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Showing 5231 - 5240 of 14214 results for "Interest"

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
... superannuation licensees on administering outsourcing arrangements with related parties to effectively manage conflicts of interest. The regulator said it wanted to see licensees consider and document how the use of related parties was in the best interests ...

TPB names new chief executive

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
The Tax Practitioners Board is welcoming a new chief executive, joining from the Australian Taxation Office. Michael O'Neill has been appointed to lead the TPB, bringing more than 30 years' experience in public service. O'Neill was most recently assistant ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial advice industry is bracing itself for more proposed changes to approved product lists (APLs), remuneration and terminology following the Productivity Commission's inquiry into the state of competition in Australia's financial system. ...

Chief economist update: Not before we get a pay rise

BENJAMIN ONG  |  MONDAY, 6 AUG 2018
... the next 6 -12 months" increased to 43% from 38% in December 2017. Wages is the key. The RBA won't be able to lift interest rates until growth in wages picks up lest it exacerbates the financial stress on households. The RBA knows this, it has said ...

Super funds suit up for Royal Commission

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... superannuation system under the spotlight over the next two weeks and legal experts say a key question is whether conflicts of interest are influencing super funds and letting ordinary working Australians down. AustralianSuper, Cbus and AMP Super are ...

HESTA boss wins FEAL award

HARRISON WORLEY  |  FRIDAY, 3 AUG 2018
HESTA chief executive Debby Blakey has been recognised as the 2018 Fund Executive of the Year at the Fund Executive Association Limited (FEAL) awards held this week in Sydney. Blakey was recognised for leading a program of change at the $46 billion ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
... These marginal changes in the BOE's projections mask the underlying rationale behind the MPC's decision to raise interest rates this month, which is: "Although modest by historical standards, the projected pace of GDP growth over the forecast ...

Mis-selling super a win for consumers

JAMIE WILLIAMSON  |  THURSDAY, 2 AUG 2018
An advocacy body for superannuation fund members established in 2013 will finally become fully operational thanks to $2.5 million in penalties paid by CBA and ANZ for the mis-selling of super products. The Superannuation Consumers' Centre will receive ...

BNP Paribas AM sells Arnhem stake, appoints new investment manager

JAMIE WILLIAMSON  |  WEDNESDAY, 1 AUG 2018
... cease taking on new clients with a view to winding down its existing capabilities. BNP Paribas AM has now sold its 40% interest in Arnhem back to the firm's managing partners, George Clapham and Neil Boyd-Clark. As a result, the two BNP Paribas AM ...

Chief economist update: The BOJ kills off specs (for now)

BENJAMIN ONG  |  WEDNESDAY, 1 AUG 2018
... expanded monetary policy regime is: "The Bank intends to maintain the current extremely low levels of short- and long-term interest rates for an extended period of time, taking into account uncertainties regarding economic activity and prices including ...