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Showing 4831 - 4840 of 14213 results for "Interest"

ClearView posts first half profit dip

KANIKA SOOD  |  WEDNESDAY, 27 FEB 2019
... said. "[For the overall business,] the current challenging operating environment - characterised by prolonged record low interest rates, poor consumer sentiment exacerbated by the Royal Commission and the flow-on effect of life insurance commission caps ...

CFA Institute settles hiring dispute

DARREN SNYDER  |  WEDNESDAY, 27 FEB 2019
... graders have full-time jobs in financial services and participate in grading because of their charterholder status, their interest and commitment to the examination process, and membership of CFA Institute," the institute said in a statement. CFA Institute ...

AFA rebukes ideological drive against conflicted remuneration

HARRISON WORLEY  |  WEDNESDAY, 27 FEB 2019
... "An intermediary who seeks to 'stand in more than one canoe' cannot," according to Hayne. "Duty (to client) and (self) interest pull in opposite directions. "But experience shows that conflicts between duty and interest can seldom be managed; self-interest ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
... transitory effects, we expect that inflation will run close to 2%." The US Federal Reserve has reached neutral - the "neutral interest rate" level, that is - the Goldilocks state of monetary policy where it is neither accommodative nor restrictive. If ...

Local fintech investment soars

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
Australia's fintech industry is catching the interest of international investors and raked in US$600 million of funding last year, according to KPMG analysis. KPMG's 2018 Pulse of Fintech report showed Australian-based Avoka and its sale to ...

Equity Trustees acquires superannuation trustee

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
... growing demand in the superannuation sector to establish structural independence and reduce the possibility of conflicts of interest via use of an independent external trustee." EQT Holdings' interim results for December 2018 saw revenue increase ...

Grandfathered commissions ban splits industry: Poll

KARREN VERGARA  |  MONDAY, 25 FEB 2019
... said that there is no justification for grandfathering provisions in an industry that is trying to remove conflicts of interest in remuneration. "I would bring the grandfathering arrangements made at the time of the Future of Financial Advice (FoFA) ...

SMSFA recognises member achievements

HARRISON WORLEY  |  MONDAY, 25 FEB 2019
The Self-Managed Super Fund Association recognised several distinguished participants in the SMSF community on the final day of its national conference. SuperConcepts' executive manager of SMSF technical services Mark Ellem picked up the SMSFA CEO Award ...

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
... interests," Bowen said. "We will impose a fixed percentage upfront fee for brokers that will eliminate the conflict of interest that comes from different lenders offering different commission rates, while ensuring these upfront commissions can only apply ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
The Reserve Bank of India is full of surprises. When financial markets expected it to raise interest rates, it didn't. When everyone expected interest rates to remain steady, it cut. Recall that back in October 2018, the RBI surprised markets by ...