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Showing 481 - 490 of 1588 results for "STOP"

SG increase means lower wages: Grattan

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
... that the planned increase in compulsory super, from 9.5% now to 12% July 2025, should be abandoned." The report doesn't just stop at the super-wages trade-off for workers covered by federal enterprise agreements. It claims to show other workers are also ...

The growing risk to financial advisers

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... super fund instead." Whether it is a good or bad thing, he couldn't say, but Hutton argued either way it wouldn't stop the wheels from turning. "This is what's happening. It's a shame the banks weren't able to do it satisfactorily," ...

Aussie stocks burnt in blaze

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... share of the losses so far, while QBE has 10%. They argue however, that insurers will be protected by reinsurance cover and stop-loss, making the crisis more manageable on their bottom lines. UBS said smoke haze will drag on retail and construction ...

Chief economist update: Equity markets struck by coronavirus

BENJAMIN ONG  |  WEDNESDAY, 22 JAN 2020
"I've got chills, They're multiplying..." Wall Street is down... with the coronavirus flu! The Dow declined by 0.5%, the S&P 500 by 0.3%, the Nasdaq by 0.02%, and the Russell 2000 by 0.8 after the US Center for Disease Control and Prevention ...

Insurers halt sales to fire-affected areas

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2020
... areas in New South Wales and Victoria. Suncorp and IAG have put a temporary embargo on areas across both states in a move to stop people from panic-buying insurance at the last moment before their homes are destroyed. Speaking to Financial Standard a ...

ASIC drags NAB to court for fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
ASIC has launched civil penalty proceedings against NAB in the Federal Court over fees-for-no-service, which the bank continued to charge after the Royal Commission. The corporate regulator is seeking to find NAB made several thousand contraventions ...

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
... voices singing this Christmas song as I browsed through last week's news of good tidings... and they came in threes. First stop, at the conclusion of its December 10-11 FOMC meeting, the US Federal Reserve indicated that it would not cut interest ...

AMP to cut contribution fees

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2019
... Describing them as grandfathered conflicted remuneration, AMP advised that any adviser with clients in these products will stop receiving the revenue or commission relating to those fees. The change will be communicated to clients in the first half of ...

Industry fund members targeted

ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
... without giving you enough time to properly think things through." It advised members to ignore the call, ask the person to stop calling or ask for more time to make a decision. "Choosing a super fund should never be a hurried decision. Having the right ...

ASIC bans direct life cold calling

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
... recommendation 4.1 of the Royal Commission final report to ban the hawking of life insurance products. "ASIC will intervene to stop practices that lead to poor consumer outcomes and destroy trust in the financial system," ASIC commissioner Sean Hughes ...