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Showing 661 - 670 of 3187 results for "Times"

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
... equity markets dropped. It didn't happen overnight, but it happened once more in 2019. After lifting the fed funds rate four times in 2018 and preparing the markets in September of that year for a further three more quarter-point increases in 2019, the ...

Ignition Advice enters UK market

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
... our partners, financial institutions, to truly scale their advice propositions," Donohoe said. "With rapid implementation times and great user experiences, the Ignition Advice platform provides the flexibility demanded by financial institutions." The ...

ASIC takes NAB to court

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
... February 2019. In just two years before the bank finally turned them of, about 5787 NAB customers were mischarged 195,305 times to the tune of $365,454 in total. NAB first identified the mischarging of PP fees in October 2016 when ASIC put out a statement ...

Government fund names new chief executive

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
... instrumental to AvSuper's continual expansion of services to our members, and in steering us through the challenging times of the GFC, COVID-19 and the significant regulatory change that has occurred over the past decade." Sykes will commence in ...

T. Rowe Price names new executive

ELIZA BAVIN  |  WEDNESDAY, 24 FEB 2021
... based in Sydney. "Greater demand is being seen by this segment for more selective exposure and risk management amidst these times of accelerated change and unprecedent volatility," Ross said. "Our key focus is to ensure wholesale and family office clients ...

Countdown to FASEA exam deadline

ELIZABETH MCARTHUR  |  TUESDAY, 23 FEB 2021
... FASEA exam since June 2019. "Registering for March will enable candidates the opportunity to sit the exam a further two times if necessary to pass the exam before the end of the transition period on 31 December 2021. FASEA encourages advisers to register," ...

Aussie dividends slump 40%

KARREN VERGARA  |  MONDAY, 22 FEB 2021
... on banking dividends by regulators. Banks accounted for one third of global dividend reductions by value, more than three times as much as oil producers, the second worst-hit sector. Globally, dividend cuts and cancellations reached US$220 billion ($285bn). ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... of ME Bank for $1.325 billion cash, funded by an underwritten capital raising of $1.35 billion. The price represents 1.15 times ME's net tangible assets. Combined, ME Bank and BOQ will have total assets of $88 billion and total deposits of $56 billion. ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... make it easy for these members to access advice around complex topics such as income streams and the Age Pension, which at times is attached with a "pride issue" that deters them from applying for it. "We owe them that right and have to think about how ...

J.P. Morgan dominates custody market

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... disruption. "Overall, the industry is highly automated, but a small proportion of asset types present challenges in normal times which are amplified through pandemic interruption," he said. J.P. Morgan head of securities services for Australia and New ...