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Showing 3671 - 3680 of 10303 results for "STI"

Why wait for Royal Commission to address trust?

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
A financial services industry group said its latest consumer research shows Australians care less about Royal Commission findings and are more concerned about professional standards. The Financial Services Institute of Australasia's (FINSIA) latest ...

Advice not yet a real profession: Kell

ALEX BURKE  |  TUESDAY, 17 APR 2018
In his statement to the Royal Commission, ASIC deputy chair Peter Kell argued financial advice is not yet a profession. Kell told Special Counsel Assisting Rowena Orr that while there are professionals in the industry, "we do not view the industry as ...

Yarra Capital executive joins AUI board

KANIKA SOOD  |  TUESDAY, 17 APR 2018
A top executive from Yarra Capital Management has joined the board of a $1.2 billion listed investment company. Dion Hershan is currently Yarra Capital Management's managing director and head of Australian equities. He joins the board of Melbourne-based ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
The US consumer is back...and with a vengeance. Retail sales rebounded by a higher than expected 0.6% in the month of March following three consecutive months of declines - 0.1% in December, -0.2% in January, -0.1% in February - that took the annual ...

ANZ issues last minute RC submission correction

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
ANZ issued a correction to its submissions to the Royal Commission over the weekend ahead of the next fortnight's hearings on financial advice. Senior Counsel Assisting Rowena Orr said the Royal Commission was provided with a correction by ANZ on Sunday ...

AMP admits to serious misconduct in RC submissions

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
AMP has acknowledged hundreds of instances of misconduct in relation to the provision of financial advice between 1 January 2008 and 30 June 2015. In opening the Royal Commission's inquiry into financial advice today, Senior Counsel Assisting Rowena ...

Advisers no longer standing still on social media

DARREN SNYDER  |  MONDAY, 16 APR 2018
Financial advisers are no longer sitting on their hands when it comes to social media, using various platforms to have the most meaningful conversations with clients. Latch Social founder and director Tom Loneragan said social media has become a crucial ...

Royal Commission must cast net wider

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
The next fortnight will see the Royal Commission grill some of Australia's biggest providers of financial advice, albeit with some noticeable absences. During the Commission's second round of hearings the big four banks and AMP will appear, as will ...

AIA Australia spearheads mental health law reforms

KARREN VERGARA  |  FRIDAY, 13 APR 2018
AIA Australia is urging the Federal Government to allow life insurers to fund early intervention and treatment for mental health conditions. AIA Australia and New Zealand chief executive Damien Mu said the legislative barriers that restrict life insurers ...

SMSF pool still ripe for financial advice: AMP

KANIKA SOOD  |  FRIDAY, 13 APR 2018
Self-managed super fund trustees seeking financial advice jumped 6% last year, and they are hungry for further advice, according to AMP Capital research. Sixty-three per cent of SMSF trustees told AMP Capital they would entertain further financial advice ...