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Showing 551 - 560 of 1005 results for "Financial System"

XTB launch opens corporate bonds to retail

DARREN SNYDER  |  THURSDAY, 14 MAY 2015
... shareholders in." According to the Murray Review, Murphy said, given the size and sophistication of Australia's financial system and economy, we should have a $400 billion corporate bond market, combining wholesale and retail investors; instead of the ...

Aberdeen names FEAL scholarship winner

ALEX BURKE  |  WEDNESDAY, 13 MAY 2015
Aberdeen Asset Management has named the winner for its FEAL London School of Economics Executive Summer School Scholarship for 2015. HESTA executive manager - finance and investment operations David Morris will attend the Leadership in Financial Institutions ...

Bank results underpin wealth management new era

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
... culture and behaviour in the past. At the moment, a Parliamentary Joint Committee into financial advice, the Financial System Inquiry (FSI) and the Trowbridge report into risk advice are raising questions about the current model. "Although the industry ...

NAB appoints new chair

ALEX BURKE  |  THURSDAY, 7 MAY 2015
... Council and the ASX. Speaking of his successor, Chaney said: "Ken has an unequalled understanding of the Australian financial system, the issues facing financial services companies and the Australian economy more generally. During his time on the Board ...

FPA proposes risk commission cap

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
... strong adherence to the best interest duty, thus removing churn," she said. Referring to the proposal in the Financial System Inquiry (FSI) that risk advisers offer only level commissions in the future, she said: "We do not see that working in the Australian ...

Former AMP chief executive joins Westpac

DARREN SNYDER  |  MONDAY, 4 MAY 2015
... board's current skills and experience," Maxstead said. Recently Dunn was a panel member of the federal government's Financial System Inquiry and is a current board member of the government's Financial Literacy Board and the Australian Ballet. Before ...

ASIC says AUD spike "not misconduct"

ALEX BURKE  |  MONDAY, 4 MAY 2015
... Armour. "ASIC has as a priority to promote confident and informed participation by investors and consumers in the financial system. This is achieved through our role in market supervision and competition, and corporate governance. "We have a strong regulatory ...

Advisers Register hits 22k

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
... managed." He added there are key reforms ASIC would like to see in the future which have been recommended by the Financial System Inquiry, including giving ASIC greater powers to ban bad managers and executives. "We recognise it's not just the frontline ...

Government needs to allow retail default super

ALEX BURKE  |  THURSDAY, 23 APR 2015
In its final Financial System Inquiry (FSI) submission to the Treasury, the Financial Services Council (FSC) has petitioned Government to allow APRA-approved MySuper funds into the default superannuation market. Arguing that the current system stifles ...

Larry Fink warns of bubble in income assets

MARK SMITH  |  FRIDAY, 17 APR 2015
... said, adding: "This increasingly desperate search for yield is now the greatest source of prudential risk in the financial system." According to the BlackRock co-founder the problem is most acute for investors nearing the end of the accumulation phase. ...