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Showing 711 - 720 of 2379 results for "Rule"

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
The Global Financial Crisis of 2008 gave birth to "non-conventional monetary policy" - where many developed country central banks lowered interest rates to zero/negative and/or engaged in quantitative easing. While these prevented the "Great Recession" ...

Statewide still keen on mergers

KANIKA SOOD  |  MONDAY, 9 SEP 2019
All options are on the table at Statewide Super, including looking at potential retail fund partners, but three-way mergers are too much execution risk, according to chief financial and operating officer Grant Eastwood. Statewide canned plans to merge ...

United front but no merger: AFA

JAMIE WILLIAMSON  |  MONDAY, 2 SEP 2019
... FPA represent about 70% of Australia's financial advisers. Appearing at the FSC Summit earlier this week, De Gori didn't rule out the possibility however, saying any merger would be up to the members of each association. "We've rebuilt, if you like ...

Client ethics the future of advice

ELIZABETH MCARTHUR  |  THURSDAY, 29 AUG 2019
... in order to have their ethics." Payne asked the advisers in the room to consider what kind of companies their ethics would rule them out from working for. One adviser said she wouldn't work for Afterpay because she views it as a company that harms people's ...

Advice association merger up to members

HARRISON WORLEY  |  THURSDAY, 29 AUG 2019
... closer recently in the face of sustained legislative and regulatory pressure on the industry, De Gori said he wouldn't rule out the associations becoming one. "We've rebuilt, if you like, a relationship with the AFA in particular about working ...

ASIC approves name and shame rules

KARREN VERGARA  |  TUESDAY, 27 AUG 2019
The corporate regulator has given the Australian Financial Complaints Authority the green light to name financial services companies and superannuation funds in its determinations. In deciding to disclose names, ASIC said this will help identify conduct ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
Houston, we have a problem - a gigantic one! Talk about spoiling everybody's weekend. Wall Street fell sharply at the close of last week's trading. Was it due to disappointment over US Fed chair Jerome Powell's much-anticipated words at ...

Perpetual in acquisition mode

KANIKA SOOD  |  FRIDAY, 23 AUG 2019
Perpetual is willing to break away from its value investing heritage as it looks for new investment managers to add to its lineup. Perpetual Investments, which brings almost half of the company's operating profits, reported a 29% slump in its profits ...

Complex retirement system requires simplicity: Report

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
A new report is putting forth key reforms needed to make superannuation fairer and more efficient ahead of the Federal Government's review of the retirement income system. The Actuaries Institute outlined a number of reforms needed to help fix the ...

State Street ETF in franking credit kerfuffle

KANIKA SOOD  |  THURSDAY, 15 AUG 2019
... the period remain uncertain because State Street is not permitted to carry surplus franking credits under the ATO benchmark rule to the next financial year. What is the 'benchmark ceiling' rule? Any managed investment schemes, including ETFs, must pass ...