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| | | ... also grips the UK, the FCA, under the new Duty, has set out its expectations for financial institutions to offer consumers fair and competitive saving rates. The FCA said that it has seen "some positive action by banks and building societies to improve ... |
| | | | ... Mousina saying the risk is currently sitting at around a 50% chance in the next 12 months. "I think that that's a pretty fair judgement based on how interest rates have gone," she said. "Maybe the economy will prove to be very resilient to interest ... |
| | | | ... land," he said. ART will then typically engage with its managers to make a pre-emptive adjustment of where they think the fair value should be. Over the last 10 years, ART delivered a return of 8.4% p.a. for its members. |
| | | | ... property, resulting in a deliberate underweight status in office space compared to the index. The fund acquired stakes in Pacific Fair on the Gold Coast and Macquarie Centre in Sydney. Cbus has also been "more focused" on Australia rather than offshore ... |
| | | | The estimated ASIC levy for this financial year will see financial advisers slugged $3217, as the levy freeze comes to an end. Under the estimated levies released yesterday, the levy to be paid per adviser has almost tripled from the $1142 that it was ... |
| | | | The Financial Services and Credit Panel has ordered an audit of a financial adviser who carelessly recommended a client switch superannuation funds. Releasing its second determination since it launched, the FSCP said the unnamed adviser, only referred ... |
| | | | ... or promote those products". The same approach would presumably apply to lifetime annuities, Asher said, adding that to be fair to members and to avoid "promoting a specific product", trustees without a licence should offer them illustrations of both ... |
| | | | ... transparency for multinational corporations operating within Australia, making it more difficult for them to avoid paying their "fair share" of taxes. The Treasury Laws Amendment (Making Multinationals Pay Their Fair Share-Integrity and Transparency) ... |
| | | | Despite an eventful first half of the year, the US economy has been surprisingly resilient, according to Capital Group economist Robert Lind. Addressing the audience at Capital Group's global mid-year investor outlook presentation, Lind said this is ... |
| | | | The independent body tasked with reviewing the competency of APRA and ASIC has released a list of draft metrics it will use to measure the regulators against and is asking for industry feedback. The Financial Regulator Assessment Authority (FRAA) has ... |
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