complexity in managing their finances, Australian expats are finding themselves with more disposable income and greater savings than ever before. According to a survey conducted by privately-owned wealth management firm Atlas Wealth ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial advice industry is bracing itself for more proposed changes to approved product lists (APLs), remuneration and terminology following the Productivity Commission's inquiry into the state of competition in Australia's financial system. ...