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Showing 981 - 990 of 2427 results for "NEC"

Misconduct matters, but stability key for Frydenberg

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
Treasurer Josh Frydenberg said eliminating misconduct was important, but the Government has other considerations to bear when implementing the Royal Commission's final recommendations. Speaking at the Australian Finance Industry Association conference ...

Court fines stockbroker $350k

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
The Federal Court has ordered a stockbroking firm to pay a $350,000 penalty for failing to comply with Market Integrity Rules. In early March 2011, State One Stockbroking placed 19 bids on behalf of a client when it should have reasonably suspected ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
The tug-o-war between the bulls and the bears continues on Wall Street as 2018 draws to a close. Whether this state of affairs - or better yet, resolved one way of another (up or down) - depends primarily on the end game of the on-going trade stoush ...

ASIC moves to make licensees FASEA compliant

JAMIE WILLIAMSON  |  FRIDAY, 9 NOV 2018
ASIC has opened consultation on a regulatory update that would see FASEA's minimum education requirements imposed on the responsible manager of a licensee. The regulator has proposed updates to Regulatory Guide 105 that would reflect the professional ...

GAM chief executive steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 7 NOV 2018
Alex Friedman has stepped down as chief executive of GAM effective immediately, with the group saying its next stage of evolution would be best served by new leadership. The latest development in what has been a tough few months for the Swiss-based ...

Chief investment officer retires

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
The chief investment officer at a prominent Australian asset manager is retiring after working at the firm for 12 years. Wilson Asset Management chief investment officer Chris Stott will soon retire to spend more time with his young family. Chairman ...

Chief economist update: BOJ on a steady

BENJAMIN ONG  |  TUESDAY, 30 OCT 2018
The Bank of Japan (BOJ) starts its two-day monetary policy meeting today and it's not about to give financial markets a Halloween spook when it announces the policy board's decision tomorrow. Monetary policy settings will remain unchanged - ...

Productivity Commission counters group insurance research

KARREN VERGARA  |  MONDAY, 29 OCT 2018
The Productivity Commission has taken a deeper dive into insurance inside superannuation and cast doubt into the sector's ability to help the Government alleviate social security payments. Releasing a supplementary paper to its May draft report ...

Tobacco-free portfolios divide investors: Poll

KARREN VERGARA  |  MONDAY, 29 OCT 2018
As more superannuation funds and investment managers divest tobacco from portfolios and encourage others to follow suit, a Financial Standard poll shows the initiative has a mixed effect on investors. The survey, which asked what best described the ...

ASIC keeps watch on SMSF auditors

DARREN SNYDER  |  MONDAY, 29 OCT 2018
Updating its position on self-managed superannuation fund auditors, ASIC said more than 120 have come under the regulator's watch in the five years ending June 30. ASIC said it has deregistered, suspended or imposed conditions on 101 SMSF auditors for ...