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| | | ... conduct. Under the law, the maximum penalty for each individual breach is between $1.7 million to $1.8 million, adding up to close to $500 million combined. During the Royal Commission NAB identified that misconduct stemming from the program went undetected ... |
| | | | ... for inflation to pick up, but to do so only gradually. In both headline and underlying terms, inflation is expected to be close to 2% in 2020 and 2021." Concluding with the assurance that: "The board will continue to monitor developments, including in ... |
| | | | Superannuation funds now have close to $240 billion in unlisted assets, but retail funds have a smaller proportion of their assets allocated to them than five years ago. The lion's share of the unlisted assets (such as infrastructure, private equity ... |
| | | | "I see trees of green, red roses too I see them bloom for me and you And I think to myself what a wonderful world." - Louis Armstong It could only be because I got up on the right side of the bed this morning and/or the sun is shining after several ... |
| | | | Australia's high net worth investors are looking for more from their wealth advisers, including broader access to alternatives. The 2019 Powerwrap and Investment Trends HNW Investor Report shows 58% of HNWs have unmet advice needs, an increase of four ... |
| | | | The Financial Adviser Standards and Ethics Authority has released the results from the financial adviser exam held in September, which 1697 financial advisers sat. The exam was held in eight metropolitan and nine regional centres between 19 September ... |
| | | | It won't be over till it's over. Yes Virginia, the uncertainty that is Brexit festers on, pushed further until Britons have cast their vote at (yet another) general election to be held on 12 December (December 13 in Australia) and from there ... |
| | | | A $3 billion industry superannuation fund has added a new head of member experience from Macquarie Group. Club Plus Super has confirmed the appointment of Carolyn Tait to the lead member experience role, effective this week. The appointment follows ... |
| | | | With interest rates at record lows, Fidelity International believes investing in emerging markets may be the saving grace for many investors feeling the pinch. Speaking at the Fidelity Emerging Markets Adviser Forum in Sydney, Fidelity's cross asset ... |
| | | | ... Australia Post Superannuation Scheme, effective October. At the same time, Jim Marshall stepped down from the APSS board after close to nine years. Marshall also served as chair of the fund's investment committee during that time. Replacing him ... |
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