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Showing 1211 - 1220 of 4374 results for "Press"

Group premiums rise 34%

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
Members of Defence Bank Super and Crescent Wealth Super have been notified their insurance premiums will increase 34%, after TAL advised it would increase premium rates. The funds informed members the changes were as a result of recent legislative changes ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... the ECB) expecting to "coordinate" policy responses, pause for thought. For as Fed chair Jerome Powell explained in his press conference: "We do recognise that a rate cut won't reduce the rate of infection... It won't fix a broken supply chain. ...

Chief economist update: Coronavirus causes equity market correction

BENJAMIN ONG  |  MONDAY, 2 MAR 2020
... number of countries affected climbing past 60 and the death toll hitting 3000." So goes another grim headline from Associated Press which, I surmise, is to take eyeballs and/or readership from other media organisations by printing the gloomiest and doomiest ...

Hollywood actor charged by SEC

ELIZA BAVIN  |  FRIDAY, 28 FEB 2020
... media accounts encouraging the public not to "miss out" of B2G's initial coin offering (ICO). The SEC said Seagal put out a press release titled "Zen Master Steven Seagal Has Become the Brand Ambassador of Bitcoin2Gen" and B2G released its own which ...

Court punishes OTC derivative issuers

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
Three over-the-counter derivatives providers have been found guilty of contravening their AFSL licences by using account managers to pressure retail investors into purchasing products which lost investors more than $30 million. The Federal Court has ...

Unsatisfied HESTA members head for exit

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
An activist group who met with $50 billion industry fund HESTA following a protest have revealed that several from their group were so disappointed with the outcome of the meeting that they're leaving the fund. Healthy Futures is an organisation ...

Climate threat pushes Aussies to sustainability

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
Mutual fund assets in sustainable investments surged 23% in 2019, as Aussie investors wake up to the "critical threat" of climate change. Singapore based research and consulting firm Cerulli Associates found that the sector recorded $1.2 billion in ...

Queensland adviser barred from industry

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
... time". It argues Houwing was not "adequately trained or competent to provide financial services". ASIC Commissioner Danielle Press said behaviour like Houwing's tainted the reputation of the financial advice system. "The failure of financial advisers ...

Academics protest UniSuper investments

HARRISON WORLEY  |  WEDNESDAY, 26 FEB 2020
UniSuper is again facing criticism over its continued investment in fossil fuels, this time directly from its members. Led by advocacy group Market Forces, university academics are today protesting against what they describe as UniSuper's "continued ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
Equity markets appeared to be immune several weeks after COVID-19 first made global headlines - it was known as "novel coronavirus" then - with the S&P 500 index and the S&P/ASX 200 index, among others, even hitting record highs. Even heavily-hit China's ...