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Showing 311 - 320 of 835 results for "Basic"

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
... Not to mention, the reduced productivity due to lowered motivation of employees stuck with low pay and rising prices of basic necessities - utilities, health, shelter, cigarettes (ok, maybe not this one). Certainly, money is not a great motivator but ...

Super funds must address climate risk: Market Forces

EMMA RAPAPORT  |  THURSDAY, 3 AUG 2017
... largely fallen on deaf ears, it's no surprise that trustees now find themselves open to legal action for a dereliction of basic fiduciary duty." "The funds that are considering climate risk would be doing right by their members to disclose it. As for ...

AIA grows health insurance offering

KARREN VERGARA  |  TUESDAY, 1 AUG 2017
... insurance offering with the launch of a new brand. MyOwn health insurance offers hospital and extras cover ranging from the basic package to the top level of cover for families. Actively engaged members may also be eligible for premium discounts via ...

Direct life insurance review underway: ASIC

KARREN VERGARA  |  FRIDAY, 28 JUL 2017
A major review investigating why some consumers are worse off from purchasing life insurance via direct channels is underway. ASIC senior executive leader and regional commissioner, Michael Saadat, told the FSC Leaders Summit this week that the corporate ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
Australian inflation has decelerated - headline inflation slowed to 1.9% in the year to the June quarter from 2.1% in the March quarter. Yet it's also picked up - the weighted median up to 1.8% from 1.7%; but it's also flat - a trimmed mean steady at ...

The challenges of modern estate planning

ALEX BURKE  |  WEDNESDAY, 26 JUL 2017
Ageing populations giving rise to an increasing number of blended families will drive up complexity in estate planning, according to Bartier Perry Lawyers executive lawyer Chris Tsovolos. Speaking at the inaugural Financial Standard Best Practice Forum ...

An institutional approach to retirement advice

ALEX BURKE  |  TUESDAY, 25 JUL 2017
... approximately $10,000 per annum in welfare payments and spouse assets of $50,000. The matched liabilities, then, would be basic needs (food and utilities) of $30,000 per annum, grandchild schooling expenses of $100,000, $50,000 on annual holidays for ...

Advice licensees hit with $1500 levy

EMMA RAPAPORT  |  MONDAY, 17 JUL 2017
... exclude financial advisers who only provide advice on quoted products, products traded on a foreign financial market or basic banking products. Commenting on the new cost recovery framework, ASIC chairman Greg Medcraft said: "We are pleased to be able ...

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
The US Federal Reserve took another step towards policy normalisation at its June FOMC meeting - announcing another 25 basis point lift in the fed funds rate from one to 1.25% (the second this year) while at the same time giving notice that it would ...

Millennials choosing stock market over housing market

JAMIE WILLIAMSON  |  MONDAY, 19 JUN 2017
As the prospect of owning their own home becomes less of a reality, millennials are turning to the stock market to invest and build their wealth. New insights from CommSec reveal more than half of all new customers are under the age of 35, with the ...