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

Search Results

Showing 91 - 100 of 199 results for "High Risk"

CBA advice compensation bill balloons

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
... by ASIC to assess the adequacy of CBA's 2012 review of potentially high-risk advisers and found 16 were potentially high risk. KordaMentha said it was satisfied with the processes CBA used to select samples and review the appropriateness of advice given ...

ASIC accepts EU from Brisbane adviser

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
... meet specific thresholds relating to lapsed policies. ASIC analyses these reports and other data to identify a group of high risk advisers. The resulting 'high risk list' is not in itself an assessment of poor quality advice, ASIC said, rather enables ...

HSBC cops historic fine for Lehman-linked failures

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2017
... expected of them, SFC chief executive officer, Ashley Alder said. This coupled with flawed practices and intrinsically high risk products magnified the risk and occurrence of significant losses for customers, he added. "The message should be clear: our ...

Hastings names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2017
... and knows that real return assets - led by infrastructure - play an important role in diversification, risk reduction, high risk-adjusted returns and long-term asset liability matching," Scullin said. Winder was appointed to the Hastings board in July ...

First Super halts private equity investments

ALEX BURKE  |  MONDAY, 10 APR 2017
... modern award," he added. "Businesses based on unsustainable labour costs or challengeable industrial arrangements pose a high risk of a permanent adverse movement in labour costs, potentially impacting on returns. Furthermore, where employees are denied ...

Coles sheds life insurance offering

JAMIE WILLIAMSON  |  MONDAY, 10 APR 2017
... double as much as the average group insurance available via superannuation, when contrasted against the 2015 super fund High Risk group insurance benchmarks. The price increased three-fold for low risk members and four-fold for non-Fly Buys members. ...

Bonds aiding not-for-profit investors

JAMIE WILLIAMSON  |  FRIDAY, 10 FEB 2017
... large amounts of cash needed to fund ongoing commitments but are not making the most of it, and in some cases, adopting high risk strategies to help generate better returns," Simpson said. NFPs traditionally invest via predictable term deposits to manage ...

ASIC bans Sydney adviser

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
... to attract a higher rate of interest. The regulator found that the products were actually unsecured and represented a high risk investment, and that - partly as a result of Keegan's actions - client funds were used improperly, even to pay Protect Ensure's ...

Super is "next on the menu" for disruption: new ASFA CEO

ALEX BURKE  |  THURSDAY, 10 NOV 2016
The superannuation industry is at high risk of being disrupted by the fintech sector, new Association of Superannuation Funds of Australia chief executive Martin Fahy has warned. Speaking at the 2016 ASFA Conference, Fahy noted the "challenges" inherent ...

Advisers must understand psychological differences

KERRIE SYDEE  |  WEDNESDAY, 19 OCT 2016
... investment risk tolerance across all ages is notably below men. The research showed that the percentage of women with a high risk allocation was only 30%, a figure 7.5% lower than their male counterparts. The difference in high risk allocation among ...