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Showing 971 - 980 of 3170 results for "Rather"

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... of participants indicated that they would have preferred a 50 basis point cut in the federal funds rate at this meeting rather than a 25 basis point reduction. They favored a stronger action to better address the stubbornly low inflation rates of the ...

MLC shuts down $28m fund

KANIKA SOOD  |  TUESDAY, 20 AUG 2019
... escalating costs associated with managing and administering the fund. "And as a result, MLC as chosen to terminate the fund, rather than significantly increase the management fees paid by the investors in the fund." NAB Asset Management has four main ...

ASIC bans adviser again

HARRISON WORLEY  |  FRIDAY, 16 AUG 2019
... without considering existing policies. Additionally, Aujla recommended insurance cover based on what his clients said, rather than thoroughly analyse their needs or consider the impact of premiums on their superannuation balance. ASIC previously banned ...

Super trustees to formulate whistleblower policies

KARREN VERGARA  |  MONDAY, 12 AUG 2019
... 321 Whistleblower policies, wanting such entities to focus on disclosures of information that qualify for protection - rather than disclose reports about issues and concerns. ASIC hopes that with proper policies in place, such entities can encourage ...

Renewed calls for risk-adjusted returns

KARREN VERGARA  |  MONDAY, 12 AUG 2019
... to growth assets compared to other MySuper options. "The board's priority is delivering consistent long-term returns rather than outperformance in any one year or our position in a survey," he says. Robert Brooks, deputy dean of education at Monash ...

Gender wealth gap down to 11%: Roy Morgan

KRISTI CHENG  |  THURSDAY, 8 AUG 2019
... executive Michele Levine said the report looked more at the holistic view of each gender's average financial position, rather than income and superannuation inequality, where much public comment is focused on. "Net wealth has been used here as a more ...

Why do we need royal commissions, Hayne asks

KANIKA SOOD  |  THURSDAY, 8 AUG 2019
... (Three or four word slogans have taken their place.)," he said. "Political, and other commentary focuses on what divides us rather than what unites us. (Conflict sells stories; harmony does not.) And political rhetoric now resorts to the language of ...

ANZ scraps individual bonuses

HARRISON WORLEY  |  TUESDAY, 6 AUG 2019
... accordance with regulatory requirements." ANZ said the changes would not impact the bank's total spend on compensation but rather its mix between fixed and variable remuneration, in an effort to reduce the "negative impact" an over emphasis on individual ...

Xplore continues hunt for chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... mainly due to market movement. It also launched a new wrap - the first product to be launched under the Xplore Wealth brand rather than its former name, managedaccounts.com.au. That rebrand was also finalised during this quarter. However, retail client ...

ASIC warns trustees on employer inducements

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
... the recent changes to the law will ensure that super trustees are promoting their products to employers on their merits, rather than the inducements they can provide. ASIC's new guidance will make it easier for them to understand their new obligations ...