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Showing 1481 - 1490 of 6021 results for "Credit"

ERS spending revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
... super program spent the money on mortgages or rent. A further 27% spent the money on household bills and 15% used it to pay credit card debts or other personal debts. The ABS Household Financial Resources report presents a snapshot of household finances ...

Latitude IPOs despite spotted past

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
... (the trading name for Hallmark General Insurance, part of the Latitude Group) had to refund $1.1 million for poor consumer credit insurance sales and claims handling. Add-on insurance on credit cards and loans has remained an issue for the company. In ...

Afterpay reveals US plans, economic impact

JAMIE WILLIAMSON  |  WEDNESDAY, 21 APR 2021
... positively, Accenture found the use of Afterpay saved consumers $110 million when compared to the interest and fees charged on credit cards. The report also appears to debunk the idea that Afterpay takes advantage of lower income earners, with Accenture ...

Chief economist update: The pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 21 APR 2021
The music has stopped, should we cease dancing? Two consecutive days of losses on Wall Street is a very long time in financial markets so much so that "pundits struggle to explain stocks stumble", according to the Australian Financial Review (AFR). ...

Challenger to change annuity pricing

KANIKA SOOD  |  TUESDAY, 20 APR 2021
Challenger posted record life sales but warned investors of lower FY21 profits, as tighter credit spreads force it to change annuity pricing. The life business, which includes annuities and other products such as Challenger Index Plus, saw $1.37 billion ...

Government opens consultation on key advice reforms

JAMIE WILLIAMSON  |  MONDAY, 19 APR 2021
The federal government has released draft legislation outlining the function of ASIC's Financial Services and Credit Panel as the single disciplinary body for financial advisers. The government is proposing the ASIC FSCP exercise the functions of ...

Two Aussie CIOs on top 100 list

KANIKA SOOD  |  FRIDAY, 16 APR 2021
... maintained conviction in key strategies (e.g., value vs. growth in equities, maintaining currency hedging and adding new credit dislocation strategies). Its returns in credit reflect the opportunity to buy during the crisis." Statewide's MySuper ...

Macquarie head joins alternative platform

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
... years at ING Australia, as a research account manager and investment marketing specialist. Earlier in his career, he was a credit analyst at American Express and client service officer at MLC Australia.

Delay breach reporting law: AFA

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... of a 2017 ASIC Enforcement Review Taskforce, which pushed for self-reporting of contraventions by financial services and credit licensees should be carried into effect.

Risk advice most sought-after among Kiwis

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... are the most popular topic among advisers, followed by advice provided on KiwiSaver (48%), mortgage products and consumer credit contracts (37%), and general insurance and managed funds, which drew 32% respectively. New Zealand has 10,736 financial advisers ...