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Showing 4401 - 4410 of 10723 results for "May 19"

Chief economist update: The real growth in wages

BENJAMIN ONG  |  THURSDAY, 22 FEB 2018
It's certainly welcomed but nothing to write home about. I speak about the Australian Bureau of Statistics' (ABS) Wage Price Index (WPI) report that revealed growth in total wages accelerated to 2.1% in the December quarter from 2% in the previous quarter. ...

Don't blame ETFs: Spot poll

KARREN VERGARA  |  MONDAY, 19 FEB 2018
Exchange-traded funds (ETFs) are not at fault for the recent global equities sell-off and should not be blamed for the next financial market meltdown. This is the view of 68% of respondents polled in Financial Standard's survey last week, who said ETFs ...

Best interest duty failures lead to EU

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2018
The director of a financial services firm is excluded from the industry for five years after failing to comply with best interests obligations when consolidating clients' superannuation. ASIC has accepted an enforceable undertaking from David Orth ...

Lennox launches micro-cap fund

ALEX BURKE  |  MONDAY, 19 FEB 2018
Fidante-aligned Australian equities boutique Lennox Capital Partners is launching a new micro-cap fund. The Lennox Australian Microcap Fund will hold between 20 and 40 Australian and New Zealand companies and aims to outperform the S&P/ASX Small Ordinaries ...

Chief economist update: Inflation isn't such a lonely word

BENJAMIN ONG  |  MONDAY, 19 FEB 2018
Wall Street recovered just as quickly as it corrected - selling and then buying on rising inflation expectations. The S&P 500 index closed 4.3% up at the close of the trading week ending 16 February, partly reversing the previous week's 5.2% loss but ...

SMFSA voices support for AFCA

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
Expanding the remit of the newly legislated Australian Financial Complaints Authority (AFCA) to protect some rights of self-managed super members marks a "significant step" for the industry, according to the SMSF Association. Establishing AFCA consolidated ...

AustralianSuper slashes insurance premiums

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2018
Australia's largest superannuation fund is reducing insurance premiums that will save members $100 million over the next financial year. From May 2018, AustralianSuper and life insurance partner TAL will decrease life insurance premiums by 14% for death ...

IOOF partners with GROW Super

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
IOOF purchased a minority stake in GROW Super to help the wealth group expand and boost the digital capabilities of its own financial adviser network. IOOF said the partnership will facilitate member engagement with superannuation and the connectivity ...

AFA working to bust FASEA myths

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2018
The Association of Financial Advisers has moved to placate its membership under any belief that tertiary degrees completed more than 10 years ago will not be recognised by the Financial Adviser Standards and Ethics Authority. In a statement on its website ...

Planners vital to closing super gap: Research

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2018
Latest research from Roy Morgan suggests there is greater potential for the superannuation gap to be closed if women were more inclined to engage a financial planner. According to a recent survey of more than 50,000 consumers, 8.3% of females purchase ...