Banking royal commission told that only 35pc of financial advisers have a relevant degree

The financial services royal commission has been told that there has been a rapid increase in the number of financial advisers, but less than half of them have told the regulator they hold a relevant university degree. Senior counsel assisting the commission, Rowena Orr QC, told the hearing that the
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Behind-the-scenes discussions between banks, regulators and industry associations are continuing to create a new Professional Banking Council that would govern industry-wide standards of professional conduct and competency, as banks brace for more damage to their reputations as the royal
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The ongoing banking sector crisis caught all of us off guard. Since the banking sector is one of the highest weighted sectors in many benchmark indices, are mutual funds safe from the crisis? Sohini Andani, fund manager at SBI Funds Management Ltd, tells us that a crisis for one set of banks is an
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Mortgages Recorded April 3, 2018 81 Brighton PARLATO, JEFFERY A Property Address: 321 GLEN RD, BRIGHTON, NY 14610-3541 Lender: WELLS FARGO BANK N.A. Amount: $9,553.33 TANASKOSKI, IVAN Property Address: 140 PENHURST RD, BRIGHTON, NY 14610-2755 Lender: MORTGAGE
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No Risk Alert Here: Before we dive into any analysis we simply note that Town Sports International Holdings Inc (NASDAQ:CLUB) risk is neither elevated nor depressed. We'll detail it below — but that's the lede — the option market is in a holding period with an IV30 of 48.65% versus the IV30 of the S&P
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Friends and family members of Dennis Raymond Branch, who died in a single-vehicle crash on Friday, recalled him as an always-on-the-go entrepreneur who did not let continual medical challenges slow him down. Branch, 66, who was instrumental in the creation and renovation of a number of
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The ADX is typically used in conjunction with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to help spot trend direction as well as trend strength. At the time of writing, the 14-day ADX for Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) is noted at 29.58.
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Yes, I had my first international business meeting for The Dubrovnik Times last week, well maybe not the first but certainly the most unusual. … Whilst real estate prices in Dubrovnik are spinning out of control just across the border you can buy a brand new, fully furnished stone villa with a swimming pool
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The real estate sector spends billions of rupees on marketing campaigns in print and electronic media to publicise their offerings. The Commission has received numerous concerns and complaints that certain housing societies across the country are deceiving consumers through deceptive marketing
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BLACK ENTERPRISE celebrates the 45th anniversary of its roster of the nation's most successful black businesses—The BE 100s. To commemorate the significance of this collective's widespread impact on black business and economic development as well as American industry over four decades, we
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The value of commercial loans including mortgages to investors has fallen 2.1 per cent, to $42 billion. Home loans to owner occupiers has risen 1.3 per cent to $21.5 billion, Australian Bureau of Statistics seasonally adjusted figures for February show. Personal finance loans were steady at $6.3 billion in
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CBRE secured a seven-year floating rate loan with 24 months of interest only through its Freddie Mac Seller Servicer direct lending program. Post-close, the community will be managed by Grace Management, which is wholly owned by CPF Living. Aron Will also recently arranged acquisition financing
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Performance in the real estate sector generally tracks the economic cycle. During periods of high growth and inflation, real estate investments usually post strong returns. However, during an economic bust, these investments tend to underperform. Goodland Group and SingHaiyi Group are real estate
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However, it was Mr. Eby's assertion that laundered money is connected to Vancouver's real-estate market that really cranked up the crowds. A growing chorus of Vancouverites from all sides of the political spectrum are calling for a public inquiry into the role money laundering played in foreign-buyer
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Bank of America will stop lending to companies that produce military-style firearms for civilian use in an attempt to curb mass shootings. After a spate of deadly attacks involving rapid-fire weapons, the bank on Tuesday announced it will no longer support firearm-manufacturing clients financially.
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In a statement yesterday, HMB said while it will stop underwriting any new primary mortgage, it “will continue to service all existing primary mortgage clients.” The mortgage financing entity said the primary residential market “is well served by TTMF” (Trinidad and Tobago Mortgage Finance), which is 51
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Bank of America Corp. (NYSE:BAC) has pledged to stop lending to companies that provide military-style firearms for civilian use. Vice Chairman Anne Finucane spoke on the matter in an interview with Bloomberg on Tuesday. “We want to contribute in any way we can to reduce these mass shootings,”
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Every trading day indicate diverse behavior and trends about Wheeler Real Estate Investment Trust, Inc. (WHLR) stock. Now we observed the different factors that seen on close of Monday session. At the end of the day, it's only a stock's performance that matters. Active investor focuses on important
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The Fresno County Economic Development Corporation invites you to join us for our 15th Annual Real Estate Forecast on Wednesday, April 18 at the DoubleTree Hilton Hotel in Downtown Fresno. Doors will open at 5 p.m. and the program will begin promptly at 5:30 p.m. Following the program there will
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