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Showing 311 - 320 of 486 results for "Article 50"

The bad and the bad and the bad

BENJAMIN ONG  |  MONDAY, 20 APR 2015
It's bad, it's bad, it's bad you know it. They say bad news come in threes - we've got all three at the end of last week. Greece running out of money and reform deal still looks unlikely heading into its meeting with 'the institutions' four days and ...

Go south young (China) man

BENJAMIN ONG  |  FRIDAY, 10 APR 2015
There was fear and a lot of uncertainty - perhaps even the biblical gnashing of teeth - back then, back during the late years leading to the expiry of the United Kingdom's 99-lease on Hong Kong from China on 1 July 1997. In Wikipedia's words, "Many ...

Funds wrestling with liquidity problem

MARK SMITH  |  TUESDAY, 7 APR 2015
Future Fund managing director David Neal has expressed concern at the lack of safe, liquid investments available for institutional investors to deploy their vast amounts of cash. Asked at an Association of Superannuation Funds of Australia (ASFA) Investment ...

Rice Warner chief supports commissions cap

ALEX BURKE  |  THURSDAY, 2 APR 2015
Rice Warner chief executive Michael Rice said the commission structure proposed in the Trowbridge Report is a "necessary improvement". In an article written for Rice Warner's INSIGHTS section, he noted the difficulty of changing established remuneration ...

A win-win currency war?

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2015
Whoopsie, I just got caught sleeping behind the wheels (er, keyboard). I just found out that there's now a term for the current "patient"-induced volatility in the financial markets. Reuters called (past tense) it "patient panic" in its published article  ...

AMP practice to pay $10,200 penalty

LAURA MILLAN  |  THURSDAY, 12 MAR 2015
A financial planning practice licensed under AMP-owned Charter Financial Planning has been fined with $10,200 for misleading advertising. Victoria-based Australian Financial Planning Solutions (AFPS) has been hit with $10,200 in penalties after the ...

Medcraft addresses ASIC's NAB response

ALEX BURKE  |  THURSDAY, 26 FEB 2015
In his opening statement to the Senate Economics Legislation Committee, ASIC chair Greg Medcraft addressed the recent media coverage of NAB Wealth's compensation to its advice clients. "We have started our information gathering from NAB Wealth using ...

A little tweet told me

BENJAMIN ONG  |  THURSDAY, 26 FEB 2015
"Profit is sweet, even if it comes from deception." -Sophocles Breakfast wasn't nice for me yesterday. Nah, Virginia, it wasn't because the toast was burnt or the bacon and eggs semi-cooked. It's because I was eating my own words with my foot in my ...

NAB denies failing advice clients

ALEX BURKE  |  MONDAY, 23 FEB 2015
NAB Wealth has responded to media allegations of professional misconduct. After Fairfax Media published reports suggesting "forgery" and "rogue advisers" were rife within NAB's financial advice arm, NAB Wealth group executive Andrew Hagger said in a ...

Breathing space or gasping room?

BENJAMIN ONG  |  MONDAY, 23 FEB 2015
"ATHENS - After nearly two weeks of tense negotiations, Greece and its troika of foreign creditors said Monday that they had clinched an agreement on economic measures that Athens must enforce to secure the release of further crucial rescue money." ...