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Showing 31 - 40 of 533 results for "Congress"

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... the looming Delivering Better Financial Outcomes (DBFO) Tranche 2 reforms. Addressing the first day of the 2024 annual Congress, FAAA chief executive Sarah Abood proposed some ground rules around the advice NCAs should and should not be able to provide. ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
... Commissioners, Allison Herren Lee, Elad Roisman, Hester Peirce, Caroline Crenshaw, Mark Uyeda, and Jaime Lizárraga. I also thank Congress, my colleagues across the U.S. government, and fellow regulators around the world." Trump has not yet nominated ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
The Federal Reserve cut interest rates overnight, in line with market expectations, but chair Jerome Powell faced a raft of questions over President-elect Donald Trump returning to the White House. The Fed continued its policy easing cycle with a 25 ...

US election: Global investors fear inflation boom

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
... victory are resounding, the longer-term impact is still unclear and will remain so at least until the final make-up of Congress is known," Shah said. Shah said if Congress is divided, Trump's ability to advance his agenda on taxes, spending and regulation ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... non-profit USAFacts evaluated, peaking in 2010 at US$964.4 billion when former President Barrack Obama was in charge. Congress has shelled out US$175 billion to the Ukraine since Russia's war in 2022. Some 30,000 civilians since have been killed ...

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... reverse half of the corporate tax cut from 35% to 21% that was supported by President Trump and the Republican controlled Congress back in 2017," he said. However, Cunneen said Trump's proposals would have a more dramatic impact on global trade and the ...

FAAA announces 2024 awards finalists

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
... us celebrate commitment, talent, and passion within our profession." The winners will be announced at the annual FAAA Congress in Brisbane on November 28. Separately, the Council of Australian Life Insurers (CALI) named its 2024 ReCALIbrate grant recipients. ...

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
The US Federal Reserve (Fed) has indicated that a cooling labour market has alleviated inflation pressures, signalling to investors that interest rate cuts could be on the horizon. June's US consumer price index (CPI) data revealed a rise of 3% from ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... non-profit Euro-Med Human Rights Monitor. Last December, major news outlets reported that US President Joe Biden bypassed Congress twice to expedite emergency weapons sales to Israel. The most recent funding was for US$147.5 million for fuses, charges ...

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2023
... to education requirements to meet increased demand for advice. Speaking at the Financial Advice Association Australia Congress this morning, Jones acknowledged feedback from the advice sector in relation to the first tranche of draft legislation to come ...