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Showing 331 - 340 of 4424 results for "Poor"

APRA proposes safeguards against risk events in super

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
... 114) with enhanced obligations for trustees, to improve how they manage financial resources to protect fund members from poor operational risk event outcomes. At the core of its enhanced requirements, APRA intends to introduce a two-tiered model, consisting ...

APRA proposes changes to successor fund transfers

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
... failed transfer that fails to improve their outcomes. "With industry consolidation likely to increase in coming years as poor performers and those with sustainability issues exit, and strong performers seek a competitive edge, it's important all trustees ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... acknowledged home approvals may have dropped by 25% however the large pipeline of home-building work yet to be completed, due to poor weather, labour, and material shortages, will likely cushion the decline. "The large pipeline of work yet to be done ...

Scientiam, DASH launch easy fund exit service

CASSANDRA BALDINI  |  WEDNESDAY, 2 NOV 2022
... cost until the end of the year, aims to help advice businesses cost-effectively advise C and D clients stuck in expensive, poor-performing legacy products and platforms move to more competitive, contemporary solutions. The service, available via a subscription ...

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... national property prices have fallen 6%, said AMP chief economist Shane Oliver. "The key drivers of the downturn remain: poor affordability, rising mortgage rates, some rise in new listings, a rotation in household spending from goods, cost of living ...

Don't water down YFYS: Grattan Institute

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
... Grattan Institute said the YFYS reforms are just one ingredient in fixing the problems within the super sector that have led to poor member outcomes. It called for the Productivity Commission's recommendation of a 'best in show' list to "inject broader ...

ASIC finds shortcomings in wholesale market practices

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
ASIC has released two reports on better and poorer practices in wholesale financial markets, encouraging participants in these markets to benchmark themselves against industry standards. Report 741 Conduct risk in wholesale fixed income markets (REP ...

Quantifying the value of a financial adviser

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... be made and the knowledge required to understand their implications can lead to decision fatigue and increases the risk of poor outcomes." "An adviser can help evaluate and prioritise these decision points. The impact of implementing the right strategy ...

Former AUSIEX chief to join Investment Trends

CHLOE WALKER  |  FRIDAY, 21 OCT 2022
... deposits and other fixed income products has increased by 43% this year, the highest it's been in some time. "Although poor performance and a lack of confidence are key drivers of attrition for fund managers, advisers have indicated their preference ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... reduction in fees. SCA director Xavier O'Halloran commented: "The test is doing what it set out to do, chopping off the tail of poor funds." "The performance test's objective 'bright line' and clear consequences for failure have driven dramatic positive ...