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Showing 131 - 140 of 987 results for "TWI"

Australian crypto platform collapses

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
Australian crypto trading platform myCryptoWallet is in liquidation, with investor money trapped. Launched in 2017, myCryptoWallet marketed itself as "Australia's most advanced digital currency solution" with zero fees. On 3 December 2021, it was resolved ...

AFCA launches new platform to improve dispute resolution

CHLOE WALKER  |  FRIDAY, 19 NOV 2021
The Australian Financial Complaints Authority (AFCA) today launched a new digital platform to help financial services firms better manage disputes that reach the ombudsman service. The new AFCA member benchmarking dashboard is an interactive platform ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
Retirees continue to bear the brunt of an expensive retirement fuelled by global supply chain issues. Retired couples and singles saw living expenses in their twilight years rise 1% in the September quarter, the latest Association of Superannuation ...

Super fund documents unreadable: Study

JAMIE WILLIAMSON  |  FRIDAY, 29 OCT 2021
The documents produced by Australia's largest superannuation funds have performed dismally in an analysis of readability, with an average score of 45.6 out of a possible 100. Ethos CRS analysed 80 different documents published online by the 10 largest ...

Exam pass rate steady at 60%

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
The September financial adviser exam pass rate was stable at 60% but continues to fall below the overall pass rate of 88.5%. The Financial Adviser Standards and Ethics Authority's latest examination statistics show that more than 1300 candidates sat ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
The landmark Better Advice Bill, which introduces a new disciplinary body, passed the senate overnight. Under the Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial ...

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
The Better Advice Bill is proposing several changes to the mandatory financial advice exam, including substantially increasing the cost of each sitting. The Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 exposure draft ...

AFA names Great Advice Awards winners

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
In place of its traditional awards program this year, the Association of Financial Advisers unveiled the recipients of the inaugural Great Advice Awards. AFA national president Michael Nowak said due to COVID-19 restrictions and being unable to host ...

Baby Boomers cashing in on meme stocks

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
According to analysis from Openmarkets Group, on average Baby Boomers and Generation X are making money on meme stocks, while Millennials are losing money. The analysis covered 11 "meme stocks" (stocks whose share prices skyrocketed due to social media ...

Older investors, women flock to crypto

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
Young males no longer make up the majority of cryptocurrency investors, with older Australians and women investing large amounts, according to BTC Markets. BTC Markets' Investor Report FY20-21 showed almost one in four crypto investors are over the ...