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Showing 4151 - 4160 of 10722 results for "May 19"

FASEA-induced exodus increasingly likely

JAMIE WILLIAMSON  |  TUESDAY, 17 JUL 2018
About 20% of FINSIA's adviser members will leave the advice industry if they are forced to undertake additional postgraduate study. According to a survey conducted by the industry body in support of its submission to the Financial Adviser Standards ...

Chief economist update: Crude oil slips

BENJAMIN ONG  |  TUESDAY, 17 JUL 2018
If one were to time the genesis of the recent surge in oil prices, it would have to be Saudi Crown Prince Mohammed bin Salman's interview with Time magazine around mid-April this year when he hinted at wanting the price of crude to reach around ...

MLC announces new chief executive

KARREN VERGARA  |  TUESDAY, 17 JUL 2018
National Australia Bank announced the new chief executive of MLC, who will take the reins on 1 September 2018. Geoff Lloyd will lead MLC after six years as chief executive and managing director of Perpetual. He will report directly to NAB chief executive ...

Advisers demand self-licensing regime: Poll

KARREN VERGARA  |  MONDAY, 16 JUL 2018
A majority of financial advisers would welcome an overhaul of the AFS licensing regime, a recent survey shows. The majority (78%) of financial advisers polled in Financial Standard's sister publication FS Advice would prefer to be self-licensed, similar ...

Frontier names head of real assets arm

KARREN VERGARA  |  FRIDAY, 13 JUL 2018
Frontier Advisors appointed an investment banker to lead its real assets division. Isabelle Demir joins Frontier Advisors as head of real assets on July 30. The asset consultant has about $300 billion under advice. Demir will work closely with property ...

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
"I think the economy's in a really good place. As I mentioned, unemployment is now 4%... which is the lowest it's been in 20 years. The other thing that's good that's been happening is for five years we've seen people coming back ...

EU to offer cross-border pension scheme

KARREN VERGARA  |  THURSDAY, 12 JUL 2018
The European Union is closer to establishing a cross-border pension scheme that operates under one jurisdiction and ultimately gives consumers more choice. The Pan-European Personal Pension product (PEPP) is a voluntary pension, aiming to give consumers ...

Government mulls reforms to tax residency rules

JAMIE WILLIAMSON  |  THURSDAY, 12 JUL 2018
The Federal Government is considering an overhaul of the rules governing residency for tax purposes in Australia, recommending a person's residency be defined by the number of days they spend in the country in a 12-month period. The Board of Taxation ...

IMF Bentham eyes potential Facebook, Cambridge Analytica goldmine

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
IMF Bentham will potentially fund a class action against Facebook, having already invested in a complaint against the social media giant in response to the now-infamous Cambridge Analytica scandal. IMF Bentham is funding a new representative complaint ...

CBA should have done more: Federal Court

HARRISON WORLEY  |  WEDNESDAY, 11 JUL 2018
The Federal Court judge who slapped the Commonwealth Bank with a $5 million pecuniary penalty over its role in setting the bank bill swap rate said the bank should have better supervised its staff. Justice Beach of the Federal Court delivered the assessment ...