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Showing 71 - 80 of 103 results for "UNSC"

When Harry met Sally syndrome

BENJAMIN ONG  |  MONDAY, 2 FEB 2015
Seems like more and more central banks - big and small - are getting the 'when Harry met Sally syndrome' - "I'll have what she's having". The Swiss National Bank jumpstarted it all with its "surprise" decision to abandon its CHF1.20/euro peg. This was ...

Royal commission must look at 'full picture': TWUSUPER CEO

JAMES FERNYHOUGH  |  THURSDAY, 11 DEC 2014
Incoming TWUSUPER chief executive Paul Sayer has questioned the motivation of the Royal Commission into Union Governance and Corruption, urging the commissioner to take a balanced view in his initial findings, which are due out on Monday. Just over ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
Labor and the Greens have asked the government to postpone again the vote on the changes to the Future of Financial Advice (FoFA) legislation until the Financial System Inquiry (FSI) releases its conclusions. "Labor Senators urge the government to withdraw ...

CBA apologies again, refutes reckless culture accusations

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
Commonwealth Bank has apologised again for the misconduct of its financial advisers that resulted in clients losing millions in retirement savings and has refuted accusations that its sales-based culture was "reckless." The bank has issued a statement ...

Pickle wrapped in a bind

BENJAMIN ONG  |  MONDAY, 17 MAR 2014
... farce. The power to impose international sanctions and/or military action lies with the United Nations Security Council (UNSC). However, according to Wikipedia, "Under Article 27 of the UN Charter, Security Council decisions on all substantive matters ...

Hamilton calls for stricter SMSF licensing

MARK SMITH  |  WEDNESDAY, 5 FEB 2014
Stricter licensing rules would better protect investors from property spruikers and unscrupulous promoters of geared investment strategies within SMSFs, according to Hamilton Wealth Management's Ian Gillies. The Reserve Bank, Australian Taxation Office ...

ASIC warns consumers about NRAS property ads

MARK SMITH  |  TUESDAY, 22 OCT 2013
The Australian Securities and Investments Commission (ASIC) has warned consumers about advertising that promotes the use of self-managed superannuation funds (SMSFs) to invest in residential properties through the National Rental Affordability Scheme ...

Sherry joins calls to watch SMSF property spruikers

MARK SMITH  |  FRIDAY, 12 APR 2013
Former Australian Minister for Superannuation Nick Sherry has become the latest high profile figure to raise concerns about property "sharks" preying on Australian's superannuation savings. Speaking at the CPA's annual self-managed superannuation funds ...

ASIC targets SMSF confidence tricksters

MARK SMITH  |  THURSDAY, 11 APR 2013
The Australian Securities and Investment Commission (ASIC) will target 'unscrupulous' advisers trying to make quick money out of the fast-growing self-managed superannuation fund (SMSF) industry. Addressing a packed room at the Hilton Hotel in Sydney ...

UK adviser reforms drive out 9,400 advisers

ALEX DUNNIN  |  THURSDAY, 28 MAR 2013
The UK's Retail Distribution Review and its push to increase the professionalism of their adviser force has already lead to a 23% collapse in the number of financial advisers. The figures, based on analysis released by the UK Financial Services Authority ...