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Showing 91 - 100 of 426 results for "Danger"

ASFA strikes back at super detractors

HARRISON WORLEY  |  WEDNESDAY, 13 NOV 2019
Association of Superannuation Funds of Australia chief executive Martin Fahy has hit out against vocal critics of the super system on the opening morning of the 2019 ASFA Conference in Melbourne today. Fahy took to the stage to call on the government ...

Recognition for industry leader in fight against slavery

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... in the second half of next year. "There is a risk of some companies taking only a compliant attitude to this. That is a danger," Carlsson-Sweeny said. "Collaboration is a key word. You can't expect 3000 reporting entities to go out and re-invent the ...

MySuper not the only problem: AIST

HARRISON WORLEY  |  THURSDAY, 26 SEP 2019
... in the MySuper is welcome, the millions of consumers who are being ripped off by high fees and poor performance are in danger of being ignored," she said. "Extending regulatory focus to the non-default (choice) sector, where underperformance is endemic ...

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
... interest rates, governments could borrow and spend and reverse the economic downdraft at very low costs. There's no danger of what Economics 101 taught us happening - no "crowding out" (a situation where increased government borrowing lifts inflation ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
Insurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interests First super reforms passed through the Senate yesterday. The Senate passed ...

Calls to give ASIC power to repair reputations

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
A prominent lawyer has argued ASIC should be given the power to issue "no action letters" to those not under formal investigation for wrongdoing following the Royal Commission. Philip Crutchfield, QC, who previously acted for the corporate watchdog ...

ASIC clamps down on poor advice, grandfathered commissions

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
ASIC warned it will clamp down on financial advice misconduct and ensure it sees an end to grandfathered commissions. The corporate watchdog outlined its priorities for the advice sector between now and 2023 in its recently released Corporate Plan. ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... government's assumptions are becoming off-target - Australia and the world are now finding themselves facing real and present danger of a recession. To be fair, the Budget Papers were compiled before it was made public on April 2 this year - a month ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
Liberal Senator Andrew Bragg has again criticised what he called a "culture war" in the superannuation sector, saying the industry should refocus its energy on members. In his speech at the Rice Warner Symposium on Monday, Bragg condemned the lack of ...

Impact investing under threat

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
Advocates of impact investing are in fear for the future of the movement, issuing warnings about the dangers of impact-washing. A recent analysis of green themed funds around the globe found 85% make unsubstantiated and misleading impact-related claims ...