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

Search Results

Showing 291 - 300 of 463 results for "financial literacy"

Challenger supports default 'MyPension' product

JAMES FERNYHOUGH  |  TUESDAY, 9 SEP 2014
... product would make sense. "Many retirees are disengaged from the superannuation system; they lack sufficient financial literacy and the experience necessary to make good choices themselves; they cannot afford, will not seek or do not trust financial ...

AFA Adviser of Year and Practice of Year semi-finalists announced

STAFF WRITER  |  FRIDAY, 29 AUG 2014
... lives for the better" he said. This year's candidates are also being assessed on their efforts to improve the financial literacy of their clients, prospects and the community overall. Philip Kewin, Zurich's general manager of retail life and investments ...

Actuaries Institute to advise FSI on longevity

JAMES FERNYHOUGH  |  MONDAY, 25 AUG 2014
... stability in superannuation, the government should establish an agency similar to the New Zealand Commission for Financial Literacy and Retirement Income. "The benefit of the NZ model," it stated, "is that it is ongoing, maintains a constant eye on the ...

ASIC lowers wholesale investor threshold to $2.5 million

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... University of New South Wales law professor Dimity Kingsford Smith warned that "using wealth as a proxy of financial literacy is suitable in some cases but not in others." As an example, he mentioned that "individuals who suddenly acquire inheritance ...

ASIC announces National Financial Literacy Strategy

HARRY PAGE  |  FRIDAY, 1 AUG 2014
The Australian Securities and Investments Commission (ASIC) has released its National Financial Literacy Strategy 2014-2017, which is aimed at helping Australians become more financially secure. Over the past 12 months, ASIC has compiled the key priorities ...

RBS enters enforceable undertaking

STAFF WRITER  |  TUESDAY, 22 JUL 2014
... Investments Commission (ASIC) has announced. RBS will also voluntarily donate $1.6 million to fund independent financial literacy projects in Australia. RBS is the third institution to enter an enforceable undertaking in relation to the BBSW, following ...

Australian students get top marks for financial literacy

HARRY PAGE  |  THURSDAY, 10 JUL 2014
... students were amongst the top performers in the OECD's Programme for International Student Assessment (PISA) 2012 Financial Literacy assessment, which is the first international study of students' financial literacy. The study assessed the extent of ...

AFA to recognise best adviser and best practice

LAURA MILLAN  |  THURSDAY, 5 JUN 2014
... both awards. The judging panel will now take into account the efforts made by award candidates to improve the financial literacy of their clients, prospects and the community overall. Both awards will be judged by the same panel, comprising Brad Fox ...

ICAA questions AFSL system, calls for individual licensing

ALICE URIBE  |  TUESDAY, 1 APR 2014
... submission said. In light of this the ICAA said that the Murray review should also focus on ways to increase the financial literacy of consumers and providing access to quality advice. The accountancy body also said that a review of the roles of ASIC ...

Silk questions value of financial services intermediaries

LAURA MILLAN  |  TUESDAY, 25 MAR 2014
... trustees and mortgage brokers in dealing with market imperfections. Silk specifically said that Australia's low financial literacy is one of the greatest challenges that the industry is facing. "The government's assumption that the whole population is ...