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Showing 291 - 300 of 460 results for "financial literacy"

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 ...

MLC appoints new GM of advice groups

JAMES FERNYHOUGH  |  MONDAY, 24 MAR 2014
... MLC and NAB Wealth's position in the industry. "Ross is client-centric and is very passionate about improving financial literacy for all Australians and is focussed on improving the significant retirement savings gap that exists."

Nine in 10 Australians can't get no insurance satisfaction: survey

LAURA MILLAN  |  WEDNESDAY, 5 MAR 2014
... they have - could have consequences just as devastating as underinsurance." "It also reinforces the massive financial literacy gap that exists and reinforces the need for all stakeholders - product providers, super funds, and advisers - to educate consumers ...

Strong demand for online education: Wealth Know How

HARRY PAGE  |  FRIDAY, 14 FEB 2014
... SMSF trustees and DIY investors. Wealth Know How's Phaedon Vass said people were going online to further their financial literacy before making decisions. "The fact is many Australians are seeking to improve their financial literacy and are increasingly ...