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Showing 281 - 290 of 2980 results for "Problem"

It's not 2008, but there's likely more pain ahead: Iggo

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
While it's not quite a repeat of the Global Financial Crisis, AXA IM's Chris Iggo has warned there may be more problems ahead as investors reconsider their holdings in banks and related assets. AXA IM's chief investment officer said the risk is also ...

Advice industry must change as population ages: Expert

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... away from a pretty standard financial advice model to something much more complicated, that of course runs into a major problem because regulators get nervous the more bespoke advice gets for understandable reasons." He said there is now a greater need ...

Still work to be done on group insurance: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2023
... funds on key matters, like the use of the ADL definition or implications of occupational categories, as having been a problem previously. The review found most of the 15 trustees have taken steps to improve on this front. "The trustees in our review ...

Super funds have the power to make change: Advocates

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... "Older Australians, what do they have a lot more of? Potentially disabilities, as you get older long-term can become a problem. All the different diversity streams are affected by disability because it can happen to absolutely anybody at any time. That's ...

Professionalise sustainability within funds: Panel

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... but not doing it would cost more. "When the government's whitepaper first came out, everything was about the wicked problem of what it costs to act," she said. "Now we know the cost of not acting is many multiples greater." Financial Standard is ...

Future-proofing the super system: Rees

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
Speaking on a panel the first day of the Conference of Major Superannuation Funds (CMSF), MetLife head of external affairs and public policy Nathan Rees said that establishing an objective for superannuation will help to "future proof" the system. "The ...

AFA, FPA unveil joint roadshow theme

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... story-telling ability that will capture the audience and links into the themes of leadership, resilience, communication, trust and problem solving under pressure, providing practical tips for financial advisers," Abood said. Advisers who attend can gain ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
The ASX fell 1.4% this morning following chaos at Credit Suisse that spurred on Wall Street downturns, but this isn't the only reason we're seeing a slump. Commonwealth Bank subsidiary CommSec explained the Aussie market opened down 97pts or ...

The thunder is coming: BlackRock

CHLOE WALKER  |  WEDNESDAY, 15 MAR 2023
... seeing the opposite. "The growth outlook in emerging markets looks rather encouraging, and inflation is much less of a problem as well," he said. Specifically, he is seeing a much more positive growth outlook in China. "In China and other parts of emerging ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
The failure of Silicon Valley Bank (SVB) doesn't point to a systemic issue, however the banking crisis in the US may be far from over, experts say. The failure of SVB was mainly due to an asset-liability mismatch, which resulted in material losses ...