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Showing 8161 - 8170 of 21779 results for "Dec"

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
The Reserve Bank of Australia (RBA) may not even need to acquiesce to mounting consensus expectations for at least one interest rate cut this year after the Australian Bureau of Statistics' (ABS) good news on the country's unemployment rate ...

Former Financial Wisdom adviser banned

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
ASIC permanently banned a former Financial Wisdom financial adviser from working in financial services. Anneliese Ada Willmott was an authorised representative of CBA subsidiary Financial Wisdom from 12 November 2015 until 10 August 2017. Financial ...

Listed infrastructure to hit double digits: CBRE

KANIKA SOOD  |  THURSDAY, 21 MAR 2019
The boutique that took over a slice of UBS Asset Management's assets in December says listed infrastructure could return 12-14% in the next 12 months, the Financial Standard Advisers Big Day Out heard. Speaking at the Sydney leg of Financial Standard's ...

UBS fined $51m for reporting breaches

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
Swiss bank UBS AG has been slapped with a £27.6 million ($51.1m) fine for breaching reporting rules stretching nearly a decade. UK regulator the Financial Conduct Authority found UBS did not provide complete and accurate information relating to about ...

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
If there's anything that captures the greed on Wall Street, it's the US equity market's reaction to the Fed's decision following its 15-16 March 2019 FOMC meeting. The Fed gave the markets what they expected - it kept the Fed funds rate ...

AMP scraps bonuses

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
AMP will no longer be awarding incentives for leadership teams. Meanwhile, former executives have forfeited long and short term incentives and fees paid to board directors have been reduced. In its 2018 annual report chairman David Murray wrote: "The ...

AFA takes red pen to Hayne report

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
The Association of Financial Advisers has stepped up its opposition to the Royal Commission's final report, claiming the inquiry failed to acknowledge the value of advice. In a paper released by the association this week, AFA general manager policy ...

Industry fund chief executive to depart

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2019
The long-serving chief executive of an industry superannuation fund is stepping down and the hunt is on for a replacement. REI Super chief executive Mal Smith will leave the $1.5 billion fund later this year, choosing not to pursue another contract ...

Emerging markets for the win: ABDO

KANIKA SOOD  |  WEDNESDAY, 20 MAR 2019
The Sydney leg of Financial Standard 's Adviser Big Day Out roadshow has heard how one of the best performing multi-asset strategies is favouring emerging markets over developed ones as it picks its investments. Addressing the crowd in Sydney this ...

Royal Commission will guide remuneration standard: APRA

DARREN SNYDER  |  WEDNESDAY, 20 MAR 2019
What APRA learned from its prudential inquiry into Commonwealth Bank, and the Royal Commission, will help shape its updated and soon-to-be released standard on remuneration. APRA executive general manager, policy and advice, Pat Brennan told an industry ...