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Showing 3761 - 3770 of 10303 results for "STI"

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
Now we've seen it all - the "most hated bull market in history" and the "most widely-expected correction." To wax pedantic about this, the Dow and the S&P 500's big drop on the 5 February 2018 does not even fit the technical definition of a correction ...

Chief economist update: This time is different

BENJAMIN ONG  |  WEDNESDAY, 7 FEB 2018
"It's murder on the dance floor. You'd better not kill the groove..." - Sophie Ellis-Bextor. "Stock Market Loser Kills Brokerage Manager, Self in Shooting Rampage". This was Los Angeles Times' headline reporting about an investor going into Merrill ...

ClearView issues refunds over life sales misconduct

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2018
ClearView has stopped selling life insurance direct to consumers and will refund $1.5 million to thousands of customers as a result of poor sales practices. An ASIC review found ClearView staff used unfair and high pressure sales tactics when selling ...

Praemium enhances digital offering

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2018
Praemium is introducing paperless applications and digital acceptance, simplifying the financial advice process for both adviser and client. The platform said the addition of new features means Praemium is now offering a completely online solution. ...

Open banking regime to boost advice

DARREN SNYDER, KARREN VERGARA  |  MONDAY, 5 FEB 2018
Australia's open banking regime will fundamentally change the way financial advisers interact with consumers but several hurdles must be cleared before any true potential is realised. The expected multi-billion dollar implementation of open banking ...

Wells Fargo opens up on pay gaps

JAMIE WILLIAMSON  |  FRIDAY, 2 FEB 2018
Wells Fargo has become the third major US bank to take action on gender and ethnicity pay gaps. Responding to shareholder pressure the bank released the findings of its most recent pay equity study. It showed women working for Wells Fargo in the US ...

Chief economist update: Euro's uptrend is a downtrend risk

BENJAMIN ONG  |  FRIDAY, 2 FEB 2018
While none expected a change in monetary policy, not a few anticipated ECB president Mario Draghi to deliver a less dovish message (at the very least) after the European Central Bank's first governing council meeting for 2018. Perhaps, the underlying ...

CBA chair says culture needs improvement

ALEX BURKE  |  THURSDAY, 1 FEB 2018
In responding to APRA's ongoing prudential inquiry into the bank, Commonwealth Bank chair Catherine Livingstone acknowledged "there are aspects of our culture where we could improve." APRA issued an update on its progress with the inquiry, saying that ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
"Plus ca change, plus c'est la meme chose." Jean-Baptiste Aphonse Karr's immortal epigram - translated as "the more things change, the more they stay the same" - best describes the goings-on over the past 24 hours. There were no surprises at the Fed's ...

Institutional investors on the march in fixed income

DARREN SNYDER  |  WEDNESDAY, 31 JAN 2018
The number of institutional investors in Asia Pacific who increased allocation to core fixed income over the past three years outweighs those who reduced their holdings. Invesco's first global fixed income study found the majority (52%) of APAC instos ...