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Showing 5791 - 5800 of 10709 results for "May 1997"

Robots will take over white collar jobs first

LAURA MILLAN  |  THURSDAY, 11 DEC 2014
Contrary to the popular belief, robots are more likely to take over the tasks of medium and high-skilled workers, rather than jobs that do not require a university education, a Department of Industry paper determined. "The challenges presented by increasing ...

ANZ asks for US-style national adviser exam

LAURA MILLAN  |  THURSDAY, 11 DEC 2014
ANZ has offered to foot the bill to start-up a national exam for financial advisers that mirrors the United States Series 7 exam run by the Financial Industry Regulatory Authority (FINRA). The bank estimated that it would cost $600,000 to kick-start ...

Oil slide, CEO pay and that "income recession"

BENJAMIN ONG  |  THURSDAY, 11 DEC 2014
Oil! Oil! Oil! It's on the slide again! Just when we thought, the price of that black gold has found its footing, fresh news of higher supply and inventories and predictions of lesser demand next year took the floor from under it. While I still maintain ...

Steve Tucker and Paul Heath launch HNW business

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
Former MLC chief executive Steve Tucker and former JBWere chief executive Paul Heath have launched a new private wealth management firm, Koda Capital. Privately funded by private equity players and former wealth industry executives, Koda Capital will ...

MTAA Super awards $200m global credit mandate

STAFF WRITER  |  WEDNESDAY, 10 DEC 2014
Industry fund MTAA Super has appointed AllianceBernstein to manage a $200 million global credit mandate. The AllianceBernstein Global Credit strategy is an actively managed global bond strategy with a research-driven investment approach. The service ...

Vertical integration not important anymore: Murray

LAURA MILLAN  |  TUESDAY, 9 DEC 2014
Vertical integration may prove to be a non-issue if both financial product manufacturers and distributors work with the consumers' best interest in mind, Financial System Inquiry (FSI) chairman David Murray said. "The same obligations are on everybody ...

FSI report favours longevity pooling

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
The Financial System Inquiry final report has recommended superannuation funds make more use of longevity pooling in their retirement products. The report recommended that super funds offer a quasi-default 'comprehensive income product for retirement' ...

Industry funds reject majority independent directors

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
David Murray's recommendation that super fund boards comprise a majority of directors has met with mixed responses from the industry, with the retail side welcoming it but the not-for-profit side broadly rejecting it. Media reports, meanwhile, have ...

Are we there now?

BENJAMIN ONG  |  MONDAY, 8 DEC 2014
Yo momma! We're there now. The US Bureau of Labor Statictics' (BLS) latest update on America's employment situation - the momma of all eco stats - indicates that the economy is no longer mending, but that... it has mended. I refer not only to the much ...

Rename general advice, disclose ownership: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
The name 'general advice' is misleading consumers and should be replaced with a term that helps reduce misinterpretation, the Financial System Inquiry (FSI) recommended. "The use of the word 'advice' may cause consumers to believe the information is ...