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Showing 3331 - 3340 of 10705 results for "May 2012"

China's growth to slow: PIMCO

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2020
PIMCO is forecasting a slowdown in China's GDP growth in 2020 as tensions between the Asian nation and the United States continue into the New Year. The company's global economic advisor, Joachim Fels, and chief investment officer global fixed income ...

JANA dragged into Rest legal stoush

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
JANA Investment Advisers may be forced to hand over key documents as part of Rest's ongoing legal battle with member Mark McVeigh. Final discovery orders were consented to by both Rest and McVeigh in late December last year. Documents created by ...

FASEA responds to concerns

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
The Financial Adviser Standards and Ethics Authority today released a preliminary response to submissions from stakeholders on its much contested Code of Ethics, attempting to answer some of the many questions raised so far. FASEA consulted with stakeholders ...

ASIC alters adviser levy

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
The Financial Planning Association of Australia head of policy and standards Ben Marshan has pointed out that ASIC has quietly altered the per adviser levy recently. Marshan told Financial Standard that financial advice businesses which have budgeted ...

Consumer data right for open banking delayed

ALLY SELBY  |  FRIDAY, 20 DEC 2019
The ACCC has delayed the launch of consumer data right (CDR) for the banking sector to July 2020, postponing key components of the reform that would have allowed the kick-off of open banking in Australia by February next year. Consumers will now be ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
The past year has served as the beginning of the superannuation industry's transformation. Yes, recent years have seen nothing but reform after reform, but 2019 has been something different entirely. The Productivity Commission and Royal Commission ...

ANZ overcharges 3.4 million customers

ALLY SELBY  |  THURSDAY, 19 DEC 2019
ANZ is the latest of the big four to be hit by the banking blues - identifying 3.4 million customers who have been overcharged as the bank swiftly makes good on recommendations from the Hayne Royal Commission. ANZ chief executive Shayne Elliot told ...

Westpac to pay $9.5m for Corps Act breaches

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
Westpac has been ordered by the Federal Court of Australia to pay $9.15 million over poor financial advice provided by just one former adviser. The court case relates to poor financial advice provided by Sudhir Sinha which breached the best interest ...

18 misconceptions about FASEA code

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
An education provider has outlined 18 common misconceptions relating to the Financial Adviser Standards and Ethics Authority Code of Ethics, which comes into effect on January 1. Roger Patterson, whose company Blue Path provides FASEA exam preparation ...

VanEck changes ETF portfolios

ALLY SELBY  |  THURSDAY, 19 DEC 2019
The fund house and Lonsec Investment Solutions have made a number of changes to their three low-cost ETFs. The portfolios are designed to help financial advisers and brokers to build diversified portfolios for their clients, while also respecting their ...