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Showing 4371 - 4380 of 14213 results for "Interest"

AMP Capital boosts Asia presence after record raise

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... you think about us as an Australian firm that is going global it makes you quite proud." Keary explained the strongest interest was from clients in Korea and Japan. "Asia was the largest contributor to the fund raise. One of the exciting pieces is that ...

AustralianSuper appoints group executives

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
The $170 billion superannuation fund has announced two group executive appointments to newly created roles. Paul Schroder is taking the role of AustralianSuper's chief risk officer. He was most recently the group executive, strategy brand and reputation ...

Disgruntled chief executive wins $2.7million

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... shares in GBST as at 9 November 2015) and another $121,397 as underpayment of entitlements. Court also ordered GBST to pay interest, which the company said in ASX filings would be approximately $490,000. "The company is disappointed with the outcome ...

AFA calls for clarity on ethics code

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
... said that Standard 3 which reads "You must not advise, refer or act in any other manner where you have a conflict of interest or duty" is impractical. "In two subsequent consultations with FASEA we were assured that we should not interpret this standard ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... Financial Services Licensees (AFSLs) are funneling new clients into in-house products, potentially in breach of Best Interest Duty obligations. Whistleblower Jeff Morris has urged the government to ban the use of APLs by vertically-integrated advice ...

AllianceBernstein boss lands FSC directorship

HARRISON WORLEY  |  WEDNESDAY, 23 OCT 2019
... "A successful leader, Jen has demonstrated experience in delivering insights, expertise and innovations to advance the interest of clients around the world," Lloyd said. Commenting on her appointment, Driscoll nodded toward the challenges facing the ...

FASEA clears up code of ethics

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
The Financial Adviser Standards and Ethics Authority have released a guidance document for its code of ethics for financial advisers, which will come into effect on January 1, 2020. The code comprises of five values and 12 standards and has been designed ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
Slater and Gordon has filed a second class action against Colonial First State for allegedly charging excessive superannuation fees to fund outgoing commissions paid to financial advisers. The class action is on behalf over 500,000 Australians and is ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
Unless a positive shock emerges over the next few months, expect the RBA to continue lowering interest rates and the Morrison government to increase fiscal spending (but only after it's achieved having the Budget surplus immortalised on paper). ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... "The economy has been through a very soft patch over the past year but it is actually gradually improving. The lower interest rates are working," he said.