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Showing 691 - 700 of 1584 results for "Power50"

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
... and Venezuelans are confused for higher taxes and lesser subsidies would only further erode Venezuela's purchasing power - even with a 3464% increase in wages. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... is cycling and re-cycling on the overall economy through reduced consumer optimism, weak consumer spending, weak pricing power (low inflation) and so on and so forth. Low inflation, in turn, provides no impetus for a lift and wages and pensions (indexed ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial advice industry is bracing itself for more proposed changes to approved product lists (APLs), remuneration and terminology following the Productivity Commission's inquiry into the state of competition in Australia's financial system. ...

Member takes $50 billion industry fund to court

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
An individual member is taking a $50 billion superannuation fund to the Federal Court for failure to disclose its exposure to climate change risk and preventative actions. Mark McVeigh, a 23-year-old Rest member, is taking the fund to court over claims ...

Frontier names head of real assets arm

KARREN VERGARA  |  FRIDAY, 13 JUL 2018
Frontier Advisors appointed an investment banker to lead its real assets division. Isabelle Demir joins Frontier Advisors as head of real assets on July 30. The asset consultant has about $300 billion under advice. Demir will work closely with property ...

AI and avatars set to alter wealth management

HARRISON WORLEY  |  WEDNESDAY, 4 JUL 2018
The latest innovation in banking and wealth management involves a New Zealand artificial intelligence firm, one of UBS' regional chief investment officers and IBM. UBS has partnered with New Zealand AI company FaceMe to produce a digital version ...

New campaign combats elder financial abuse

KARREN VERGARA  |  MONDAY, 18 JUN 2018
Several organisations are joining a new campaign to help tackle elder financial abuse. The Australian Banking Association, National Seniors, Council on the Ageing, Older Persons Action Network and the Financial Services Union are calling on state governments ...

Estate planning lawyer fined for misconduct

KANIKA SOOD  |  WEDNESDAY, 30 MAY 2018
A solicitor who witnessed a client's estate planning documents before they had been signed by the testator or donor recently copped a $3000 fine and escaped being struck off the Roll. Martin Dubler is on the Supreme Court of New South Wales Roll ...

$50 billion super fund appoints new analyst

KANIKA SOOD  |  FRIDAY, 11 MAY 2018
A top super fund that manages $50 billion on behalf of two million members has appointed a new senior analyst, after the incumbent moved to a boutique manager. Rest is welcoming Steven Green as a senior analyst, replacing the outgoing William Riggall. ...

RC suggests separating platforms and advice licensees

ALEX BURKE  |  MONDAY, 30 APR 2018
One of the key points made by Senior Counsel Assisting Rowena Orr at the end of the financial advice Royal Commission was that vertical integration of advice licensees and platform providers carries systemic risk. Orr said that licensees using approved ...