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| | | ASIC has filled its second deputy chair position to replace Peter Kell, who finished up yesterday. Outgoing Productivity Commission deputy chair and commissioner Karen Chester will commence on 28 January 2019 for a five-year period. Chester was appointed ... |
| | | | ... hinting a down move on interest rates. In his address to the Australian Business Economists Annual Dinner in Sydney yesterday, Debelle said: "The Reserve Bank has repeatedly said that our expectation is that the next move in monetary policy is more likely ... |
| | | | ... IOOF's advice-lead wealth management focus and is a stronger strategic fit with Sargon," he said. After closing at $7.17 yesterday, IOOF's share price suffered a drop of around 33% by 12:40pm, to $4.74. Story last updated at 1:03pm |
| | | | ... Labor federal minister took over as the chair of the super-fund-owned fund manager and Industry Super Australia (ISA) yesterday. Both Garry Weaven (IFM) and Peter Collins (ISA) stepped down from their respective chair roles yesterday. Combet said it ... |
| | | | ... advisers wanting to provide specialist advice on retirement living and aged care. Speaking at a media briefing in Sydney yesterday, Aged Care Gurus principal Rachel Lane said when people think of aged care, their mind immediately goes to residential ... |
| | | | ... members by helping them look after their financial health now and into the future," Edwards added. The merger took place yesterday. |
| | | | ... take nine years to remedy. He also flagged more issues in relation to corporate super clients. Fronting the commission yesterday, Wilkins said in February 2018 AMP's review and remediation committee endorsed a baseline approach to mediation for both ... |
| | | | ... the board are doing their hob, why should you need someone to sue NAB so you can sort these things out?" Orr asked. Yesterday, NAB chief executive Andrew Thorburn said wealth management had become an unnecessary failure for Australia's big banks, while ... |
| | | | The ups and downs in US equities over the past weeks reminds me of the book, "A Random Walk on Wall Street", authored by Princeton University economics professor Burton Malkiel back in 1973, which posited that: "...short run changes in stock prices ... |
| | | | ... late. "We now, as of today, have a process that we will first look at a matter and say, 'why not litigate?'" Yesterday, the Commission found ASIC does not formally record its meetings with the board and executives of financial services firms. ... |
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