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Showing 2861 - 2870 of 12434 results for "General"

Super consumer body grateful for intervention

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
With just 18 months of funding left, Super Consumers Australia has been handed a potential lifeline by the government. After the government announced it would take its first steps towards fulfilling a recommendation of the Productivity Commission to ...

FASEA under pressure on managed accounts

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
... some form of adjudication will feel in the least bound with this idea that the code only needs to be complied with in a general sense," Potter said. A lawyer in the IMAP regulatory group pointed out to Potter that explanatory guides are only referred ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... Monetary policy operates with a lag - it takes about 12 to 15 months for higher/lower interest rates to flow through into the general economy; the RBA exudes optimism with its statement "the Australian economy appears to have reached a gentle turning ...

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
A $57 billion industry superannuation fund has revealed details of its new group insurance offering, having transitioned to a new provider as of this month. As of December 1, the group insurance available to Rest members is provided by TAL after the ...

Non-compliant personal advice rife at super funds: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... This included a mix of intra-fund advice (14%), scaled advice (29) and comprehensive advice (57%) but did not include general advice. Industry funds provided 128 files; 59 files came from retail funds; 30 files were obtained from corporate funds; and ...

Deutsche Bank offloads $76b in assets

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
Deutsche Bank has offloaded $76 billion in assets to Goldman Sachs as part of the lender's restructuring plan. Germany's biggest bank has been undergoing a major restructuring as it struggles to compete in tough market conditions. The assets were tied ...

Industry fund for coal miners on ESG journey

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
... with key industry figures who have built reputations on ethical investing to defend Mine Super's position. Ethinvest general manager and board member for the Ethical Advisers' Co-op Fiona Thomas was also on the panel with Russell Investments ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... optimism that, "one day my prince will come", and eventually the lagged effects of monetary policy will flow through into the general economy. However, given the prevailing sense of uncertainty in the global economy (despite recent optimism over a US-China ...

Regulators quash remuneration rumours

ELIZABETH MCARTHUR  |  THURSDAY, 28 NOV 2019
... Commission." She also said the regulator's work on advice in superannuation is almost complete, as is its work around general advice. Finally, discussing ASIC's recent announcement around the enforcement of the Code in the absence of code monitoring ...

FASEA exam tips from those who passed

ELIZABETH MCARTHUR  |  THURSDAY, 28 NOV 2019
... advisers to "identify their obligations under the Code of Ethics". "The questions posed will require advisers to provide general knowledge despite their area of specialisation," Glenfield said. However, he countered concern on this point by saying that ...