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Showing 1611 - 1620 of 19405 results for "One"

Social media, news addiction cost returns: Morningstar

KARREN VERGARA  |  MONDAY, 17 JUN 2024
... and forego substantial returns compared to staying the course, according to Morningstar. The "hyper-informed" investor is one who incessantly checks stock prices, currency and commodity fluctuations, and financial news, Morningstar director of equities ...

Innova backs using leverage in super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... or 1.5% to $959,300, during the quarter. According to Miles, several factors have driven up residential property prices but one that is rarely given its due is leverage, or the use of debt to buy residential property. "Loan-to-valuation ratios regularly ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
... with certain requirements in CPS 230 relating to business continuity and scenario analysis. APRA has also included a "day one" checklist for entities to assist in their implementation of CPS 230; and the regulator has provided a three-year forward plan ...

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... would push out the timeline for US rate cuts to next year." McCormack said despite the encouraging sign inflation was easing, one month "doesn't make a trend" and investors should remain cautious. "Powell reiterated a hawkish tone that aligns with VanEck's ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... investors. TermPlus target rates are calculated as a fixed spread above the Reserve Bank of Australia's (RBA) cash rate. For a one-year term account, that equals RBA cash rate plus 3% net of fees, which currently totals a target rate of 7.35% on a one-year ...

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
The prudential regulator is reminding trustees that managed accounts and separately managed accounts (SMAs) are high on its radar when administering the performance test. APRA told trustees that SMAs and other managed accounts can fall into the TDPs ...

Most in-demand skills for financial services workers

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... been lacklustre over the 2023/24 year, but there are some skills highly in demand, according to new data from Perceptor. The one exception has been insurance, which has continued to thrive, a trend that has persisted since COVID-19. Recruitment in insurance ...

Super leaders take out King's Birthday honours

ELIZABETH FRY  |  TUESDAY, 11 JUN 2024
... work in superannuation also include UniSuper director and former Actuaries Institute president Nicolette Rubinsztein, and one-time deputy chair of AustralianSuper Greg Combet. Also recognised was Ray Sputore, a trustee at Cbus, the industry fund that ...

CSLR makes inaugural payments

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... (CSLR) made its first payments to four victims totalling more than $360,000, three of which related to bad financial advice. One payout of about $145,000 related to inappropriate personal financial advice provided to a victim from Sydney. AFCA found ...

ASFA partners with First Nations Foundation

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... not-for-profit Indigenous financial wellbeing foundation led by an Indigenous majority board since 2006. "It's encouraging to see that one of the peak bodies for superannuation has responded so quickly to the recommendations laid out in the First Nations ...