Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 261 - 270 of 1305 results for "Surprise"

Westpac to pay $9.5m for Corps Act breaches

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... them, were deficient and defective, both as a matter of process and in substance. "That should not have been a complete surprise to Westpac because Mr Sinha's less than satisfactory conduct as a financial adviser had previously come to the attention ...

Time-poor advisers to embrace model portfolios

HARRISON WORLEY  |  WEDNESDAY, 18 DEC 2019
... client relationships and broaden their client book. The desire to build a larger book of clients perhaps comes as no surprise, with Australian advisers servicing an average of 40 clients each, compared to 64 clients per adviser for US-based planners. ...

Aussies unprepared for wealth transfer

ALLY SELBY  |  MONDAY, 9 DEC 2019
Despite the largest intergenerational wealth transfer to date looming, more than half of Australians do not have an estate plan in place. New research from Perpetual shows 56% of Australians do not have a will in place, with 53% of parents admitting ...

FASEA exam tips from those who passed

ELIZABETH MCARTHUR  |  THURSDAY, 28 NOV 2019
A group of financial planners who recently passed the FASEA exam have offered their tips for success to delegates at the 2019 FPA Congress during a chat with the authority's chief executive, Stephen Glenfield. Glenfield sat with Tupicoffs' Delma Newton ...

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... 92% of the companies in the S&P 500 reporting actual results), 75% of S&P 500 companies have reported a positive EPS surprise and 60% of S&P 500 companies have reported a positive revenue surprise." A good result but... a result of managed expectations? ...

Mental health costs insurers $750m per year

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
Taking a proactive approach to helping those suffering from mental illness could save insurers up to $750 million per year, according to SuperFriend. Speaking to Financial Standard, Superfriend chief executive Margo Lydon said that of the $180 billion ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
... what's a central bank to do? In the case of the People's Bank of China (PBOC), it's going for growth. In a surprise move, the Chinese central bank cut its seven-day reverse repo rate from 2.55% to 2.5% yesterday - the first rate reduction ...

Hume blasts super merger laggards

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... the trustees of such funds to consider "dispassionately" what the right thing to do is. "This reality will come as no surprise to anyone in this room," Hume said. "The writing has been on the wall for a considerable period of time, and there has been ...

AMP contests senior lawyer's claims

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
Larissa Baker Cook overplayed her role in fee-for-no-services escalation and could be "verbose and dominant" in conversations, AMP says in its defence to her claim seeking compensation for unfair dismissal. The senior lawyer dragged her former employer ...

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
... to 1.2% this year, resulting in a deceleration in GDP growth (at market exchange rates) to 2.3% from 2.8% last year. Surprise, surprise but all four international institutions recommend a "coordinated fiscal response" given that monetary policy has seemingly ...