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Showing 311 - 320 of 1076 results for "NOTHING"

Statements of Advice: Out with the old

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
... unsustainable. "We're wedded to producing advice using technology that was invented in 105B.C. - we're in 2018. There is nothing in the Corporations Act or in ASIC regulatory guidance that says we need to provide advice on paper," Marshan said. Despite ...

ASIC admits AMP inaction

JAMIE WILLIAMSON  |  FRIDAY, 22 JUN 2018
... confidentiality and are also acutely aware that the announcement of an investigation - even if they are later found to have done nothing wrong - can have detrimental effects on entities and people." Mullaly then acknowledged ASIC had been provided with ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
... speculations that it will raise the Bank Rate by 25 basis points that day. It didn't. I'm tempted to scribble, it did nothing but then it's more accurate to say that the BOE reacted to changed developments in the UK economy. UK GDP growth ...

Two-tier super system emerging: KPMG

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
... vertically-integrated wealth businesses will see greater pressure placed on some sectors of the industry - we must hope that nothing happens which would run counter to the interest of fund members - and possibly prejudice the ability of funds to meet ...

Adviser disciplinary regime has holes: AFA

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
... association is inherently less serious as membership is not yet mandatory and there are multiple to choose from. There is also nothing stopping an adviser that is under investigation from their association from taking up membership with another association ...

NAB to divest MLC

ALEX BURKE  |  THURSDAY, 3 MAY 2018
... the MLC brand, to Nippon Life in 2015. In a media briefing, NAB chief executive Andrew Thorburn said the divestment has "nothing to do with what has come out in the Royal Commission," and that the process began in June 2017. The Commission recently referred ...

Adviser regulation lacking a professional body, RC hears

KARREN VERGARA  |  FRIDAY, 27 APR 2018
... Darren Tindall. After conducting its own investigation, the AFA's internal Membership Review Committee recommended for nothing less than a suspension or the association will "significant reputational risk" as the two members have "attracted substantial ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... because market players' thoughts were on something, someone, or someplace else. Perhaps it was because there was really nothing new in the latest domestic inflation update to write home to mother about - or both. Australian headline CPI inflation increased ...

Chief economist update: Malcolm puts agricuture in the middle

BENJAMIN ONG  |  MONDAY, 23 APR 2018
... accounts for only 2.2% of total employment. Agriculture accounts for around 12% of Australia's total exports which is nothing to sneeze at but its agricultural exports to the EU amounted to a mere A$3.8 billion as at FY2016/17 or just 1% of our total ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... Kenneth Hayne questioned why the organisation doesn't value the idea of advisers simply providing genuine advice whereby nothing else needed to be done or no other products needed to be recommended to clients' portfolios. Wright conceded that he and ...