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Showing 9691 - 9700 of 28277 results for "NOT"

Banks, ASIC still at war over fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... calculate interest to reflect lost earnings, but would calculate interest at the RBA cash rate plus 4% in instances when it could not do so. The bank's offer was chided by the regulator for also failing to meet the RG256 guidance. Westpac licensees Securitor ...

Digital engagement boosts investing demand

KARREN VERGARA  |  TUESDAY, 12 MAR 2019
... access to information in their investment decision-making." The choppy market conditions in the December 2018 quarter did not deter investors from trading as many saw the equities sell-off as a buying opportunity, he added.

Chief economist update: Iron ore up or iron ore down?

BENJAMIN ONG  |  TUESDAY, 12 MAR 2019
Iron ore prices are going to go up. Iron ore prices are headed lower. Iron ore prices will go up and then head down. These are the different forecast permutations on the outlook for iron ore. Here's a quick sampling of the Australian Financial Review's ...

Clayton Utz finally hands AMP notes to ASIC

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... large financial institutions, and would use all legal powers at its disposal to do so. He also expressed disappointment in AMP not handing over the documents earlier. "Entities should take seriously their obligations under statutory notices issued by ...

Amendments to retirement income law assent

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... the rest of the person's life. The EM goes on to explain that the existing means test rules for lifetime income streams were not appropriate for the "wide possible range" of complex products the parliament expects to emerge under SIS regulations changes ...

ASIC scolds banks over fee-for-no-service delays

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... financial services institutions are taking too long to remediate customers over their fee-for-no-service issues and ASIC is not pleased. The corporate regulator released an update to the "further review" programs currently underway at six of Australia's ...

Interest in early access to super rises

JAMIE WILLIAMSON  |  MONDAY, 11 MAR 2019
... It may be more flexible and tax efficient than using a transition to retirement (TTR) pension, he added. Such structures do not receive a tax exemption on earning and have a maximum income payment of 10% of the account balance, Perri explained. "The ...

Slow but steady: SMSF growth continues

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... funds, while 58% of money leaving SMSFs landed in the retail sector. This could explain why net flows to SMSFs are lower for not-for-profit super funds, which lost $2.6 billion overall to SMSFs last year. This is in comparison to the $3.2 billion that ...

Bond fund launches to local investors

KARREN VERGARA  |  MONDAY, 11 MAR 2019
... in their portfolios, to provide diverse sources of income - by geography, industry and sector. "However, some investors may not have the resources to manage such a diverse portfolio. Outsourcing the asset allocation decisions between the wide range of ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... Virginia, I've turned into Dr. Doom's (Nouriel Roubini's) mini-me since the second half of 2018. How could anyone not be? Certainly, tariff man Trump's war on trade has compounded the world's growth challenges but still, it's ...