Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4751 - 4760 of 14213 results for "Interest"

ASIC approves AMP for MDAs

HARRISON WORLEY  |  TUESDAY, 9 APR 2019
ASIC granted AMP Financial Planning approval to deal in managed discretionary accounts. ASIC said it imposed additional license conditions on AMP Financial Planning as a result of approving AMPFP's application to vary its license to provide MDAs. ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG  |  TUESDAY, 9 APR 2019
... easing". And days before that, White House economic adviser Larry Kudlow made it known he wants the Fed to "immediately" cut interest rates by 50 basis points. What's a Fed chair to do? What else but go back to its statutory dual mandate - price ...

Financial advice exit a boon for the industry: Poll

KARREN VERGARA  |  MONDAY, 8 APR 2019
... to the industry and the financial services industry more broadly. This is despite Hayne recognising that conflicts of interest would likely be reduced by separating AFSL holders authorised to issue financial products and AFSL holders authorised to give ...

AMP announces board changes

ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
... knowledge of the life insurance industry will be a great asset to AMP Life, in which AMP will retain an ongoing economic interest."

Poor governance spurs calls for directorship caps

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2019
Governance experts are questioning how directors of multiple boards fulfil their duties and drive sustainable performance. Appearing at the Financial Executive Women Leadership Conference in Sydney last month, BMFS Consulting managing director Sarah ...

Ironbark, Zurich shutter funds

KANIKA SOOD  |  FRIDAY, 5 APR 2019
Ironbark Asset Management and Zurich Investments are shutting down three funds after the Sydney boutique managing them said it will stop asset management operations in July. Denning Pryce managed about $270 million for Aussie investors in alternative ...

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
The prudential regulator's powers have been bolstered thanks to new laws that will enable it to take tougher action on trustees and underperforming funds. The Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation ...

IOOF appoints head of advice governance

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
A director of Westpac's advice remediation program has been appointed to lead advice governance at IOOF. David Flynn is set to link with the wealth manager later this month as its new head of advice governance, replacing Adrian Kwa who is set to ...

Chief economist update: ECB digs deeper

BENJAMIN ONG  |  FRIDAY, 5 APR 2019
... to deliver on our mandate". The speech followed the Governing Council's March 7 meeting where it decided to keep interest rates unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.40% - while at the same time extending ...

AMP overhauls wealth leadership

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
AMP has announced five new appointments to its wealth management leadership team. Dedicated to providing better experiences and outcomes for clients, AMP has built out the executive team charged with overseeing its troubled wealth management business. ...