Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1021 - 1030 of 4053 results for "Overall"

Cost of advice soars as red tape grows

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... sweeping through the financial planning profession is creating significant risks. "While we welcome reforms that improve the overall standard of financial advice, financial planners and their clients are paying an unreasonably high price for it," De ...

The case for an overhaul of advice: Rice Warner, FSC

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... specifically includes more complex and or risky products or topics. The report noted the cost of advice can deduct from the overall value of advice. However, people who receive advice are generally happier. The proposal for simple personal advice would ...

Derivatives issuer cops $75m penalty

ELIZA BAVIN  |  MONDAY, 19 OCT 2020
... serious nature of the contraventions, along with the need to send a clear message, justifies the high penalties. "The overall penalty for AGM be higher than that for OTM and Ozifin, reflecting the failure by AGM to discharge its obligations as the holder ...

Pandemic batters life insurers

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
... continues to be well capitalised, with this year's capital-coverage ratio remaining consistent with the prior year at 1.8. Overall, Kells said the life insurance industry now faces additional significant challenges in responding to the impacts of ...

Active managers grapple with EM

KARREN VERGARA  |  WEDNESDAY, 14 OCT 2020
... -2.8% p.a. for the Ironbark Copper Rock Emerging Markets Opportunities Fund and the Lazard Emerging Markets Equity Fund. Overall, the emerging markets sector's average return for the three years was 3.5% p.a. while the benchmark return was 5.6% p.a.. ...

CBA executive pay voted in

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... favour of it. CBA chair Catherine Livingstone explained the bank had implemented a new remuneration framework which reduces overall maximum executive pay by 19% and increases Comyn's vesting period to a maximum seven years. "Our objectives in making ...

Still a way to go on mental health: SuperFriend

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... research: Indicators of a Thriving Workplace shows the industry surged from sixth place in 2019 to secure the second-highest overall thriving workplace score coming behind information media and telecommunications. SuperFriend chief executive Margo Lydon ...

Rest appoints three investment specialists

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
... Ken Marshman said: "The appointment of three eminent investment experts to the board investment committee is part of the overall redesign of the investment governance structure, which complements the recent appointment of Andrew Lill as Rest's chief ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... failed to address the greatest area of consumer harm in super which is outside the default system." However, she added: "Overall, the budget was a missed opportunity to improve retirement outcomes for low income earners and women." The Association of ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... they improve. The government is planning to fund this by increasing the levies paid by regulated financial institutions. Overall, it said it will provide $159.6 million over four years from FY21 to implement the reforms to superannuation. Three other ...