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Showing 1321 - 1330 of 3402 results for "Response"

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
New draft legislation aims to increase obligations around charging ongoing fees for financial advice and outlaw advice fees charged by superannuation funds. On Friday, the government released consultation draft legislation to implement 22 recommendations ...

Advisers still unclear on referral rules

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
... businesses like YBR or the structures they put in place - only to individual financial advisers. In FASEA's preliminary response to submissions from stakeholders on the Code of Ethics it first attempted to clear up the referral issue. "Many industry ...

Chief economist update: Coronavirus has gone viral

BENJAMIN ONG  |  TUESDAY, 28 JAN 2020
It's gone viral! The coronavirus that is, and it is sending shivers in equity markets around the world, from New York to Rio and ol' London town. The financial markets' fear is palpable. The VIX index - the "fear gauge" - jumped to reading ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
"I'm walking on sunshine (Wow!) I'm walking on sunshine (Wow!) I'm walking on sunshine (Wow!) And don't it feel good." Sadly, Australians are not singing and dancing to this upbeat classic by Katrina and the Waves. The Westpac/Melbourne ...

Westpac appoints new chair

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... customer and employee focus, will be invaluable to Westpac as the organisation executes its strategy and implements its response plan for the AUSTRAC statement of claim," Maxsted said. The appointment comes after AUSTRAC launched legal proceedings against ...

Chief economist update: Equity markets struck by coronavirus

BENJAMIN ONG  |  WEDNESDAY, 22 JAN 2020
... one I found on the internet - reportedly a comment made by an FX strategist at Saxo Bank -- takes the cake, saying: "A response to a serious outbreak threat could mushroom into a major economic catastrophe as even a 'minor' outbreak of just a ...

Chief economist update: More from Morrison

BENJAMIN ONG  |  TUESDAY, 21 JAN 2020
... monitoring the environmental disasters. To wit: "The federal government also came under fire for cutting funding to disaster response agencies. This has not been confirmed by examining the Commonwealth budget papers, but while looking for it, The Fifth ...

Boutique shuts Aussie equities fund

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
... before the December holidays, the fund received a redemption request representing roughly 60% of the fund's assets. In response, it decided to suspend redemptions and applications as of 23 December 2019, adding that the fund remained liquid. "When a ...

Job boom expected in 2020

JAMIE WILLIAMSON  |  MONDAY, 20 JAN 2020
... recruitment agency said it is fielding an increasing number of complaints from job seekers applying for roles and not getting a response - even when they have all the skills and experience. Humphris said it comes down to understanding how job search ...

Chief economist update: Bushfires singe growth, surplus predictions

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2020
... "Bushfires: Recovery funds to hit budget surplus". "Scott Morrison is preparing to unveil new funding and recovery measures in response to calls to fast-track financial and logistical support for small businesses, tourism­ operators and key regiona­l ...