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Showing 401 - 410 of 3008 results for "Problem"

Labor promises cheap childcare, climate action

ELIZABETH MCARTHUR  |  FRIDAY, 1 APR 2022
... challenge facing our country - instead of this decade-old government being part of the solution - they are part of the problem." He accused the government of creating one-off measures to address cost of living pressures - a $420 one-off tax offset for ...

PGIM hires head of wealth

JAMIE WILLIAMSON  |  TUESDAY, 29 MAR 2022
The former head of wholesale sales at Macquarie Asset Management in Australia has taken on the newly created role at PGIM as it looks to expand its offering. Benjamin Price is now managing director, head of Australian wealth for PGIM, based in Sydney. ...

APRA suspends IDII work, "disappointed" in industry

ELIZABETH MCARTHUR  |  FRIDAY, 25 MAR 2022
APRA has suspended its work on individual disability income insurance, which was causing huge losses to insurance companies, expressing disappointment in the industry's response. The regulator first announced it was intervening on IDII products in 2019 ...

Disclosure lacking in common ownership: Committee

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
The House of Representatives Standing Committee on Economics has recommended greater disclosure obligations for institutional investors and proxy advisors and for the ACCC to actively monitor common ownership in Australia - all the while sharing little ...

ASX24 outage sparks concern

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
At 10am yesterday, the ASX identified a hardware related issue with its options and futures market ASX24 and placed it into a halt. ASX24 was not operational again until after 2pm, with the ASX reporting that the issue was confirmed to be caused by ...

Switch to value could hurt super: Research

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
The negative returns for equities in January may not have been the biggest problem for super funds, with the size of the value premium seen posing a significant risk to investors with actively managed growth style portfolios. Latest analysis from Rainmaker ...

Hume pledges less red tape for advisers

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... advisers, universities, students and businesses". The Labor Party's Stephen Jones, who also spoke at the summit, said the problem with FASEA's model was it "tried to squeeze everyone through the same funnel" by testing advisers over a range of ...

Schroders restructures team, appoints investments lead

JAMIE WILLIAMSON  |  FRIDAY, 25 FEB 2022
Schroders has created the role of chief investment officer, Australia, while also making two leadership appointments within its multi-asset and fixed income teams. Simon Doyle has been named chief investment officer, Australia in addition to his role ...

Global markets shaken by war

ELIZABETH MCARTHUR  |  FRIDAY, 25 FEB 2022
... Somasundaram said. "CROPEC knows that these asset bubbles are not sustainable in elevated inflation. Western economies saw the problem but were too greedy to fix it. Ignoring the problem and allowing it to get even bigger has allowed CROPEC to use it ...

PwC appoints insurance leader

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
PwC Australia today announced the appointment of Yoshiro Makita as insurance leader for Australia within the firm's Financial Services business. Makita joined the Australian firm, transferring from PwC Japan where he led that its insurance consulting ...