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Showing 621 - 630 of 1927 results for "Treasurer"

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
There were no back-patting and self-congratulatory remarks this time from Australia's Prime Minister and Treasurer for the Australian National Accounts show that it wasn't a "wonderful set of numbers". Instead, with economic growth slowing to ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
... financial advice industry is inching towards a complete phase out of grandfathered commissions, backed by the federal treasurer Josh Frydenberg, who last month introduced legislation to end them by 2021. The banking Royal Commission's final report ...

ASIC clamps down on poor advice, grandfathered commissions

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
... recently released Corporate Plan. One of its new priorities is to end grandfathered commissions with direction from Federal Treasurer Josh Frydenberg. On a periodic basis, ASIC said it will undertake a quantitative review of firms that pay grandfathered ...

Treasurer moves on broker remuneration

ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
Treasurer Josh Frydenberg announced the government will introduce a best interests duty for mortgage brokers and seek to reform broker remuneration. It is the next step in the government's response to the Royal Commission, releasing draft legislation ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... the current Australian government remains hell-bent on achieving that promised "Budget surplus". The current sitting Treasurer Josh Frydenberg looks set to deliver on the "promise" that has eluded four Federal Treasurers - Wayne Swan, Chris Bowen, Joe ...

Board addition strengthens strategic relationship

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... exceed 20% per the Financial Sectors (Shareholding) Act 1998, according to an August 14 notice signed by the Federal Treasurer Josh Frydenberg.

ASIC to review end of grandfathering

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 AUG 2019
... review. At the end of July, the government introduced legislation to ban grandfathered commissions for financial advisers. Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial technology Jane Hume released ...

Frydenberg flags new advice disciplinary system

HARRISON WORLEY  |  MONDAY, 19 AUG 2019
... made by Commissioner Kenneth Hayne in his landmark report into misconduct in Australia's financial services system, Treasurer Josh Frydenberg said the government was determined to restore trust in the financial system. To that end, the government ...

Japanese insurer gets Treasury tick to up Challenger stake

KANIKA SOOD  |  MONDAY, 19 AUG 2019
... take its stake in Challenger over 15% and seek board representation. This was subject to approval from APRA, and the Treasurer which was granted last week. MS&AD Insurance Group Holdings will be allowed to hold a 100% stake in Challenger Life Company ...

HSBC chief abruptly resigns

KARREN VERGARA  |  TUESDAY, 6 AUG 2019
... helped establish and expand the HSBC global markets business in Asia. His various roles across the group included group treasurer; deputy head of global markets and head of global markets, Europe, Middle East and Africa. At one point, he was chief executive ...