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

Search Results

Showing 321 - 330 of 1305 results for "Surprise"

Managed accounts could outstrip super sector on CIPRs

KANIKA SOOD  |  WEDNESDAY, 5 SEP 2018
New retirement income products from the financial advice space could arrive sooner than those from superannuation funds but there is still a long wait for both, according to State Street Global Australia. In its May budget, the Federal Government said ...

VicSuper among top pension funds, others climb

KANIKA SOOD  |  TUESDAY, 4 SEP 2018
... that risks are skewed to the downside although the expected return is still positive. By that, we mean that a negative surprise and reduced returns are more likely than returns surprising on the upside," Newfield said. He added that the increase in political ...

Royal Commission on social media: Regulators under scrutiny

HARRISON WORLEY  |  FRIDAY, 17 AUG 2018
... superannuation hearings turned onto the final straight this week, commentators took to Twitter to have their say. Hardly a surprise given the #BankingRC > "...The banking, finance and insurance sector now has the lowest Ethics Index score of all sectors ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
... these new policy speculations. It'll take Japan farther away from that inflation nirvana. It therefore comes as no surprise that when asked about the veracity of these reports, BOJ Governor Haruhiko Kuroda replied: "I know absolutely nothing about ...

Aussie retirees blindsided by cost of living: Schroders

HARRISON WORLEY  |  THURSDAY, 19 JUL 2018
The cost of living in retirement is surprising Australians as a significant gap between financial expectations and reality emerges. Latest Schroders research shows working Australians save an average of 12% of their current income for retirement; despite ...

Robo-advice users in for the long haul

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
... platforms were lower fees and investment diversification, highlighted by 18.3% and 16.7% of users respectively. "It's no surprise that the younger demographic is embracing technology in financial services, and these results demonstrate that these ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
The Shanghai Composite index's drop into bear market territory may have elicited some negative Trump thoughts, but China's response - through the accompanying depreciation of the yuan may have been "I'm taking you with me." Such is the ugliness ...

Bank customer trust plummets: Research

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
The level of bank customer trust and satisfaction is worsening thanks to the banking and financial services Royal Commission, according to new surveys. Prior to the Royal Commission, bank customer satisfaction reached 82.3% in January 2018 but plunged ...

ASIC admits AMP inaction

JAMIE WILLIAMSON  |  FRIDAY, 22 JUN 2018
ASIC has acknowledged it was aware prior to the Royal Commission that AMP was allegedly attempting to mislead the regulator. Appearing before the House of Representatives Standing Committee on Economics in Canberra today, senior leaders at ASIC admitted ...

Age pension application difficult: Report

HARRISON WORLEY  |  WEDNESDAY, 20 JUN 2018
Difficulties in applying for the Age Pension headline a Retirement Essentials report about the challenges confronting older Australians dealing with Centrelink. The report - produced by National Seniors Australia and commissioned by Retirement Essentials ...