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

Search Results

Showing 91 - 100 of 397 results for %22Great Financial Crisis%22

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... customers have set up new accounts, both directly through CommSec but also through our new CommSec Pocket App which is a great way for new, less experienced and younger people to get exposure to the market." Despite the helter-skelter times, Burns said ...

Consumers looking for reassurance: MetLife

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
New research from MetLife shows Australian consumers are looking to financial institutions to alleviate anxiety during the current COVID-19 crisis, but more than half claim they haven't heard from their super fund. MetLife's COVID-19 Insights revealed ...

Morningstar releases time saving tool amid crisis

ALLY SELBY  |  THURSDAY, 9 APR 2020
... lost on administrative tasks, so they can focus instead on engaging new clients and growing revenue. Morningstar's financial planning software AdviserLogic will now feature a digital Statement of Advice (SoA) module, which will help streamline strategy ...

Fiducian grows adviser network

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
Fiducian Financial Services has added three new advisers to its national financial planning network, taking its total to 74. The company said it has continued to grow, opening two new franchises at the end of 2019 with three more set to open this month. ...

Open banking to charge on

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
... drive competition. ACCC chair Rod Sims said he believes a key driver of reform, and greatly improved competition in financial services will be the Consumer Data Rights (CDR) initiative. "We may not know when the gains from CDR will kick in, but we can ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... super as a "Team Australia" moment and have been clear that super funds are expected to get on board. "Superannuation is a great Australian asset, with around $3 trillion in savings. There is more than $300 billion in cash across the system and last ...

Time to step up or face the music

ALLY SELBY  |  THURSDAY, 2 APR 2020
... of what a responsible or irresponsible business looks like, it is important for all Australians to step up. "There's great uncertainty about the shape and duration of the infection curve, about its short and longer-term implications, about government ...

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
... markets," Koh said "As Australia has a commodity-based economy and as demand collapses globally, that's not going to be great for the market. "Australian REITs are stapled securities and in times of uncertainty, people start worrying about the earnings ...

Self-isolation to accelerate secular trends

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... self-isolation. And while that might be sad for most of us, some stand to benefit incredibly from the new normal. Speaking with Financial Standard, Antipodes Partners chief investment officer Jacob Mitchell said the impact of COVID-19 on stocks would ...

Fixed income liquidity squeeze bites

KANIKA SOOD  |  THURSDAY, 2 APR 2020
Financial advisers and investors in fixed income funds are feeling the heat as markets trade less frequently in the ongoing COVID-19 correction, and they are slugged with exit costs. Unlisted managed fixed income funds from giants like Vanguard and ...