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Showing 4401 - 4410 of 10705 results for "May 2012"

Older Aussies failing to account for longevity risk

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2018
Only half of Australia's over-50s have made financial plans in anticipation of living longer, according to National Seniors Australia. A new report shows while 85% of over-50s surveyed are aware their life expectancy at age 65 has increased by about ...

Small advice firms face big data breach penalties

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
Small financial advice practices that breach new cybersecurity laws coming into effect next month can face penalties of up to $1.8 million. The stark warning comes from the Australian Small Business and Family Enterprise Ombudsman, which is urging small ...

Changing nature of advice to benefit institutions

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2018
The era of new business models and increasing education debt will see new financial planners begin their careers in salaried positions and place existing advisers' exit strategies at risk. That is the view of Connect Financial Service Brokers chief ...

Cultural bias heavily discounts female artwork

KARREN VERGARA  |  TUESDAY, 30 JAN 2018
Art buyers and investors pay female artists up to 50% less for their work compared to men on average, latest academic research has found. A study of more than a million art auction sales across 40 years found a 47.6% price gap between male and female ...

New degrees introduced to minimise adviser exodus

JAMIE WILLIAMSON  |  TUESDAY, 30 JAN 2018
Financial advisers looking to pursue tertiary qualifications in preparation for incoming education and professionalism reforms may be able to do so via Swinburne Online from February 2018. The university will offer five new business and accounting degrees ...

2017 AGMs less tumultuous: ASIC

KARREN VERGARA  |  TUESDAY, 30 JAN 2018
The number of top 200 ASX-listed companies that received a strike against pay resolutions in 2017 has dropped, as shareholders increasingly become more engaged during proxy season, ASIC says. The corporate regulator, which closely monitors the outcomes ...

Chief economist update: Build, build, and build some more

BENJAMIN ONG  |  TUESDAY, 30 JAN 2018
A number of market moving events and economic releases are scheduled for this week - ones that could either preserve or disrupt the status quo. In America, President Donald Trump will deliver his 'State of the Union' address and the Fed meets for the ...

Derivatives costly and ineffective: Research

KARREN VERGARA  |  MONDAY, 29 JAN 2018
The majority of superannuation pension products eschew derivative strategies due to high costs and lack of effectiveness, latest research shows. Only one-third (37%) of superannuation funds in Milliman's latest survey are using derivatives to protect ...

Chief economist update: The angel in the details

BENJAMIN ONG  |  MONDAY, 29 JAN 2018
The US economy had been expected to slow in the fourth quarter of 2017... but not this slow. The advance estimate of US GDP showed economic growth decelerated to a 2.6% annual rate in the December 2017 quarter from a two-and-a-half-year high of 3.2% ...

ASIC ramps up surveillance and remediation after adviser conflict report

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
ASIC is ramping up its surveillance and remediation processes to help curb further adviser conflicts of interest within vertically integrated institutions. In light of the Report 562 findings, which examined adviser conflicts of interest across bank-owned ...