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Showing 451 - 460 of 6511 results for "News"

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
Mayfair 101 investors who have had their life savings frozen amid ASIC's proceedings have been left to their own devices, partly due to Mayfair not being a member of the Australian Financial Complaints Authority (AFCA). A spokesperson for AFCA told ...

CSC pivots towards divestment

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 MAR 2021
... billion of assets under management." Market Forces, the activist group that advocates for super fund divestment, welcomed the news. "CSC has finally belled the cat, stating clearly that there is no way to seriously engage on energy transition with pure ...

MetLife appoints former Premier

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... intend to keep doing this by building strong partnerships and providing valuable insights through our research and data." The news comes as the insurance industry deals with the review into the progress of the Life Insurance Framework.

Investor population rises for global equities

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
... which found investors steering clear from traditional means of financial advice and seeking advice from social media, the news, and friends. Furthermore, BetaShares revealed the ETF industry reached $95.2 billion in 2020, up from $62 billion at the start ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
Australia is once again being infected - infected with optimism, that is. We have discussed previously how the domestic economy has contracted less sharply than its peers and has rebounded stronger relative to its peer, later confirmed by the OECD 'Economic ...

Business investment slow to click into gear: Lowe

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
Reserve Bank of Australia governor Phillip Lowe has expressed his concerns over the slow uptake of business investment in Australia, which he said is slowing economic recovery. Lowe said a durable recovery from COVID-19 requires a strong and sustained ...

Chief economist update: Getting hot, hot, hot

BENJAMIN ONG  |  MONDAY, 8 MAR 2021
... its oil production cuts by another month to the end of April. Clearly, the global economy is past its worst, which is good news for oil. But as the International Energy Agency (IEA) warned in its February 'Oil Market Report', "the rebalancing ...

Women hit hardest by pandemic

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... was negatively impacted by family caring responsibilities compared to 16% of men. Despite the findings, there was some good news from the 2020 Indicators of a Thriving Workplace, Gender Identity Spotlight report. More employers are implementing practical ...

Adviser levy to increase by 160%

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
ASIC has hit financial advisers with the news that levies will increase by the equivalent of 160% over two years, with industry bodies outraged. The total cost levied by ASIC is now $1500 per retail advice licence, plus an additional $2426 per authorised ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
The US is betting that a combination of the stimulus package and COVID-19 vaccinations will lead to full economic recovery by the end of the year, according to a leading economist. Capital Group economist Darrell Spence is optimistic that by September ...