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Showing 1371 - 1380 of 2995 results for "Problem"

Robots will take over white collar jobs first

LAURA MILLAN  |  THURSDAY, 11 DEC 2014
Contrary to the popular belief, robots are more likely to take over the tasks of medium and high-skilled workers, rather than jobs that do not require a university education, a Department of Industry paper determined. "The challenges presented by increasing ...

Advisers debate insurance commissions ban

LAURA MILLAN  |  TUESDAY, 9 DEC 2014
... ongoing commissions and said the government should ban all life insurance commissions if practices such as churning remain a problem. Rae A has moved away from life insurance commissions and now charges fee for service to all clients: "If a client has ...

FSI calls for tax relief to switch out of legacy products

MARK SMITH  |  TUESDAY, 9 DEC 2014
The government should introduce a means to allow investors in out of date products to switch to new and improved products without being whacked with capital gains tax, the Financial System Inquiry has recommended in its final report. It is estimated ...

Murray's FSI: consumers win round one

ALEX DUNNIN  |  SUNDAY, 7 DEC 2014
... four years tied itself in knots over how to implement best interests duties for financial advisers this redefines the problem by taking it out of the hands of street level advisers and places it directly on the institution's lap - which may ironically ...

Senate grills ASIC after it blocks 250,000 websites

LAURA MILLAN  |  TUESDAY, 2 DEC 2014
The Australian Securities and Investments Commission (ASIC) will face a Senate grilling after blocking a quarter of a million websites when it was seeking to prevent access to sites associated with investment fraud. A public hearing by the Senate Communications ...

APRA's IT infrastructure strains

ALEX DUNNIN  |  FRIDAY, 28 NOV 2014
In an extraordinary admission, the Australian Prudential Regulation Authority (APRA) has written to super fund trustees telling them APRA's information technology and data management systems are struggling to deal with the new data reporting regime ...

Sliding oil price would stop the slide in the oil price

BENJAMIN ONG  |  FRIDAY, 28 NOV 2014
... lifting profits and by extension, business investment in plant, equipment, and staff. Oil's well that ends well. The only problem at this stage of the economic cycle is low-flation. Even lower oil prices risk turning the current low inflation environment ...

Independent dealer groups eye Genesys practices

LAURA MILLAN  |  TUESDAY, 25 NOV 2014
... expressions of interest from Genesys practices. "The turmoil over FoFA has yet again highlighted just how big the perception problem is that the major institutions have with both advisers and their clients. I think we will increasingly see good professional ...

Further raise pension age, says Future Leaders winner

JAMES FERNYHOUGH  |  TUESDAY, 25 NOV 2014
... Inquiry (FSI); and the regulation of the financial services industry. Flegg chose to present on the FSI, and focused on the problem of the ageing population, arguing that the age pension eligibility age should be lifted to between 70 and 75, but that ...

Hedge fund growth problem not helped by new products

MARK SMITH  |  FRIDAY, 21 NOV 2014
Hedge fund managers pinning their hopes on new products to drive inflows and business growth are underestimating the costs involved as well as the effect on margins, a new report from EY has found. The global survey compared opinions from 100 hedge ...