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Showing 3271 - 3280 of 6605 results for "Future2"

FOFA breach sees former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2017
A former Magnitude Group financial adviser was banned by ASIC for breaching the best interest duty introduced under the Future of Financial Advice reforms. Jason Sean Atkins of Perth is prohibited from providing financial advice for three years after ...

Digital revamp for Citi wealth arm

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2017
Citi Australia's wealth management and advice arm is ramping up its digital offerings in an effort to be a leader in the region. Speaking at a Sydney media roundtable yesterday, Citi Australia head of consumer banking in Asia Pacific, Anand Selva, said ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
"It is worth remembering that it can take 18 to 24 months for a monetary policy action to have its full effect on inflation. This means that central banks must target future inflation by anticipating future deviations from target." These were the words ...

Countplus sells off underperformers and merges firms

ALEX BURKE  |  FRIDAY, 14 JUL 2017
Countplus merged two member firms and sold three others following its strategic review which also led to the group not paying a dividend for the June 30 quarter. The firms being sold, Countplus explained, generated an aggregate operating loss of about ...

AFA collaborating for education framework rethink

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2017
The Association of Financial Advisers is calling on the broader financial services sector to help shape a new framework for adviser education, acknowledging all other existing frameworks in the market. The industry body will work with the Beddoes Institute ...

IRESS and MainstreamBPO in super admin deal

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
Fund administrator MainstreamBPO announced it will acquire a portion of IRESS' superannuation administration business. IRESS has agreed to divest its superannuation administration business for customer-owned banks and deploy 14 super fund clients to ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
Janet's in the house. US Fed Chair Janet Yellen's much-awaited testimony did not differ greatly from what was already divulged in the FOMC statement released on 14 June - when the Fed raised the fed funds rate by 25 basis points to 1%-1.25%. In her ...

Xero seeks global growth, director steps down

EMMA RAPAPORT  |  WEDNESDAY, 12 JUL 2017
New Zealand-based accounting software company Xero has reaffirmed its commitment to machine learning and artificial intelligence to reduce compliance costs and arm accountants and financial advisers "with the tools required to support the world's small ...

Credit firm expands to Hong Kong

ALEX BURKE  |  MONDAY, 10 JUL 2017
The Asia-Pacific executive director at a prominent Australian credit specialist is relocating to Hong Kong to build out a presence there. Hung Fei Chan joined La Trobe Financial in 2013, having previously worked at law firms including Minter Ellison ...

Looking ahead key to flipping bad money habits

JAMIE WILLIAMSON  |  MONDAY, 10 JUL 2017
About 10% of Australians struggle so much with debt that it directly impacts their wellbeing and UBank believes widespread financial mismanagement is the result of a severe disconnect from our future selves. UBank, NAB's digital-only offering, conducted ...