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Showing 5731 - 5740 of 17959 results for "Bank"

APRA pushes for greater control over super

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
APRA is calling on the Senate to increase its regulatory powers to help improve superannuation governance, transparency and member outcomes. APRA deputy chair Helen Rowell told the Senate Economics Legislation Committee aiming to address weaknesses ...

Actuaries Institute chief resigns

ALEX BURKE  |  WEDNESDAY, 11 OCT 2017
The chief executive of the Actuaries Institute resigned from his position and will leave at the end of the calendar year. David Bell joined the Actuaries Institute in 2014, replacing outgoing chief executive Melinda Howes. He was previously group managing ...

ECB exit: 2018 or 2021?

BENJAMIN ONG  |  WEDNESDAY, 11 OCT 2017
... of the ECB and Vice-Chair of the Supervisory Board of the ECB - renewed speculations over not only the "discussion" of the Bank's exit strategy but the actual "timing" of the exit. The "beginning of next year" looks ideal given the euro area financial ...

Members better off with equal representation: AIST

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
... employer-appointed trustee directors of profit-to-member super funds are all independent from management and - unlike the directors of bank-owned super funds - they are free to act solely in members' best interests as they are not required to produce ...

Powerwrap names new chief executive

JAMIE WILLIAMSON  |  TUESDAY, 10 OCT 2017
... presents," Driscoll said. Speaking as a current client of Powerwrap, Davidson said advisers and their clients are moving away from bank-aligned licensees and platforms in search of something unique in the high net worth investor segment with the highest-level ...

India's upside risks

BENJAMIN ONG  |  TUESDAY, 10 OCT 2017
Perhaps the Reserve Bank of India was just following its former colonial master. For similar to the Bank of England (BOE) - it cut interest rates by 25 basis points to 0.25% in August 2016 to head off the potential negative fall-out from Brexit win ...

ASIC outlines industry funding costs

ALEX BURKE  |  MONDAY, 9 OCT 2017
ASIC has released the forecast regulatory costs for industry participants as part of its new industry funding model. These costs vary across industry sectors. In the registered liquidator sector, for example, companies will have a minimum levy of $2500 ...

Proceedings filed against CBA in Federal Court

ALEX BURKE  |  MONDAY, 9 OCT 2017
Funding for the shareholder class action against the Commonwealth Bank is now unconditional and proceedings have been filed in the Federal Court, marking the beginning of one of the largest shareholder class actions in Australian history. IMF Bentham ...

We cannot underestimate humans: Sicilia

DARREN SNYDER  |  MONDAY, 9 OCT 2017
... claims is a disparity in wealth and technology being "massively deflationary" Sicilia said. He questions why the Reserve Bank of Australia governor said to the Australian people 'go ask for a wage rise,' but nobody queued outside their HR manager's door ...

NAB launches customer chatbot app

KARREN VERGARA  |  FRIDAY, 6 OCT 2017
... recently launched a virtual banker chatbot for business customers and chatbot pilot for Facebook called NAB Chatterbox. The bank said it is continuing to experiment with virtual assistants to provide real-time service to customers. Davey added: "It's ...