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Showing 391 - 400 of 2981 results for "Problem"

Use of cryptos to boom in 2022: Research

JAMIE WILLIAMSON  |  FRIDAY, 21 JAN 2022
One billion people will own some form of cryptocurrency by the end of 2022, new research suggests. Analysis from Crypto.com shows the number of crypto owners across the global nearly tripled last year from January's 106 million to 295 million in December. ...

E&P pulls the plug on DASS

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
Amid a slew of class actions and regulatory problems, the troubled superannuation subsidiary of E&P Financial Group is now in voluntary administration. PwC has been called in as voluntary administrators of Dixon Advisory and Superannuation Services ...

Water, water everywhere but nothing to drink

BENJAMIN ONG  |  TUESDAY, 18 JAN 2022
... economy this year. Sure, governments around the globe could again do what they did in 2020 and 2021 - throw money at the problem. But this time is different. Throwing more money to shore up economic activity only makes the fire of inflation burn even ...

Consultation opens for CCIV draft bill

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
The long-awaited Corporate Collective Investment Vehicle regime draft regulation has been released, with consultation to be held until 21 January 2022. Rules for financial reporting, record-keeping, and custody of CCIV assets are some of the measures ...

Firetrail Investments launches global equity fund

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... technology. "The fund targets investors wanting to invest sustainably while not sacrificing outperformance," Gray said. The problem with traditional approaches to sustainable investing is they are backwards looking, he added. "Companies that have already ...

FSC releases two new standards

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
The Financial Services Council released two new standards, one of which helps members abide by the newly mandated advice fee consent requirements. FSC members will need to comply with FSC Guidance Note No. 43 from 1 January 2022, which was constructed ...

Sustainability will send some broke: Research

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Efforts to become more sustainable will challenge many firms and perhaps even bankrupt some, experts from MFS Investment Management have noted. In a new research note, MFS global investment strategist Robert Almeida and research analyst Robert Wilson ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... agree on the exact figure. The ATO calculates $3.5 billion while ISA believes the figure to be $5 billion. "It's a big problem, whether it's $3 billion or $5 billion. It's a huge amount of money that isn't going towards workers retirement ...

Economic recap: Week to December 10

BENJAMIN ONG  |  MONDAY, 13 DEC 2021
As it was in 2020, so it is in 2021. Yes Virginia, I don't believe it too until... I re-read my first scribbles on this site at the beginning of 2021. On January 12 this year, I wrote: "Fiscal and monetary authorities prompt and aggressive counter-cycle ...

AAT downgrades adviser banning

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
A former financial adviser who copped an eight-year ban early this year will now serve a shorter banning order. The Administrative Appeals Tribunal reduced Lisa Lee's banning to six years. Her appeal to the AAT heard that she "accepted that what she ...