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Showing 1781 - 1790 of 7385 results for "Consumer"

IFM Investors ready to ramp up corporate lending

KANIKA SOOD  |  FRIDAY, 22 MAY 2020
... of which roughly $4 billion is in direct lending and the rest across warehouse facilities for non-bank lenders making consumer loans and fixed income. Hiran Wanigasekera, an executive director at IFM Investors with joint management responsibilities for ...

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
The government's move to extend the ban on conflicted remuneration to listed investment companies and trusts is expected to provide financial advisers with some much needed certainty. Following Treasury consultation, the government made the decision ...

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Super Consumers Australia has called on Australia's life insurance industry to eradicate "junk terms" from total and permanent disability insurance, after the Financial Services Council committed to ensuring TPD cover wouldn't be impacted if ...

916 advisers gone in three months, ASIC responds

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
ASIC chair James Shipton insists the regulator is concerned by the number of financial advisers leaving the industry and how COVID-19 could amplify the issue, as it is revealed almost 1000 left since the pandemic hit. The ASIC Financial Adviser Register ...

Sentiment weakens as macro threats loom

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... actually see household cash flow improve in Q2 and Q3, before a sharp fall in Q4. "This suggests renewed downside risk to Q4 consumer spending if the economy and labour market has not 'snapped back' strongly enough by then." And in a country ...

Former CBA executive nabs industry body lead role

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... corporate affairs and public policy experience to the industry body at a time when it faces a barrage of regulatory, consumer and economic challenges. "Andrew's appointment follows an extensive national recruitment process, and the board is pleased ...

Advisers involved in ERS scams: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
ASIC superannuation senior executive leader Jane Eccleston has written an article pointing to financial advisers as part of the problem in scams targeting people's super amid COVID-19. Eccleston said: "ASIC is concerned that some advisers may use the ...

Westpac announces executive changes

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... overseas and another appointed to lead the group's financial crime and compliance function. Westpac chief executive of consumer David Lindberg and the bank's chief information officer Craig Bright will leave Westpac for new roles overseas, while ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... especially in retail, travel and hospitality. Many small businesses as well will likely crumble over the coming months, and consumer saving patterns will likely be altered irreversibly, he said. "Individuals fortunate enough to remain employed, may seek ...

Multi-boutique warns of fourth quarter reckoning

ALLY SELBY  |  MONDAY, 18 MAY 2020
A $630 billion multi-boutique global asset manager has warned of an ultimate reckoning in the fourth quarter, as global bourses continue to ascend on the back of central bank and government stimulus. Despite woeful economic data, US equity indices have ...