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Client ethics the future of advice

ELIZABETH MCARTHUR  |  THURSDAY, 29 AUG 2019
... advisers considering clients' ethics in recommending investment options. Payne, who is also chief of strategy at Tobacco Free Portfolios, explained that when she first started working in the ethical investing space, banks and superannuation funds would ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... also claim that no-deal would end uncertainty for businesses, be harmoniously managed by all sides and lead quickly to a new free-trade deal with the EU." It's just the uncertainty - or in Bacon's words "the fear of death" - that makes Brexit ...

Finance cheats more likely to cheat: Study

ELIZABETH MCARTHUR  |  FRIDAY, 23 AUG 2019
... regulatory proceedings, and criminal violations were all found to be more likely to use Ashley Madison than their misconduct-free counterparts. In the study of chief financial officers and chief executives, firm performance was found to have no correlation ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
Liberal Senator Andrew Bragg has again criticised what he called a "culture war" in the superannuation sector, saying the industry should refocus its energy on members. In his speech at the Rice Warner Symposium on Monday, Bragg condemned the lack of ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... Australia's luck hold out or would it luck out? For sure, the "Lucky Country" would make it to its 28th year recession-free economic performance (the last recession was in the June quarter of 1991) with us, Australians all, merely waiting for the ...

OnePath enhances OneView Life

HARRISON WORLEY  |  THURSDAY, 15 AUG 2019
OnePath has moved to enhance the abilities of financial advisers using its OneView Life client management portal. Advisers using OneView Life can now quote increases to their client's existing OneCare cover online, streamlining the service to ensure ...

Future Fund voted down Pinnacle equity grants

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... acquisition of the...loan shares, the company (or subsidiary) will lend funds to the relevant executive director on an interest-free, limited recourse basis. The executive director must then use those funds to acquire the loan shares directly, or if ...

Tasmanian super funds seek insurer

KANIKA SOOD  |  FRIDAY, 9 AUG 2019
... June 2018. The procurement is a covered procurement and is likely to be subject to the provisions of one, or several of the Free Trade Agreements, the Tasmanian Treasury said.

Chief economist update: Look out below

BENJAMIN ONG  |  TUESDAY, 6 AUG 2019
"If your opponent is temperamental, seek to irritate him." - Sun Tzu, The Art of War China's just implemented one of its greatest son's prescriptions and, for sure and for certain, it's gonna irritate Trump. Financial markets were shell-shocked ...

MLC Life appoints new executive

JAMIE WILLIAMSON  |  MONDAY, 5 AUG 2019
MLC Life Insurance has appointed a new executive, focused on driving new business in group insurance, from Freedom Insurance Group. Sean Williamson, most recently chief executive of the embattled Freedom Insurance Group, will join MLC Life this month ...