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Showing 3961 - 3970 of 9316 results for "Red"

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
Boom! That's the sound of the US economy popping up to an annualised rate of 4.1% in the second quarter of 2018, up from an upwardly revised 2.2% (from 2%) expansion in the first quarter. While this is in line with market expectations, it's ...

Life insurers cautious about My Health Record

HARRISON WORLEY  |  MONDAY, 30 JUL 2018
As My Health Record draws criticism and scrutiny, life insurers are cautious as to the merits of the initiative and its potential implications for the industry. The e-health policy has hogged much media attention in the last fortnight as Federal members ...

Industry fund renews insurer, drops premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
A $5.3 billion industry superannuation fund has renewed its group insurance mandate, reduced member premiums and removed automatic cover for members under 25. Media Super has reappointed Hannover Life Re as its group insurer from July 1. In doing so ...

AMP moves to reset business

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
AMP is reducing fees on its flagship MySuper products and expediting $290 million in compensation to customers that received bad financial advice. Reflecting plans for the simplification of its superannuation product offering, AMP said it will implement ...

BTFG will pay back grandfathered commissions to customers

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
BT Financial Group will pass on the benefit of banning grandfathered commissions to its clients instead of retaining it, the Financial Services Council Summit heard. BT Financial Group general manager advice Michael Wright told Financial Standard the ...

Advisers on scam alert

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
Advisers and investors should be "particularly vigilant" of investment scams this time of the year, as scammers prey on people's fear of getting in trouble with the ATO as tax season continues, according to Finder. Australians are now losing $1 million ...

Westpac names independent director

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
Westpac appointed an international banking executive to its board as an independent non-executive director. Anita Fung joins the banking group on 1 October 2018; she will also join the bank's risk and compliance committee, and its Asia advisory board. ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
The big news overnight comes courtesy of the Bank of Japan (BOJ) or rather speculations (again) that it's discussing possible changes to its looser-than-loose monetary policy. There are so many combinations and permutations as to what the BOJ would ...

AAT reduces former adviser's ban

HARRISON WORLEY  |  MONDAY, 23 JUL 2018
A former financial planner who lied about his planning qualifications will be able to provide financial services again in 2022, after his original ban was reduced. Permanently banned from providing financial services by ASIC in 2016, former Hobart financial ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
US President Donald Trump has again upped the rhetoric against China (which of course, brought back trepidation over an escalation of the trade war) and most recently he went on attack against his own central bank - the US Federal Reserve. Apparently ...