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Showing 411 - 420 of 1588 results for "STOP"

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
... several days, but the outcome is the same - economic activity has ground to an almost (except for essential services) complete stop, sending the global economy in recession. The IMF predicts that world economic output will drop by 4.9% this year (after ...

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
Law firm Slater and Gordon has slammed AMP chief executive Francesco De Ferrari's criticism of litigation funding and class actions, as AMP continues to battle lawsuits sparked by the Royal Commission. Slater and Gordon head of class actions Ben Hardwick ...

Life insurers disregard code of practice

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... that subscribers lack sufficient processes for recording and reporting such breaches." The committee's criticisms didn't stop there, with the report adding that the corporate culture of many subscribers appears not to be in alignment with the Code of ...

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
The Australian Taxation Office (ATO) has cracked down on those misusing the Early Release of Superannuation scheme in a move that has been welcomed by the Industry Super Australia (ISA). The ATO said it is beefing up enforcement efforts saying it is ...

Australia lagging on robo-advice

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
... on price and mobile platform improvements, while fintechs like Betterment, Wealthfront and Stash are intent on being a one-stop-shop for investors' savings, investing and transacting needs." Peker said that while primary online investor relationships ...

ASIC warns funds to clean up adverts

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
... years, ASIC has stepped into financial products' advertising several times, including this year when it asked Mayfair 101 to stop advertising debenture products in comparison to term deposits this year. In 2018, the regulator asked super fund Spaceship ...

Mirova chief labels ethical investing pledges hollow

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... strong commitment, but which commit absolutely nothing on the part of the signatories," he said. "That is enough. Let us stop writing platforms to tell others what to do." He added that if these investors really want to throw their weight behind sustainable ...

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... the need to invest to deliver better member outcomes, regulatory pressure and demands for more customised service will not stop. "Which is why we see an acceleration of merger activity," Bardsley said. "It is true that there are many challenges associated ...

Stop guessing games: AMP Capital

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUN 2020
The AMP Capital Global Companies Fund returned 91.8% net of fees in the three years to 31 March 2020, and its managers say the key is to not get caught in guessing games. Over the same three-year period global equity markets returned 30.3%. On an annualised ...

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
While hundreds of thousands of Australians remove tens of millions from their superannuation accounts, SMSFs are holding their own. The most recent superannuation statistics released by APRA show there was a decrease of 7.7% in total superannuation ...