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Showing 131 - 140 of 1308 results for "Surprise"

Super education is professional development: ART

STAFF WRITER  |  WEDNESDAY, 2 NOV 2022
Learning about superannuation should be considered a part of an employee's professional development, according to Australian Retirement Trust members. The super fund recently held a roundtable with some of its employers and found many believe super ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... said. "Going forward, it will be important to avoid the same 'underappreciation-induced' missteps." Because of the upside surprise in CPI, Miller foretold an incremental jump in the size of the policy rate adjustment when the RBA next meets tomorrow ...

Millionaires worry about retirement

CASSANDRA BALDINI  |  FRIDAY, 21 OCT 2022
According to new research, 35% of millionaires believe it will take a miracle to retire securely. Natixis Investment Managers released The Million Dollar Question report which evaluates retirement sentiment among high-net-worth (HNWI) investors. It ...

Super fund satisfaction takes hit

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... Promoter Score for all funds dropped 11 points to +15. CSBA CX director of finance Sam Monteath said that while it was no surprise to see current market volatility negatively impact member sentiment, it is now crucial for funds to proactively offer members ...

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
The Reserve Bank of Australia (RBA) board increased the cash rate target by 25 basis points to 2.6%, driving domestic markets higher. Committed to returning inflation to the 2-3% range over time, the board affirmed that yesterday's increase in interest ...

Wheelhouse Partners adds head of distribution

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2022
The former head of retail at Investors Mutual has taken up the newly created role. Wayne McGauley joined the Wheelhouse Partners team this month, responsible for growing its global and Australian equities capabilities. McGauley is to focus on key accounts ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... chair Michelle Levy was surprised by the level of fear the advice community has with ASIC during her review. "It doesn't surprise me," Sciacca replied. "That's because we've heard that as well throughout our engagement with industry. It's ...

Financial stress at record highs: AMP

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... reflected in questions about pride in work, morale at work and pride in their employer has not fallen." "It's no surprise we're more financially stressed than ever," said AMP general manager of member engagement Stephen Owen. "Following an emotionally ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... decision for the RBA will be relatively straightforward: inflation engines such as wages and retail demand continue to surprise to the upside." Barclays said: "We expect the current account surplus to surge. We expect the RBA to slow its hiking cycle ...

Most retirees want pension support through super: Report

CASSANDRA BALDINI  |  TUESDAY, 16 AUG 2022
... of personal financial advice has risen substantially over the past two years. As noted in ASIC Report 627,1 it is no surprise that consumers consider advice to be too expensive," the report reads. Link Advice general manager Duncan McPherson said the ...