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Showing 971 - 980 of 5174 results for "Yes"

Westpac obscured bad adviser reference check

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... personal advice, he should have done so with a statement of advice rather than "dressing it up as execution only instructions?" "Yes. Absolutely," Wright said. After reviewing the file, Wright said Smith "tried to not circumvent the system but tried ...

Abacus confirms new MD

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
Abacus Property has confirmed its new managing director after the passing of incumbent managing director Frank Wolf. Wolf was due to retire in July after his 65th birthday. Abacus announced in January that current chief investment officer Steven Sewell ...

AMP deliberately misled ASIC over ongoing fees

ALEX BURKE  |  TUESDAY, 17 APR 2018
... teams at AMP that there had been a separate practice of ring-fencing going on throughout the period after 2015," Hodge said. "Yes, I think that's correct," Regan responded. Hodge said based on a Clayton Utz report, AMP formulated a view to describe the ...

AMP's buyer of last resort measures scrutinised

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... quite a strong incentive for the adviser to place a client on a platform that is on the APL?" Hodge asked. Regan replied: "Yes, noting that was in 2012. I cannot be sure that there was no other BOLR policy between 2012 and 2017." However his evidence ...

Chief economist update: Can't get enough of war

BENJAMIN ONG  |  MONDAY, 16 APR 2018
... released its report entitled "Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States." Yes, the currency war manifesto. "This report, by monitoring where unfair currency practices may be emerging and encouraging policies ...

ASIC fees to more than double

JAMIE WILLIAMSON  |  THURSDAY, 12 APR 2018
The cost of doing business with the corporate regulator has gone up under draft legislation supporting the new funding model for ASIC, released by Treasury yesterday. Under the draft reforms, the hourly rate charged by ASIC will more than double from ...

Chief economist update: RBA certain to raise interest rates

BENJAMIN ONG  |  THURSDAY, 12 APR 2018
Speculate no further, "the next move in the cash rate will be up, not down." Reserve Bank of Australia (RBA) Governor Philip Lowe cannot be more explicit about monetary policy direction than this when he addressed the Australia-Israel Chamber of Commerce ...

Chief economist update: Synchronised global slowing?

BENJAMIN ONG  |  WEDNESDAY, 4 APR 2018
... reports, "Growth slowed in the euro area, China, Japan, India and Australia, but improved in the US, the UK, Brazil and Russia". Yes, America still remains on top. Growth continues to improve in the US manufacturing sector. Trump still has a strong bargaining ...

Facebook scandal raises ESG concerns

ALEX BURKE  |  TUESDAY, 3 APR 2018
... ask: are these issues material? Does the breach pose a risk? And do we need to act? The answer to all of those questions is yes." Like Vynokur, BT Investment Management chief executive Emilio Gonzalez believes the discussion around Facebook's eligibility ...

ASIC co-deputy chair named

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
Federal Revenue and Financial Services Minister Kelly O'Dwyer announced a legal expert will join Peter Kell as ASIC's co-deputy chair. The Federal Government nominated Daniel Crennan to the newly created position and he will work alongside Kell, who ...