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Showing 3841 - 3850 of 6264 results for "DET"

ASIC national exam proposal lacks evidence: CMCRC

ALEX BURKE  |  TUESDAY, 20 JAN 2015
ASIC chair Greg Medcraft's call for a national adviser examination is flawed, according to Capital Markets Cooperative Research Centre (CMCRC) chief executive Michael Aitken. While recognising Medcraft's good intentions, Professor Aitken argued that ...

Super trustees must be vigilant about managers: Deloitte

ALEX BURKE  |  THURSDAY, 15 JAN 2015
Superannuation trustees need to actively prioritise implemented asset consultants that add value, according to new research by Deloitte Actuaries & Consultants. Deloitte surveyed six major consultants over the five years to 30 June 2014, using the Vanguard ...

WAM Capital announces $100m share purchase plan

STAFF WRITER  |  MONDAY, 12 JAN 2015
Listed investment company WAM Capital has announced a $100 million share purchase plan (SPP). The SPP will be offered to existing shareholders at the fixed price of $1.90 per share. Shareholders who participate in the offer will be entitled to the 7.0 ...

Auld lang syne

BENJAMIN ONG  |  MONDAY, 12 JAN 2015
"Should auld acquaintance be forgot, and never brought to mind?" - Robert Burns Happy 2015 to all you gentlereaders. We're back in space - cyberspace that is - and, it seems, so are the economic and financial market uncertainties that littered the dying ...

Independent expert lists CBA compensation challenges

LAURA MILLAN  |  FRIDAY, 19 DEC 2014
Promontory Financial Group has acknowledged that the Commonwealth Bank (CBA) program to compensate victims of bad financial advice poses a number of challenges. The independent expert has released its first report, following its appointment by CBA in ...

Robots will take over white collar jobs first

LAURA MILLAN  |  THURSDAY, 11 DEC 2014
Contrary to the popular belief, robots are more likely to take over the tasks of medium and high-skilled workers, rather than jobs that do not require a university education, a Department of Industry paper determined. "The challenges presented by increasing ...

Advisers debate insurance commissions ban

LAURA MILLAN  |  TUESDAY, 9 DEC 2014
Life risk advisers should avoid business structures based exclusively on commissions and start to look at ways to diversify their revenue,following the Financial System Inquiry (FSI) recommendations on life insurance and commissions. "There has been ...

Government Cyber Security Strategy already out of date

MARK SMITH  |  TUESDAY, 9 DEC 2014
Financial System Inquiry (FSI) chair David Murray has called for government and other financial system stakeholders to tighten processes to counter the growing threat of cyber-crime. Recommendation 38 in the final report of the FSI said the government's ...

The Grinch is stealing Christmas

BENJAMIN ONG  |  TUESDAY, 9 DEC 2014
Where would this, 'tis the season to be jolly, without the Grinch stealing Christmas? Just when we thought financial markets would be jingling all the way into the New Year - helped by the unarguably strong US employment report for November - we're ...

Share market rallies on Murray report

AAP  |  MONDAY, 8 DEC 2014
The share market is stronger, with banks rallying on the Financial System Inquiry's recommendation that banks hold more capital. Shares in the major banks and the small regional players are firmer, a day after former Commonwealth Bank boss David Murray's ...