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Showing 111 - 120 of 471 results for "Discover"

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
Even before the coronavirus vaccine was injected before Australian Prime Minister Scott Morrison's arm a day before the national roll-out on the 22nd of February this year, this 'Land Down Under' has already been returning to pre-covid normality. ...

Charles Schwab fails consumers, cops fine

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
Charles Schwab UK has been fined $15.6 million for failing to protect consumers and lying to the regulator. CSUK has to cough up GBP8.96 million for a number for safeguard and compliance failures, the UK's Financial Conduct Authority has found, noting ...

Chief economist update: East and west at crossroads

BENJAMIN ONG  |  TUESDAY, 15 DEC 2020
... some instances, less damage will be done by letting him trail that toilet paper down the hallway! He'll eventually discover it on his own and suffer less loss of face, especially as everyone pretends not to have seen." But I digress. Australia could ...

Chief economist update: Australian capex in COVID-19's shadow

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
It wasn't that long ago when financial markets expended much speculation on the outcome of the Australian Bureau of Statistics' (ABS) "Private New Capital Expenditure and Expected Expenditure" quarterly survey, for not only does it provide an ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffett History is again bearing witness to the "Sage of Omaha's" widely-known investing principle for who would have dreamed that the US equity market would rally ...

Insurance in super is confusing: Consumers

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
Consumers engaging directly with their super fund on insurance matters are often left confused and overwhelmed by the information provided and upset they cannot get guidance specific to their circumstances, an ASIC report shows. A third of unadvised ...

Chief economist update: A vaccine and a better vaccine

BENJAMIN ONG  |  TUESDAY, 17 NOV 2020
"Voices singing, let's be jolly Deck the halls with boughs of holly Rockin' around the Christmas tree Have a happy holiday Everyone dancin' merrily..." - Brenda Lee It's not even December yet but Wall Street's already "Rockin' ...

CountPlus adds former MLC practice

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
CountPlus has added new financial advice firm to the fold that was part of MLC's Godfrey Pembroke for 19 years. Ascent Private Wealth joined CountPlus as a member firm, leaving the MLC dealer group shortly after it was acquired by IOOF. Melbourne-based ...

Risk but no reward in institutional equities portfolios

KANIKA SOOD  |  MONDAY, 19 OCT 2020
Northern Trust Asset Management peeked into the equities portfolios of 200 institutional managers and found nearly 66% of the risk they took didn't yield rewards. The quant manager studied 200 portfolios (1000 strategies totaling $200 billion plus in ...

AMP, former employee settle

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
AMP and former employee Larissa Baker Cook have settled for an undisclosed amount, a month before the matter was scheduled for trial. Cook last October filed a claim in the Federal Court alleging AMP dismissed her unfairly after she raised concerns ...