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Showing 3501 - 3510 of 6264 results for "DET"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 20 MAY 2016
Australia employment 'Twas a miss. Australian employers added 10,800 workers to their payrolls in April, missing expectations for a 12,500 gain and less than the 25,700 heads added in the previous month. While hiring continues to grow - employment growth ...

ASIC orders HSBC remediation plan for "deficient" advice

ALEX BURKE  |  TUESDAY, 17 MAY 2016
ASIC has accepted an enforceable undertaking (EU) from HSBC Bank Australia concerning "potentially deficient advice" provided on retail structured products. The advice in question was provided between January 2009 and March 2013, affected 464 out of ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 17 MAY 2016
US Empire State manufacturing survey The latest update on the state of the manufacturing sector in New York State was both disappointing and surprising, particularly as it follows stronger-than-expected retail sales and consumer sentiment reports released ...

Advisers beware the uncomfortable truth of the ageing brain

MARK SMITH  |  FRIDAY, 13 MAY 2016
Advisers risk losing clients or even facing compensation claims if they do not ready their clients for the cognitive decline that arises from ageing, State Street Global Advisors warns. In a new white paper, the global wealth management firm says all ...

ASIC makes two permanent bans

KERRIE SYDEE  |  FRIDAY, 13 MAY 2016
ASIC has permanently banned a former AFS licensee employee and former chairman of collapsed lender Wickham Securities and founder of Sherwin Financial Planners (in liquidation), from providing financial services. Former AFS licensee employee Nicolai ...

Super needs calm after budget shake-up: Vamos

DARREN SNYDER  |  FRIDAY, 13 MAY 2016
The $2 trillion superannuation industry's ultimate priority in the coming weeks will be to calm its members over what has been described as the biggest shake-up to super in more than a decade. Association of Superannuation Funds of Australia chief executive ...

Australians demanding robo-advice from super funds

ALEX BURKE  |  THURSDAY, 12 MAY 2016
Over a third of Australians (36%), who otherwise wouldn't or couldn't afford to see a financial planner, want their super funds to provide robo-advice services, according to the Investment Trends 2015 Direct Client Report. The report, based on a survey ...

Blue Sky announces $66 million equity raising

ALEX BURKE  |  WEDNESDAY, 11 MAY 2016
Blue Sky Alternative Investments has announced it will conduct a $66.8 million equity raising. The initiative consists of a $30 million placement to institutional, professional and sophisticated investors at $6.50 per share and an accelerated non-renounceable ...

Financial services lend spotlight on nation's leading philanthropists

MARK SMITH  |  WEDNESDAY, 11 MAY 2016
A former super fund chief executive, a technology venture capitalist, a private wealth management expert and a financial services company CEO joined forces to uncover some of the country's outstanding philanthropic initiatives. Former State Super chief ...

Retired mothers need financial help

DARREN SNYDER  |  TUESDAY, 10 MAY 2016
The lengths Australians go to in order to financially support their parents in retirement has been detailed by an industry superannuation fund survey. Last month REST Industry Super spoke to 1052 Australians who were over 18 and providing financial ...