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Showing 841 - 850 of 2995 results for "Problem"

Former Westpac adviser ban upheld

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
ASIC's banning of a former Westpac financial adviser has been upheld by the Administrative Appeals Tribunal. Last July, the corporate regulator banned Jason Atkins from providing financial services for three years. Perth-based Atkins provided advice ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
CommInsure admitted it misled the Financial Ombudsman Service that was helping resolve a claimant's dispute by deliberately withholding medical information and delaying the process, the Royal Commission heard yesterday afternoon. Counsel assisting ...

Chief economist update: Japan's sun shines

BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
... subtraction from growth should Trump take as aggressive a stance on Tokyo as he is on China. This should not be too much a problem so long as Japanese domestic demand maintains its growth momentum as shown in the June quarter national accounts. This ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... billion with Mexico. It's not hard to expect that Trump would be "dealing" harder and louder on trade tariffs. The problem is, the harder Trump goes on trade (and compounded by the strong US dollar) the greater the downward pull on the growth of ...

Philanthropists must move beyond the hierarchy

DARREN SNYDER  |  WEDNESDAY, 5 SEP 2018
... that's being done thoughtlessly, without any vision and without any real plans. He said philanthropists must know the problem or passion they are trying to address but also "how to do philanthropy" - which is two distinct skillsets. Opening the conference ...

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
A comprehensive ASIC review of direct life insurance found sales practices and products that offer little to no value are leading to poor consumer outcomes. The practises of 11 life insurance providers selling direct-to-customers were examined and included ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
The Royal Commission cast serious doubts over the ability of APRA and ASIC to effectively regulate the superannuation industry, questioning their purpose in safeguarding retirement savings and the stability of the financial system. In his fifth round ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
Retail superannuation funds at CBA, NAB, AMP and other institutions could face criminal charges after the Royal Commission's team of lawyers highlighted several instances where corporate and superannuation law was breached. The closing submission ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on August 2, BOE governor Mark Carney was quoted as saying: "The mistake is to always wait, wait, wait until you have perfect ...

AI to transform financial services: Deloitte

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
Artificial intelligence (AI) is set to transform the realities of financial institutions, according to a new research report. According to Deloitte and the World Economic Forum, AI will radically change front and back-office operations, and create major ...