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

Search Results

Showing 281 - 290 of 1327 results for "AFFECTED"

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... and strong policy support, indicators of economic activity and employment have strengthened. The sectors most adversely affected by the pandemic remain weak but have shown improvement". The US National Accounts released the day after backs up the Fed's ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
... proceedings against Westpac," she said. Financial institutions and lenders have paid about $250 million in remediation to affected consumers, which is a payment of $430 on average to 580,000 consumers. In addition to Westpac, ASIC announced last year ...

ASIC sues CBA over monthly fees

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... have confidence that the banks they deal with charge fees correctly." CBA paid $66 million in remediation to most of the affected customers by December 2020. However, there are still some customers who have yet to be remediated. Of the total remediation ...

Vanguard targeted in bond fund scam

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... information." Vanguard said it is warning people who may be lured by fraudulent fund using the Vanguard branding and will advise affected people the steps to take if they have shared any personal information or transferred funds.

Northern Trust AM's stellar year

KANIKA SOOD  |  MONDAY, 29 MAR 2021
... systematic and quantitative strategies to continue among local superannuation investors. He said the business had not been affected by APRA's new performance benchmarking. "What we are seeing is there is a greater focus on the risk they are taking ...

ASIC praises super trustees

ELIZA BAVIN  |  TUESDAY, 23 MAR 2021
... legislative and economic changes, many lacked detail about how members' insurance through their superannuation might be affected if they chose to access their super early, or if their employment status changed because of COVID-19. "Several websites had ...

ASI restructures distribution team

KARREN VERGARA  |  MONDAY, 15 MAR 2021
... firm. Most recently, it announced Australian fixed income funds are in the process of shutting. The three strategies affected are: Aberdeen Standard Diversified Fixed Income Fund; Aberdeen Standard Inflation Linked Bond Fund and Aberdeen Standard Australian ...

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
... services companies). "In most remediations, the company providing the remediation would be obliged to identify and contact affected customers. However, there are likely to be a number of customers they are unable to reach and these people may avail themselves ...

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... lost out as a result of their investment in WEIF on a daily basis. It is understood that over 300,000 investors were affected by the fund's collapse," she said. Link has three months to respond to the letter. If Link does not agree to compensate investors ...

Women hit hardest by pandemic

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... peaked in April 2020, impacting women nearly twice as much as men (11.3% vs. 6.9%). Women under 25 years old were most affected by mental health conditions and experienced greater job insecurity than men last year (27.1% vs. 25.7%). Women were also forced ...