Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 311 - 320 of 458 results for "Deem"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
RBA on hold As widely expected, the Reserve Bank of Australia (RBA) left the official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global ...

OwnersAdvisory awarded fintech prize

KERRIE SYDEE  |  MONDAY, 27 JUN 2016
Macquarie owned OwnersAdvisory was recognised at the inaugural Australian FinTECH awards, taking out the best fintech innovation in wealth management category. In its first year, the annual Australian finTECH awards seek to recognise success and innovation ...

Aspen Group CEO, CFO and chair depart in restructure

ALEX BURKE  |  FRIDAY, 10 JUN 2016
The chief executive, chief financial officer and chair of listed property investment firm Aspen Group will leave the company following a planned management restructure. In an ASX statement, Aspen's board said that the group's strategy "can best be pursued ...

Former ANZ planner slapped with ban

KERRIE SYDEE  |  THURSDAY, 9 JUN 2016
ASIC has handed down a one year ban to a former ANZ planner after he was deemed not to be adequately trained or competent to provide financial services. Wayne Meadth was an employee of ANZ from 2004 to March 2014, it was ANZ who lodged a breach report ...

CBA offers more than $4m in compensation

KERRIE SYDEE  |  THURSDAY, 2 JUN 2016
The Commonwealth Bank of Australia (CBA) has offered $4,857,974 in compensation as part of its Open Advice Review program, which has seen over 9000 cases submitted for review. CBA independent expert, Promontory Financial Group, has released its fifth ...

New ETFs launched to cater for BOJ stimulus

MARK SMITH  |  WEDNESDAY, 25 MAY 2016
Japan's fund management industry is launching exchange traded funds to cater specifically for the central bank's massive monetary easing programme. Three new "physical and human capital" ETFs are designed solely for the Bank of Japan, which needs fresh ...

Robo-advice to impact not replace: CFA

KERRIE SYDEE  |  THURSDAY, 28 APR 2016
Robo-advice is set to have the greatest impact on the financial services industry over the next five years, according to new member research by CFA Institute. The Fintech Survey found that 70% of respondents believe that mass affluent investors will ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 29 MAR 2016
US personal income and outlays Sluggish US personal income and spending data have doused speculations of an April rate hike - prompted by St. Louis Fed president James Bullard's comments last week that, "You get another strong jobs report, it looks ...

New framework for in-house investing

DARREN SNYDER  |  MONDAY, 7 MAR 2016
The Centre for International Finance and Regulation (CIFR) has developed a framework for superannuation funds and other asset owners to implement in-house investment management. The framework is included in CIFR's latest research which argues members ...

Advisers halt HNW slide

MARK SMITH  |  TUESDAY, 16 FEB 2016
... HNWs are showing signs of increased 'readiness' to reinvest their cash reserves, relative to a year ago. On average, they deem 42% of their cash reserves to be 'excess', or ready to be invested once the volatility subsides, up from 37% a year ago.