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

Search Results

Showing 351 - 360 of 2981 results for "Problem"

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... up your products is complex, so you probably do need an adviser to help sort you out. But isn't that precisely the problem the Covenant is trying to fix? Surely, if retiring is so complex that everyone needs to talk to an adviser, then we've ...

The big case for big data

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... funds or any fund manager will survive without at least a big data science capability." Wu added: "When dealing with a problem, innovation is required. When dealing with short term noises, we need to rely on data and not emotions. "Emotion is natural ...

Carbon transition and MBFID: Is it possible to meet both?

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
... on the green hydrogen side. "If you're just going to be making hydrogen out of fossil fuels then you haven't solved the problem." Hinwood estimates it may be another five to 10 years before hydrogen becomes a viable potential energy source.

Defective disclosures see Avanteos Investments fined

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
The former Commonwealth Bank subsidiary will pay a penalty of $1.71 million for failing to update defects in its disclosure documents related to charging fees to super members after they'd died. This marks the first criminal prosecution for failing ...

Tomorrow belongs to those who hear it coming: ASI

CHLOE WALKER  |  TUESDAY, 14 JUN 2022
Appearing at the Australian Institute of Superannuation Trustees' ASI Conference, BNP Paribas Global Directions managing director Keith Suter took a dive into the pressures currently facing Australian trustees and investors, saying contingency planning ...

Banks flag imminent consecutive double rate rises

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
... believed that the RBA had a noticeable change of tone, becoming more hawkish, finally recognising that inflation is a problem that needs tackling head on. "The Reserve Bank will go hard again with future hikes if required and if the data warrants it. ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
The Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting ...

Lifespan partners with OpenInvest to launch advice solution

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... to enable them to reach and help mainstream Australia. "The press is doing a great job in highlighting the size of the problem - thousands of advisers continue to exit the industry every year, and as a result, it is estimated another 100,000 Australians ...

Calls for Indigenous super beneficiary changes renewed

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... prevent the ATO from providing this information to anyone else other than the legal personal representative, creating a problem when the deceased person does not have one." Established in 2013, the Indigenous Superannuation Working Group is a cross-industry ...

ANZ sued by ASIC

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... balance, including on the ANZ website, ANZ App and at ATMs. ASIC further alleged that ANZ has not adequately fixed the problem and that customers continue to be affected. ANZ said it's considering the matters raised by ASIC in its concise statement ...