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Showing 391 - 400 of 815 results for "Judge"

Second APRA deputy chair nominated

HARRISON WORLEY  |  WEDNESDAY, 30 MAY 2018
The prudential regulator has welcomed the nomination of an additional deputy chair and the reappointment of Helen Rowell. The Federal Government reappointed Rowell as APRA deputy chair with a new five-year term set to begin on July 1. The end of the ...

Westpac off the hook in BBSW scandal

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
The Federal Court ruled Westpac's conduct in handling bank bill swap rates was "unconscionable" on four of the 16 occasions that ASIC alleged the bank manipulated the BBSW. While ASIC failed to prove Westpac traders had manipulated the BBSW, the bank ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
Another rate hike is coming soon! This is the almost unanimous verdict financial markets and the intelligentsia gave after reading the minutes of the US Federal Reserve's 1-2 May FOMC meeting. Can't blame them, it was there all for everybody ...

Australian Ethical divests AMP

ALEX BURKE  |  THURSDAY, 10 MAY 2018
... how hard it is even within an organisation like AMP to make that call; we've seen senior leaders in AMP being unable to judge sufficiently whether those issues are systemic or otherwise," Palmer said. What this highlights, he continued, is the need for ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
Spending by retiree couples falls much faster as retirement progresses than traditionally believed, calling for a change in how retirement products are designed. Research from Milliman shows the median Australian retiree couple's spending at 85 years ...

RBA names new chief information officer

ALEX BURKE  |  FRIDAY, 27 APR 2018
The Reserve Bank of Australia has appointed a new chief information officer. Gayan Benedict has been serving as the RBA's deputy head, technology services since 2013. Before that, he was senior manager, department of information technology. Prior to ...

Royal Commission invite refused by Dover

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... qualified professionals should have done, with the benefits of plenty of time and hindsight...How does a law degree equip you to judge what a qualified financial planner's standard of care should be? Law degrees do not include training in medicine, architecture ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
A Parliamentary Joint Committee on life insurance said it is "not convinced" the industry can sufficiently self-regulate and is recommending the co-regulatory approach foreshadowed by ASIC. In its final report, the PJC on Corporations and Financial ...

ASIC closes doors on Storm charges with two fines

ALEX BURKE  |  FRIDAY, 23 MAR 2018
Nearly a decade after ASIC began its investigation into Storm Financial, two directors have been fined $70,000 each for breach of duties. Emmanuel and Julie Cassimatis were previously disqualified from managing corporations for seven years. When they ...

More female clients requires more female advisers

JAMIE WILLIAMSON  |  THURSDAY, 8 MAR 2018
The increase in women seeking financial advice highlights not only the need for more female advisers, but also the benefits of embracing gender equality in the workplace. Integra Financial Services director Deborah Kent believes the increasingly holistic ...