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Showing 2371 - 2380 of 7104 results for "June 2023"

Afterpay faces senate inquiry

KARREN VERGARA  |  FRIDAY, 19 OCT 2018
The Labor party will launch a senate inquiry into whether regulation around payday lenders such as Afterpay is adequately protecting low and middle income, and financially stressed Australians. Labor senator Jenny McAllister said yesterday that the ...

What 1% in fees could do to investments

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
Advisers paying just 1% more for investments could erode their clients' nest eggs by 26% over 30 years, according to new data modelling from InvestSMART. InvestSMART researchers found stark differences in the outcomes for investors paying different ...

Chief economist update: China on the down low

BENJAMIN ONG  |  WEDNESDAY, 17 OCT 2018
At first glance, the acceleration of China's year-on-year consumer price inflation in September to a seven-month high of 2.5% from 2.3% provides a positive indication that domestic demand remains healthy. However, the devil is always in the details. ...

SMSFs: Who, what, where, when and how

JAMIE WILLIAMSON  |  MONDAY, 15 OCT 2018
Financial advisers have been provided with a simple checklist to employ when considering recommending a self-managed superannuation fund to clients. Australian Financial Complaints Authority lead ombudsman - superannuation, June Smith reinforced the ...

Can Hollywood turn advice mainstream?

MICHELLE BALTAZAR  |  THURSDAY, 11 OCT 2018
Call it the George Clooney effect. Motivational speaker Geoff Ramm told delegates at the AFA Conference that one way they can fend off competition is to treat each and every client as if they were a celebrity. The UK-based founder of OMG Marketing & ...

Diversification mandates lead the way: Research

DARREN SNYDER  |  THURSDAY, 11 OCT 2018
Alternative risk premia mandates from institutional investors decreased slightly last financial year, but it's hardly a global slowdown, according to an international investment consultant. The latest asset manager intelligence and market trends ...

CFA Institute asks FASEA to recognise charterholders

KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
The association representing CFAs is asking its charterholders be allowed to qualify as financial advisers, as FASEA overhauls the educational standards in the advice industry. CFA Institute chief executive Paul Smith was in Sydney for a briefing that ...

CBA to refund dead customers, grandfathered commissions

JAMIE WILLIAMSON  |  TUESDAY, 9 OCT 2018
Commonwealth Bank will refund unauthorised advice fees charged to dead customers and rebate all grandfathered commissions charged to clients of Commonwealth Financial Planning. Taking further action to improve its wealth management business, CBA has ...

Bank cross-selling success declines: Research

KANIKA SOOD  |  MONDAY, 8 OCT 2018
The big four banks are capturing only about 30% of their customers' total spending on financial services products, according to new research. During the Royal Commission, the banks copped criticism for consistently referring existing customers to other ...

Chief economist update: US bond yield jump made FTSE slump

BENJAMIN ONG  |  FRIDAY, 5 OCT 2018
The FTSE 100 index fell by 0.4% on September 13 - the day when the Bank of England (BOE) met and announced no change in monetary policy settings, keeping the bank rate at 0.75% (after the 25bps lift in August). While the BOE's move was widely expected ...