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Showing 391 - 400 of 4424 results for "Poor"

Fund inflows drop sharply: Calastone

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
Calastone insights have found that Australians' investment appetite has cooled markedly in the first quarter of 2022. The quarterly fund flow index from Calastone found that after record inflows to managed equity funds in 2021, the value of new cash ...

Westpac fined $1.5m for mis-selling insurance

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
... customers were not liable to pay them. ASIC deputy chair Sarah Court said: "ASIC has identified consumer credit insurance to be a poor value product that leads to poor outcomes for consumers." "The sale of these products benefited the bank and not the ...

Clients place more value on human advice: Vanguard

CHLOE WALKER  |  FRIDAY, 1 APR 2022
... to help," Pope said. "Understanding advice delivery preferences is crucial for Australian advisers, many of whom are time-poor and resource-constrained. "If advisers can segment their business to understand what delivery method their clients prefer for ...

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... sustainability issues. "Such RSEs will likely face challenges in addressing areas of underperformance, such as high fees and poor investment returns, and funding operational improvements that ultimately benefit members," APRA said. Meanwhile, more than ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... landscape. "These changes have increased the complexity and cost of administering superannuation funds resulting in potentially poor outcomes for members where there is insufficient scale," Diversa wrote to members. "With consideration of these changes ...

abrdn establishes Sustainability Group, promotes

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAR 2022
Commitment to sustainability is ramping up at abrdn, with the global manager announcing a dedicated business division and promoting its local ESG lead. abrdn's new Sustainability Group will provide subject matter expertise to the broader group's ...

Private debt and YFYS: Research

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
... and 57bps per annum. The test scenario analysis estimated losses to be 17bps per annum, which is based upon the Standard & Poor's BB default rate. "The illiquidity and complexity premia that can be captured in private debt, along with exposure to the ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
The Senate has overturned proxy advice reforms announced at the end of last year, three days after the new regime had begun. On a vote of 29 votes to 25, the Senate disallowed the new regulations that were announced by Treasurer Josh Frydenberg in December ...

Australian billionaires double fortunes during pandemic: Oxfam

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... "It's time for the Australian government to take this issue seriously and take action to close the gap between the rich and poor," Morgain said.

Data shows WallStreetBets created losses

ELIZABETH MCARTHUR  |  THURSDAY, 13 JAN 2022
... returns. The data was compiled by European trading platform Capital.com, and suggests relying on advice in the WSB forum was a poor investment strategy for most of 2021. The research, conducted between January 21 and 17 December 2021, found that the ...