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Showing 451 - 460 of 1831 results for "Bill 2014"

AFA calls out FASEA chief inconsistency

ELIZABETH MCARTHUR  |  THURSDAY, 21 NOV 2019
The Association of Financial Advisers general manager, policy and professionalism Phil Anderson has hit back at Financial Adviser Standards and Ethics Authority chief executive Stephen Glenfield, over recognition of CPD. Glenfield made comments at a ...

Flaws in Grattan SG research: Report

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
Research published this morning by Jim Stanford from the Australia Institute says increasing the superannuation guarantee to 12% will not stifle future wage growth, and calls out assumptions used in Grattan's research on the subject. Stanford reviewed ...

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
ASIC said its current tally for remediation provisioning is now "well above" $10 billion, but only $660 million has been returned to 1.2 million consumers. Speaking at the FINSIA: The Regulators 2019 conference, ASIC deputy chair Karen Chester said ...

Global firm secures $500m mandate

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
A global fixed income manager has secured a $500 million mandate from a major industry superannuation fund with around two million members. Payden & Rygel was awarded the mandate from Rest, with its Payden Absolute Return Investment (PARI) strategy ...

Super investment menus not what they seem: Rice Warner

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
New insights from Rice Warner questions whether superannuation investment menus are really appropriately designed for members. Since the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2018 passed in ...

Adviser tampered with MySuper

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
A former Aon Hewitt adviser copped an ASIC ban after he was found to have stopped 331 Aon Master Trust default superannuation members from switching to the cheaper MySuper option. Thanh Huu Tran has been banned for two years as a result of the misconduct. ...

Chief economist update: It's the money, stupid

BENJAMIN ONG  |  TUESDAY, 29 OCT 2019
Extra, extra, read all about it! The S&P 500 index closed at a new all-time high overnight underpinned by bullish headlines that include: positive US-China trade talks; near-certainty of another Fed rate cut at its October FOMC meeting and the latest ...

Defined benefits robbed women: Kelty

ELIZABETH MCARTHUR  |  FRIDAY, 25 OCT 2019
At the launch of the Crescent Think Tank in Sydney, former union boss Bill Kelty didn't hold back in expressing his views on the current state of the superannuation system. "My view is the most important thing to working people in Australia is stop ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
Westpac's customer compensation bill has added $341 million in the second half of 2019, bringing the remediation total to $958 million for the year. Westpac chief executive Brian Hartzer said: ""A key priority in 2019 has been to deal with outstanding ...

Disgruntled chief executive wins $2.7million

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
GBST Holdings is facing a roughly $2.7 million bill after a former chief executive won a wrongful dismissal court claim against the financial services software company. Stephen Lake was GBST's chief executive and managing director from 2001 to 2015 ...