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Showing 981 - 990 of 2197 results for "In March"

ANZ, NAB bottom lines take a hit

KARREN VERGARA | TUESDAY, 24 APR 2018

... is also fronting the Royal Commission, did not disclose legal or compensation-related costs it anticipates to incur. In March 2016, the bank completed its de-merger of CYBG PLC, a UK-based banking business. As a result, it expects CYBG will increase ...

Centuria Life announces promotion

KARREN VERGARA | TUESDAY, 24 APR 2018

... national sales manager to further strengthen its property fund and investment bond distribution capacity, McBain said. In March, the ASX-listed firm signalled plans to acquire and enter partnership opportunities. The investment manager, with $4.6 billion ...

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA | TUESDAY, 24 APR 2018

... several areas of improvement and concerns over his ability to comply with his best interest duties. He was again audited in March 2017, which unveiled eight "high-weighted issues." He consequently received below par ratings of 'C' and at one point an ...

Westpac obscured bad adviser reference check

KARREN VERGARA | FRIDAY, 20 APR 2018

... Interestingly, Smith is currently practicing as a financial adviser with dealer group Dover after he resigned from Westpac in March 2015 before facing any repercussions. In May 2015, Dover rang Westpac seeking a reference on Smith. Westpac replied it ...

Powerwrap gears up for IPO

JAMIE WILLIAMSON | FRIDAY, 20 APR 2018

... joined as chief executive in January 2018, quickly setting about building out an entirely refreshed leadership team. In March the platform provider named former Netwealth chief operating and financial officer Bruce MacDougall as chief financial officer. ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG | FRIDAY, 20 APR 2018

... expectations. The Australian Bureau of Statistics' (ABS) update shows that while the unemployment rate remained at 5.5% in March - in line with expectations and unchanged from the January and February - total monthly employment growth increased by just ...

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON | THURSDAY, 19 APR 2018

... what we had paid for the advice, it wasn't going to put us back in a home," McDowall said. A subsequent offer of $50,988 in March - expressed by Westpac as its final offer - was declined on the same grounds. A complaint was then made to the Financial ...

Chief economist update: The colour of Beige

BENJAMIN ONG | THURSDAY, 19 APR 2018

... unchanged: "Economic activity continued to expand at a modest to moderate pace across the 12 Federal Reserve Districts in March and early April. Outlooks remained positive..." On inflation, "upward wage pressures persisted but generally did not escalate" ...

AI comes to SMSF administration

HARRISON WORLEY | WEDNESDAY, 18 APR 2018

... development in the SMSF administration space comes after BGL added Praemium data feeds to the Simple Fund 360 platform in March this year. Speaking at the time, Lesh foreshadowed BGL's addition of AI to Simple Fund 360, commenting that BGL had been working ...

MLC, Colonial First State make key appointments

JAMIE WILLIAMSON | WEDNESDAY, 18 APR 2018

... platforms and investments, replacing the long-serving John Shuttleworth. CFS further confirmed that Wall was replaced in March by BTFG's former head of platforms, Kelly Power. Power resigned from BTFG in December 2017 to join the wealth manager. In his ...

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Mulino brings New Class of Advisers to life, guarantees fairer CSLR funding

KARREN VERGARA

Assistant treasurer Daniel Mulino will forge ahead with the New Class of Advisers (NCAs) as part of highly anticipated Delivering Better Financial Outcomes (DBFO) reforms and laid out a blueprint of how the Compensation Scheme of Last Resort (CSLR) will be fairer for financial advisers.

Munro Partners to acquire GSFM

VINNY VUCAGO

Munro Partners will acquire GSFM, the Australian investment fund management affiliate of CI Global Asset Management, in a deal designed to strengthen its local distribution capabilities.

Treasury consults on foreign investment framework reforms

RIDDHIMA TALWANI

Treasury has opened a consultation to review existing conditions required for foreign investment approvals in Australia.

Australians struggle to navigate super and age pension divide

VINNY VUCAGO

Australians are approaching retirement with growing uncertainty about how superannuation and the Age Pension will work together, with new research pointing to gaps in both preparedness and confidence.

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Christian Mueller-Glissmann

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When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

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Rethinking default design in a changing market environment

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Andrew Gregory

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After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.

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