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Showing 3351 - 3360 of 4932 results for "MIS"

CFA Societies launches initiative to raise ethical standards

MARK SMITH  |  MONDAY, 12 MAY 2014
... providers." This week, CFA Societies Australia is also focusing on raising awareness of effectively dealing with the issue of mis-selling by advisers. "We will be highlighting the rights of investors to be informed of any existing or potential conflicts ...

Market Wrap AM

AAP  |  WEDNESDAY, 7 MAY 2014
The Australian market is set to open lower after Wall Street dropped on concerns about the US tech sector and disappointing earnings from insurance giant AIG. At 0700 AEST on Wednesday, the June share price index futures contract was down 25 points ...

Citi wins custody of Norway's Oil Fund

JAMES FERNYHOUGH  |  TUESDAY, 6 MAY 2014
Citi has replaced JP Morgan as custodian to Norges Bank Investment Management (NBIM), the body that manages Norway's $850 billion Government Pension Fund Global. Colloquially known as 'the Oil Fund', according to Towers Watson it is the second largest ...

Platform error forces NAB to pay further compensation

LAURA MILLAN  |  MONDAY, 5 MAY 2014
A review of NAB Wealth's Navigator platform has revealed that the bank made a mistake when calculating compensation to 43,000 clients in 2012. NAB Wealth expects the compensation to be less than $200,000, which adds to the $1.9 million that the bank ...

Industry asks for long-term, comprehensive approach to Age Pension

LAURA MILLAN  |  FRIDAY, 2 MAY 2014
The financial services industry has asked the government to take a long-term, comprehensive approach to any changes to the Age Pension and to the superannuation preservation age, following the release of the National Commission of Audit report. The ...

IOSCO recommends improved disclosure for direct products

ALEX DUNNIN  |  FRIDAY, 2 MAY 2014
The growth of directly distributed financial products has pushed a Joint Forum of the International Organisation of Securities Organisations (IOSCO) to call for improved global regulation and disclosure standards for products sold this way. In Australia ...

Virgin Money cops fine for misleading direct insurance ads

MARK SMITH  |  WEDNESDAY, 30 APR 2014
Virgin Money Australia has been forced to pay $30,600 in penalties after some of its advertisements fell foul of the regulator. The Australian Securities and Investments Commission (ASIC) issued three infringement notices for misleading online and television ...

The music's still playing

BENJAMIN ONG  |  WEDNESDAY, 30 APR 2014
Who me? Worry, because... May is nigh? Looking at last night's trading action on Wall Street, Wall Streeters appear to be fear missing out (on more gains) more than they do that of the prospect of the "sell in May" crowd, going away in May. Just look ...

Industry responds to super fees study

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
Superannuation industry bodies have responded to the Grattan Institute's report on super fees, arguing that fundamental change is not necessary. Tom Garcia, chief executive of the Australian Institute of Superannuation Trustees (AIST), said that the ...

FEATURE: Re-imagining Australia's financial future

STAFF WRITERS  |  THURSDAY, 24 APR 2014
With the deadline now closed for submissions to the Financial System Inquiry, the first investigation into the sector in 16 years, Financial Standard investigates the big themes, the surprises and what has been missed amongst the more than 250 publicly ...