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Showing 21 - 30 of 4482 results for %22FAR%22

Life insurers struggle with code compliance

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... what appears to be under-reporting by others. We found that some insurers were reporting breaches and complaints in numbers far below what would be expected," McClelland said. "Rather than indicating perfect compliance, it suggests deficiencies in processes ...

HUB24 growth officer jumps to AZ NGA

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... through the growth and prosperity of high-quality wealth firms," Stafford said. "I'm inspired by what has been achieved so far and the opportunity ahead of us to continue to shape the Australian wealth industry."

Financial Conduct Authority cracks down on finfluencers, firms

KARREN VERGARA  |  THURSDAY, 28 MAR 2024
... for their content" and are "directly compensated by the social media platform for the views they acquire." The FCA sees that far too many consumers have high levels of trust in finfluencers, but their advice can sometimes be misleading. Unauthorised ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
Platinum Investment Management flags it will lose at least $1.4 billion as a partial redemption from institutional clients over the next month, translating to an $18 million hit to revenue. One large client told the fund manager that it intends to rebalance ...

Australia's wealthiest women not getting the advice they need

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... and CoreData research found Australian woman are more highly educated, entrepreneurial and participating in the workforce in far greater numbers, including in higher-paid, male-dominated industries. "Women are accumulating their own assets and investments ...

Luxury fashion house sued over Birkin bag sales

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... tying arrangement. The Birkin handbag was introduced in 1984 and pricing typically starts at US$10,400. Some Birkins sell for far more, including one bag that retailed for US$2 million in 2012; even pre-owned Birkins can sell for tens of thousands of ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... productivity outcomes in Australia," he said. Nominal unit labour costs lifted by 6.6% year over year in Q4 2023, which is "far too high" to be consistent with the RBA's 2-3% inflation target, he added. The RBA hasn't ruled anything in or out ...

Markets, economies benefit from eustress: ABDO

KARREN VERGARA  |  WEDNESDAY, 20 MAR 2024
... "However, over the last 35 years the average central bank rate has been 4.42%. On a longer-term basis, today's rates are far more normal than those we had prior to May 2022." Paton does not see the Reserve Bank of Australia (RBA) lowering rates until ...

Brighter Super signs David Koch as ambassador

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
The $30 billion superannuation fund says the partnership "will help demystify complex financial concepts around superannuation and retirement planning" for members, outlining the metrics by which its success will be measured. David Koch, also known ...

PGIM launches new platform in Australia

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
PGIM Real Estate has expanded its agriculture financing platform into Australia as part of the asset manager's global growth strategy. PGIM said Australia marks the first expansion of its agriculture lending business beyond North America. PGIM Real ...