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Showing 9501 - 9510 of 28277 results for "NOT"

Home buyers lack basic financial concepts

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... education. Demonstrating the need for financial advice, the Westpac Home Ownership Report found almost half of home buyers did not understand the meaning of equity (49%) or what an offset account is (48%). Eighty-four percent of respondents said that ...

MLC Life Insurance reviews terms and definitions

KARREN VERGARA  |  FRIDAY, 26 APR 2019
... domestic duties" criteria if performing full-time domestic duties or child rearing when they applied for the cover and have not been working for 12 months prior to disability. Under new critical illness definitions, MLC has specified complications for ...

ASA to vote against AMP remuneration

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
... While the Board of AMP slashed bonuses in 2018 and is adopting a new remuneration model in line with ASA's guidelines, it has not been finalised," ASA said. "There is therefore insufficient detail about the 2019 KPIs, targets or vesting to deliver confidence ...

Chief economist update: Lock in two RBA rate cuts

BENJAMIN ONG  |  FRIDAY, 26 APR 2019
... the RBA was still insisting that the next move in interest rates is likely to be up rather than down) - now locks it in into not just one but two interest rate reductions. Yes, two rate cuts. While now rational rationales have emerged justifying RBA ...

HESTA joins ESG social media fight

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... globally." When asked to clarify what kind of action HESTA hopes to see from social media companies given that divestment is not presently an option, a spokesperson for the super fund said: "Our objective is to get Facebook, Twitter and Alphabet to the ...

APRA grants ADI licence to Judo Bank

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... banks. "86 400's full licence application is progressing well and we look forward to making an announcement of our own in the not-too-distant future." Judo is the second fintech to be granted an unrestricted ADI licence this year, the first being Vol ...

Fire drills needed to meet APRA standards

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... this stuff will be easy in some respects. Some others will probably have some form of difficulty. "A small mutual bank may not have a dedicated security team and you'll find that they may have some difficulty in implementing some of these areas as well. ...

Aussie instos among most responsible investors

HARRISON WORLEY  |  WEDNESDAY, 24 APR 2019
... alongside the likes of CalSTERS, and Japan's Government Pension Investment Fund. However, New America said the funds could not rest on their laurels, pointing out significant areas of improvement remain, such as investing in frontier markets and following ...

Compensation experts boost chief executive pay

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
... financial services chief executive pay levels. Whether financial services chief executives are paid more than other firms was not explicitly considered in the paper," he said. ASX-listed firms must disclose the use of compensation consultants as part ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... even if you tried; the S&P 500 index and the Nasdaq Composite Index surpassed their former peaks overnight. And the Dow is not far behind - it's off a mere 0.6% away from its all-time high. Yes Virginia, you can be forgiven for scratching your head ...