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

Search Results

Showing 291 - 300 of 2980 results for "Problem"

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... retirement without knowing how long spending will last? "The default solution for many people is to spend less, which creates a problem for the government and future generations," Minney said. To address this issue, it's crucial to consider inflation ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... retirement lifestyle: on average, they think they'll be able to fund their retirement for three years less than men. This problem is compounded by the fact that, on average, women can expect to live around five years longer than men after they stop ...

Gender balance is smart economics: CEW

MICHELLE BALTAZAR  |  TUESDAY, 7 MAR 2023
... fault that gender equity remains elusive, said Sarah Guthleben, head of people and culture at Frontier Advisors. "The problem is the pipeline for talent. The financial services sector is going through the same issue as the STEM sector where not enough ...

QAR does not "trash" FoFA: Anderson

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
The Quality of Advice Review's final report (QAR) does not "trash" or go against the Future of Financial Advice (FoFA) reforms, says Association of Financial Advisers (AFA) chief executive Philip Anderson. Labeling QAR "the most important review of ...

Poor financial literacy worsens underinsurance problem

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
Australia's poor level of financial literacy is potentially making the underinsurance problem worse and puts women further behind, according to MetLife. The life insurer looked at the impact of financial literacy on Australians' financial health ...

Super fund advice needs more guardrails: Conference

KARREN VERGARA  |  MONDAY, 27 FEB 2023
Loosening financial advice regulation under the Quality of Advice Review proposals would highly benefit superannuation fund members, but many are convinced that this only works in theory. The Quality of Advice Review chair Michelle Levy stuck to her ...

ASIC questioned over workplace culture

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
... or whether people don't feel they can express, speak up or are not respected. I don't think that that's a problem at ASIC, I think we have a very good culture in that respect," he replied. The chair questioned Longo further on how he dealt ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
Financial advisers and non-relevant providers should share the load when it comes to giving simpler financial advice, Michelle Levy maintains. As previously flagged in the draft proposals, Levy has suggested the Corporations Act be amended to provide ...

Regulation should be balanced: Levy

ANDREW MCKEAN  |  WEDNESDAY, 1 FEB 2023
Financial advisers need a balanced regulatory framework, says Michelle Levy, lead of the government's Quality of Advice Review (QAR). At an event hosted by PritchittBland, Levy said almost all stakeholders are unhappy with the current system; financial ...

Grollo Group buys Mt Hotham airport

CHLOE WALKER  |  TUESDAY, 31 JAN 2023
... reputation for construction in Australia," he said. Castran added that the airport could in fact be a silver bullet to solve a problem that exists all over the world for ski resorts, and that's providing accommodation to staff members and to provide ...