Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 811 - 820 of 2030 results for "Let"

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
The latest Australian employment growth stat misses market expectations. The Australian Bureau of Statistics' (ABS) update shows that while the unemployment rate remained at 5.5% in March - in line with expectations and unchanged from the January and ...

Dead advice clients slugged ongoing service fees

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
The Commonwealth Bank has admitted one of its advice subsidiaries charged ongoing service fees to clients it knew had passed away. Providing testimony to the Royal Commission today, CBA executive general manager, Commonwealth Private Marianne Perkovic ...

No view on ending adviser commissions: AMP

ALEX BURKE  |  TUESDAY, 17 APR 2018
... fees-for-service, and Hodge conceded AMP could do that. "Why don't you, then?" Hodge asked. "The arrangements we have in place are to let planners negotiate their own arrangements, and we're working through the overall grandfathering period," Regan said. ...

Fintech launches active trading platform with no monthly fees

KANIKA SOOD  |  TUESDAY, 17 APR 2018
Saxo Capital Markets Australia has launched its new active trading platform that will let users trade over 35,000 financial instruments at no monthly fees and without expensive legacy hardware. The product is aimed at professional traders and smaller ...

CBA advice failures unacceptable: Comyn

DARREN SNYDER  |  FRIDAY, 13 APR 2018
Commonwealth Bank chief executive Matt Comyn apologised for the group's financial advice failures as two CBA planning subsidiaries entered an enforceable undertaking with ASIC - all before the financial services Royal Commission tackles advice on Monday. ...

Open banking data to become super fund value add: QMV

KANIKA SOOD  |  FRIDAY, 13 APR 2018
... which can then use this data to improve services. For superannuation funds, integrating open data from banking services can let them assess the how shortfalls in a member's retirement savings are impacting their lifestyle. It can also help reconcile ...

Chief economist update: Let's talk about oil baby

BENJAMIN ONG  |  WEDNESDAY, 11 APR 2018
The Middle Kingdom's supremo, Chinese President Xi Jinpeng, sent equity markets on the up and up. Instead of talking tough and raising the ante on the brewing trade war with the US, Xi announced the opposite. In his speech at the Boao Forum for Asia ...

Flinders fund offers insto rates for retail investors on HUB24

KANIKA SOOD  |  TUESDAY, 10 APR 2018
Boutique fund manager Flinders Investment Partners is offering retail investors investment intellectual property (IP) from its Flinders Emerging Companies Fund at about 60% less than retail rates. The slashed retail rates, which are at par with institutional ...

Royal Commission to take "labyrinthine" advice legislation to task

ALEX BURKE  |  MONDAY, 9 APR 2018
In its background paper leading up to the financial advice inquiry on April 16, the Royal Commission has called out the "labyrinthine" regulatory regime in which the industry operates. The paper notes the current legislative framework for financial ...

What will estate planning look like in 2020?

DARREN SNYDER  |  WEDNESDAY, 4 APR 2018
... amount at about 5%. It could apply to contributions but it should never apply to non-concessional contributions, Chew said. "Let's not be fearful of every dollar must be in super. It's really about the tax effectiveness. If it's still effective to be ...