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Showing 3151 - 3160 of 9740 results for "Major"

FinTech Australia chair steps down

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
... reforms either enacted or in the process of being enacted, such as the fintech regulatory sandbox, retail crowdfunding and major policy reviews around open data and open banking. "It's been an amazing journey to date and I am sure the organisation's ...

Derivatives costly and ineffective: Research

KARREN VERGARA  |  MONDAY, 29 JAN 2018
The majority of superannuation pension products eschew derivative strategies due to high costs and lack of effectiveness, latest research shows. Only one-third (37%) of superannuation funds in Milliman's latest survey are using derivatives to protect ...

Commonwealth Bank appoints new chief executive

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
... noted that CBA's total shareholder return during Narev's leadership is more than 120% - significantly ahead of the other major banks and the ASX 200 average for the same period. Narev said he is delighted to see Comyn will be taking over and described ...

O'Dwyer proposes compulsory unpaid super law

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
... working in the building and construction industry that has some of the highest incidence of non-payment of super. This has a major impact on their retirement incomes. It remains an area of serious concern for the industry and it requires a serious response," ...

UBS restructures global wealth arms

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
UBS is merging its global wealth units as part of a $3 trillion restructure. The newly formed Global Wealth Management (GWM) division will be co-led by Tom Naratil and Martin Blessing as presidents. Blessing was appointed president of wealth management ...

Vertically integrated institutions failing to manage conflicts of interest

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2018
... of the time, favouring their own products and leaving clients ''significantly worse off" in 10% of cases. These are the major findings from ASIC's review of advice provided by vertically integrated institutions from 1 July 2014 to 28 February 2015 and ...

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
... cuts on the fiscal deficit - expected to add US$1.3 trillion to the deficit over the next 10 years; and, the absence of any major global upheaval that would necessitate the safe-haven quality of the US dollar. Mnuchin is correct, the lower US dollar ...

Infrastructure investment needs rethink

DARREN SNYDER  |  WEDNESDAY, 24 JAN 2018
... being invested into the company's existing assets," Langley said. He added the "price elasticity of demand" will also be a major consideration this year. "Companies need to be careful not to increase prices beyond the consumer's willingness to pay. For ...

CBA advice compensation bill balloons

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
CBA is set to compensate a further $1.9 million to customers affected by five former "high-risk" financial advisers, according to ASIC. CBA will review the five former representatives' advice, licenced under subsidiaries Commonwealth Financial Planning ...

Insurtech associations form global alliance

ALEX BURKE  |  TUESDAY, 23 JAN 2018
... the founding members for Global InsurTech Alliance. Asia has seen a spike of insurtech activity in the past two years with major regional innovation hubs taking shape in both China and Singapore. "We recognise that the true power of insurtech is in collaboration ...