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

Search Results

Showing 1271 - 1280 of 4430 results for "Poor"

The kindness of central banks

BENJAMIN ONG  |  TUESDAY, 10 JUN 2014
... shorts are back. "They're loading up again, sending bearish wagers in the SPDR exchange-traded fund tracking the Standard & Poor's 500 Index to almost 11 percent of its shares, the highest proportion since 2012, according to data compiled by Bloomberg ...

Federal Court finds S&P guilty in landmark ruling

MARK SMITH  |  FRIDAY, 6 JUN 2014
A landmark ruling by the Federal Court against ratings agency Standard & Poor's, ABN AMRO and Local Government Financial Services (LGFS) could have implications across the world. The Federal Court ruled in favour of 12 NSW local councils who lost millions ...

Market wrap

AAP  |  TUESDAY, 3 JUN 2014
The Australian share market was weaker in early trade ignoring positive leads out of the US overnight. US markets scaled record highs following a solid report on US manufacturing activity, while European markets were flat on soft German inflation data. ...

Bring on compulsory annuities, says Deloitte partner

JAMES FERNYHOUGH  |  WEDNESDAY, 28 MAY 2014
... British chancellor George Osborne announced in the UK budget that he would scrap compulsory annuitisation, following some poor market behaviour by annuities providers and a fierce negative campaign in the British press. Mason, however, suggested that ...

CBA leads on client satisfaction despite planning scandals

LAURA MILLAN  |  TUESDAY, 27 MAY 2014
... advisers at 84.2% in the year to March 2014, a Roy Morgan survey revealed. Satisfaction is high despite the fact that cases of poor advice within the bank's planning unit have appeared constantly in the media over the last few months and have even prompted ...

ASIC warns of complacency over confidential information

MARK SMITH  |  TUESDAY, 27 MAY 2014
... otherwise - about unfairness in access to market-sensitive information." Price said that some companies came up short because of poor implementation of their policies and procedures to handle material information - not because there were no policies ...

FoFA changes to cost consumers millions

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
... be required to pay higher fees/commissions if many of the proposed amendments are implemented, in addition to potentially poor advice being provided." In reaching its conclusions, Rice Warner assumed that under opt-in requirements, about 20% of super ...

OMFG! Australia could lose an A

BENJAMIN ONG  |  TUESDAY, 20 MAY 2014
We're in trouble now Virginia... you, I and Irene! That credit ratings agency - Standard & Poor's has waded in into the Federal Budget and put us, Australians all, on notice. Just read S&P's sovereign analyst Craig Michael's lips: "If it looked as though ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
... Nguyen and Anthony Awkar. However, they did not apply the same measures to clients affected by other financial planners' poor advice. "This inconsistency disadvantaged some customers," ASIC said. According to ASIC CBA failed to develop upfront communication ...

Moving on up

BENJAMIN ONG  |  FRIDAY, 16 MAY 2014
... boosted by the upgrade to its credit ratings by the three major credit ratings agencies -- Fitch Ratings (27 March), Standard & Poor's (3 May) and Moody's (3 October) - last year to investment grade. It's gonna get even better. In just a year and a bit ...