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Showing 231 - 240 of 2979 results for "Problem"

AFCA tightens wholesale investor remit

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... categories - sophisticated and professional investors - will soon be outside of AFCA's jurisdiction - unless there was a problem with the classification, Singh said. Once the new guidelines are released, AFCA will have the "the discretion to exclude ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... had massive unemployment, so the unemployment rate was high. You didn't see as much wage pressure, and that was the problem." However, Mousina said it's essential to remember that the current high inflation rate will only last for a while. "So ...

Currency hedging solution launched for managed accounts

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... sustained change in the fortunes of the greenback could be a drag on future returns. The Rochford Fund aims to solve that problem," Rochford managing director Tom Averill said. The fund puts managed account investors in control of their own currency ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
The Administrative Appeals Tribunal (AAT) has nullified ASIC's ban on Dominique Grubisa, an investment guru and DG Institute founder, from participating in credit activities and financial services. In 2022, Grubisa was banned for four years after ...

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
... liquidity. "Asset rich, income poor SMSF members will find it difficult to cover their additional tax liability, and this problem is likely to worsen over time as unrealised capital gains accrue while tax payments from previous years diminish liquidity," ...

Housing crisis costing Australia $64bn: Aware

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... offers such workers access to housing near social infrastructure and below-market rate. "Aware Super can't solve this problem on our own," said Stewart. "We're extremely proud that we've identified a strong-performing asset class that benefits our members ...

Licensees shun remediation obligations: ASIC

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... ability to fully investigate the issue, triangulate the data available, discover the true root cause and scope of the problem, and respond effectively," Chester said.

Apostle names global distribution lead

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... our strategies to these regions. "He understands the needs of investors, knows how to communicate effectively and is a problem solver - all qualities that make him an excellent fit to help lead our next phase of growth." Commenting on his appointment ...

NAB to pay $2.1m for knowingly overcharging customers

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
... bank's "inability to manage its own computer systems and its unwillingness to apply sufficient resources to remedy the problem in a timely manner." The conduct, being the overcharging of fees after learning of the issue, occurred between January ...

Project to tackle dwindling number of risk advisers

CASSANDRA BALDINI  |  TUESDAY, 19 SEP 2023
... of advisers," he commented. Meanwhile, Loyalty director Andrew Whelan said the group sees the issue as an industry-wide problem that demands cooperative solutions. "While this pilot focuses on our own network, the discoveries and improvements we make ...