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Showing 841 - 850 of 2042 results for "EIT"

Fee-for-service faces ultimate risk test

DARREN SNYDER  |  TUESDAY, 19 DEC 2017
Rollout of the Life Insurance Framework (LIF) on 1 January 2018 will be the strongest test of fee-for-service risk advice, a model seen as imperative to the financial advice industry's future. Industry experts say the critical component to make fee-for-service ...

Big 4, AMP fork out massive compensation bill

KARREN VERGARA  |  MONDAY, 18 DEC 2017
AMP and the big four banks refunded customers $215.9 million for charging ongoing advice fees that failed to provide actual general or personal advice. ASIC said this was in addition to the fees-for-no-service compensation figures identified in Report ...

Amazon still an early-stage company: Fundie

DARREN SNYDER  |  MONDAY, 18 DEC 2017
ARK Invest chief executive Catherine Wood holds the view that every stock in the firm's disruptive innovation portfolio is an early-stage growth stock, and this includes Amazon - a firm approaching US$600 billion market capitalisation. "The way we know ...

CBA hit with fresh AML breaches by AUSTRAC

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
The hits keep coming for CBA with fresh allegations of money laundering and counter-terrorism financing levelled by the regulator. In amended statement of claim released yesterday, AUSTRAC filed a further 100 alleged breaches of anti-money laundering ...

French giant intensifies action on global warming

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2017
One of Europe's biggest banks is calling on the world's influential financial sector to lead the transition to a low-carbon economy. BNP Paribas chief executive Jean-Laurent Bonnafe said that as the engine of the economy that brings individuals, investors ...

Good news or bad news?

BENJAMIN ONG  |  TUESDAY, 12 DEC 2017
Depending on one's proclivity, the latest batch of higher than expected liquidity and lending data out of China could be either good or bad. Good because they're indicative of continued strong growth momentum in the Chinese economy. Bad because they ...

YBR partners with top fintech

KARREN VERGARA  |  FRIDAY, 8 DEC 2017
Yellow Brick Road has partnered with an Australian startup that made the top 100 list of the best fintechs globally. Executive chair Mark Bouris said Prospa, an online lender has loaned more than $500 million to small businesses, was chosen to broaden ...

Salt reveals retirement hotspots

EMMA RAPAPORT  |  WEDNESDAY, 6 DEC 2017
New analysis from Demographics Group managing director Bernard Salt has revealed the lifestyle hotspots for Australian retirees in 2017. Commissioned by the Association of Superannuation Funds of Australia (ASFA) and presented at its recent conference ...

Advisers can benefit from the spirit of giving

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2017
Encouraging clients to engage in philanthropic activities in the lead up to Christmas can assist financial advisers in strengthening the advice relationship, according to Australian Unity Trustees. While giving increases as the festive season nears ...

Fund managers should have personal stake: Poll

KARREN VERGARA  |  MONDAY, 27 NOV 2017
Fund managers should 'put their money where their mouth is' and have a personal stake in the funds they manage, Financial Standard's weekly poll results show. About 80% of respondents either agree or strongly believe this statement, indicating portfolio ...