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| | | ... lockdowns in New South Wales and Victoria ended. Business conditions increased by 6 points to a reading of +11 in October - above its long-term average - aided by improvement in all its components (trading conditions, profitability, employment). Better ... |
| | | | Asset managers are prioritising governance and active engagement above other ethical investing matters, a new study shows. Russell Investments' annual ESG manager survey found that among the majority (80%) of the global 369 asset managers it surveyed ... |
| | | | ... and eInvest, invests in a global portfolio of 25 to 125 hybrid bank securities with a targeted return of 3.5% to 4.5% p.a. above the cash rate and net of fees. "There are very few active hybrid funds quoted on exchanges. Australia only represents 4% ... |
| | | | ... iAccess platform products. The recent fee cut follows on from a reduced administration fee, up to 22% in savings for balances above $250,000. Administration fee caps for individuals also reduced by $400 and for families by $500 per year. "In the past ... |
| | | | ... issue for the regulator. "We are concerned that incentives may cause sales agents put their own need for sales and reward above the needs of their customers," she said. ASIC is seeking declarations, civil penalties, injunctions and disqualification orders ... |
| | | | ... best interests duty requirements and could not follow proper advice processes. "Mr Sherwal prioritised his own interests above those of his clients, and he did not exercise the degree of professionalism and judgement demanded of financial advisers. ASIC ... |
| | | | ... paraplanners, university students and FPA professional practices. The awards also celebrate the individuals and businesses who go above and beyond to deliver results for clients. FPA chief executive Dante De Gori said the 20 finalists were chosen because ... |
| | | | ... the composite PMI edging higher to a reading of 53.0 from 52.5 in August, with both manufacturing and services remaining above the 50 expansion/contraction demarcation. There's no "stag". However, there is a risk that inflation becomes more enduring. ... |
| | | | ... by curbs in 2022," he said. "In particular, regulators are taking a keen interest in lending at debt-to-income levels of above six times, which has been increasing since the third quarter of 2020. In plain English, borrowers might not be able to borrow ... |
| | | | ... stability and product sustainability. Income Assure provides an income replacement ratio of 70%, with tiering for income above $150,000, and Income Assure+ provides a ratio of up to 90% for six months post claim if customers select the 'booster' option. ... |
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