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Showing 481 - 490 of 2103 results for "This Week"

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
... again. According to ASIC's Financial Adviser Register, Nguyen ceased as an adviser and as a representative of Interprac this week. The regulator also banned Matthew Geappen of Hobart for five years for life insurance churning. While authorised by CBA's ...

Millions of Australian's suffering from financial stress: AMP

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
... Financial stress is burdening close to 2.5 million Australians, according to AMP. Releasing its Financial Wellness report this week, AMP said it found two in every five Australian workers faced financial stress during their careers, costing businesses ...

ATO and TPB terminate tax agents

DARREN SNYDER  |  FRIDAY, 18 JAN 2019
The registrations of tax agents QTR Accountants and Nicoh Group were terminated this week following a joint TPB and ATO investigation. The Tax Practitioners Board (TPB) and the Australian Taxation Office (ATO) received 19 consumer complaints about the ...

Superannuation reforms splits opinion: Spot poll

KARREN VERGARA  |  MONDAY, 14 JAN 2019
Financial Standard's latest spot poll reveals a readership that's divided over the Productivity Commission's 31 recommendations aiming to improve the superannuation system. Asked if the final report's recommendations were fair and reasonable ...

BlackRock to drop 500 staff

JAMIE WILLIAMSON  |  FRIDAY, 11 JAN 2019
... workforce by 3%. In the memo, Kapito said several years of meaningful headcount growth has led to changes being made this week around the size and shape of the company's workforce. Despite the changes, BlackRock's headcount will still be 4% higher ...

FASEA reforms see ASIC register swell

JAMIE WILLIAMSON  |  TUESDAY, 8 JAN 2019
... licensees continuing steadily and likely to hasten as big player exit wealth management. It has been widely reported this week that more than 20 financial advisers from Macquarie's private wealth division moved elsewhere at the end of 2018. The ASIC ...

Super funds wield bank remuneration stick

DARREN SNYDER  |  FRIDAY, 21 DEC 2018
... shares or 5.46% of the register. The Australian Financial Review reported BlackRock abstained from voting at the NAB AGM this week. But given the 88% down vote, it's clear that other institutional investors had a clear position. The Australian Council ...

CFS study finds managed accounts improve advice

KANIKA SOOD  |  FRIDAY, 21 DEC 2018
... expect to spend with their clients if they switch to managed accounts. A new whitepaper published by Colonial First State this week found advisers using managed accounts were spending 23% more time in client appointments each week on average. Colonial ...

APRA lifts interest-only restrictions

HARRISON WORLEY  |  FRIDAY, 21 DEC 2018
... can now move back into interest-only lending, and their peak industry body says competition will increase as a result. This week APRA announced it would remove the 30% benchmark for new interest-only residential mortgages, which it initially put in place ...

Shareholders put NAB board in the hot seat

KARREN VERGARA  |  WEDNESDAY, 19 DEC 2018
... Planning refund adviser service fees to those customers who didn't get the services they paid for. That is starting this week, and is to be completed in 2019," Thorburn said. Thorburn will take annual leave from December 21, and will return to respond ...