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Showing 141 - 150 of 4424 results for "Poor"

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
... deployed," Longo added. ASIC said it will continue to rigorously monitor the use of AI by financial firms and address any "poor uses" of AI a key focus area in its latest Corporate Plan. It will take enforcement action if appropriate and where necess ...

Advisers share winning intergenerational wealth strategies

ANDREW MCKEAN  |  THURSDAY, 24 OCT 2024
... being the person who can actually do it, rather than saying, 'You need to do that, please go there,' knowing people are time-poor. If we don't become efficient and capable, the outcome won't change-it will just be, 'Yes, we will look into it'," Mann ...

IMF issues stark inflation warning for Australia

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... two advanced economies with headline inflation above 3% by the end of next year, along with Slovakia. Despite Australia's poor economic outlook, the IMF said global growth is expected to remain stable, "yet underwhelming". "However, notable revisions ...

Nobel laureates link economic prosperity to colonialism

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2024
... Robinson "for studies of how institutions are formed and affect prosperity." Their research helps explain why societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better, presenting convincing ...

'Challenging period' for active managers

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
... underperformed the S&P World Index, with underperformance rates all falling within the range of 70%-85%." The report found that poor performance of actively managed global equity funds may have been due to the difficulty of outperforming in the US component ...

Tribel Advisory adopts estate planning solution

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
... estate planning process beyond the initial referral, often resulting in sub-optimal outcomes including nothing being done, poor tax outcomes and potential brand damage to the firm. "We are helping advisers reshape the estate planning experience by supporting ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... between the ages 85 and 95. "Planning for retirement is too important to just leave to super funds with a track record of poor-quality guidance. Our findings cast doubt on whether super funds have the capability to provide quality tools and guidance ...

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
Making changes to negative gearing could be worth at least $2 billion a year in revenue, while reducing the capital gains tax discount could be worth around $5 billion a year, according to new research from the Grattan Institute. This comes as Treasurer ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
The Australian Prudential Regulation Authority (APRA) has put superannuation platform products under the microscope, saying their higher fees and costs are eroding members' retirement savings. Platform TDPs charged higher administration fees and costs ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... other things, ASIC found many issuers have limited due diligence arrangements to assess and monitor third-party distributors, poor quality suitability questionnaires, and do very little monitoring of consumer outcomes and product performance after a ...