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Showing 421 - 430 of 1562 results for "Competition"

Open banking reforms a boon for fintech

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
... services." The aim of open banking is for customers to have more options to assess and manage their finances and that competition and innovation will be stimulated across the banking sector. "Data is driving change and transformation across all sectors ...

BlackRock cuts fees on Aussie shares ETF

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
BlackRock has slashed the fees on its S&P/ASX 200 exchange-traded fund following a pricing review, as competition heats up in the sector. The iShares Core S&P/ASX 200 ETF, which trades on the exchange with ticker IOZ, pushed down the fees to 0.09% p.a. ...

Advice affordability a growing concern

HARRISON WORLEY  |  FRIDAY, 28 JUN 2019
... advisers when choosing a platform. Peker said platforms need to focus on strengthening the relationship with advisers as competition heats up, noting 56% of funds under administration end up on the primary platform, while just a quarter sit on the secondary ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... ASIC is seeking to understand the impact such powers will have on the cost of compliance and the likely effect on competition.

Beware tech firms in financial services

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
... financial services. The BIS said the entry of big tech into financial services presents new risks - not least of all, the competition these companies present to existing financial services firms due to their large customer bases. The warning comes after ...

Risk commission changes imperil advice practices

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
... risks and costs for life insurers, which will ultimately be borne by consumers, but will also see less innovation and competition, as only the largest institutions will be able to survive, it said. Under Recommendation 2.5, Commissioner Kenneth Hayne ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... conditions, hesitancy among clients to place orders. Factory input cost growth lowest in nearly two years, citing price competition, excess capacity developing," it said. "Flash Services PMI down 2.1 points to 50.9 (est. 53.0). Slowest expansion since ...

FCA stokes intergenerational wealth debate

HARRISON WORLEY  |  THURSDAY, 23 MAY 2019
... circumstances are evolving. It is clear each generation will have its own challenges," FCA executive director of strategy and competition Christopher Woolard said. "With this paper, the FCA has a specific focus on the role the regulatory framework plays ...

Industry fund appoints inaugural CIO

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
... to continue to ensure we build capability in governance, product and innovation to respond to member's needs, competition and regulation. We are pleased to expand the capability of our teams to do this and I'm looking forward to the next year ...

CBA down, industry up for employment

ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
... several factors that impact this. "It is not necessarily a sector where a lot of people want to work. It has some heavy competition from sectors where the awareness is not so high but the willingness to work in the sector is not as high," he said. "A ...