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

Search Results

Showing 21 - 30 of 199 results for "High Risk"

Australian Unity lashed by ASIC over TMD questionnaire

JAMIE WILLIAMSON  |  THURSDAY, 6 JUN 2024
... consumer attributes set out in the fund's TMD. The TMD is not intended to be a consumer-facing document and there was a high risk that retail clients would not understand the questionnaire," ASIC said. "This may lead to inaccurate responses and distribution ...

HMC Capital scoops up Payton Capital

ANDREW MCKEAN  |  FRIDAY, 24 MAY 2024
... targets. In an ASX announcement, HMC cited the strategic rationale for the acquisition was borne from a "golden period" of high risk-free rates and strong credit risk premiums for private credit. It also noted that the local private credit market is ...

Spaceship expands Voyager suite

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... alongside the Universe, Earth and Origin portfolios. While the latter three products typically cater to investors with very high risk/return profiles, Explorer and Galaxy are intended for investors looking to take medium-to-lower risk over shorter timeframes ...

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... Australian Shares option has a target return of inflation plus 5% over rolling 10-year periods and is considered very high risk, with an estimated probability of a negative return of 6.6 out of every 20 years. Meantime, the International Shares option ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... relating to statements about compliance with data-handling and cybersecurity obligations. These types of claims are high risk for consumer-facing organisations, especially those with a significant volume of personal and sensitive data-including those ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... interest, fees and expenses on top of a $14.2 million loan facility from the sale of properties ASIC deemed speculative and high risk. McGrathNicol is estimated to receive about $3.5 million in fees. "This means Mayfair's investment in Mission Beach ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... varying depending on whether personal advice is simple or low risk, comprehensive or medium risk, or complex, which is high risk," he said. "The aim of this framework should be to expand the supply of HGA, making it easier for consumers to obtain the ...

K2 told to freeze distribution of fund

JAMIE WILLIAMSON  |  MONDAY, 4 SEP 2023
... hold the fund as a core component of their portfolio, despite the fund have very low diversification and being such high risk. It also said the target market included investors focused on capital preservation or income generation, despite capital loss ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... client's superannuation and insurance needs are often closely linked, and trying to address one without the other is high risk scoping or scaling of advice," he said.

Super fund satisfaction still poor: Report

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2023
... FEAL Superannuation CX Benchmarking report found 25% of members who had recently engaged with their super fund are at a high risk of taking their retirement savings elsewhere. This is up from 23% last year. At the highest risk are members under 55 years ...