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Showing 541 - 550 of 3260 results for "CRIS"

Financial services demands more mental health support

HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
COVID-19 has caused an uptick in the demand for access to mental health and wellbeing training for the employees of financial services firms, according to SuperFriend. New analysis by the wealth management industry's mental health partner reveals a ...

Pessimism strikes Australia, US optimistic

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
Financial professionals in the United States are optimistic about a market recovery, while pessimism is highest in the Asian region where professionals are forecasting double-digit losses, according to Natixis. In its most recent Natixis Investment ...

FPA accuses ASIC of price gouging

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... recession in 29 years. The calls come after ASIC released for consultation its Cost Recovery Implementation Statement 2019-20 (CRIS), which was prepared based on its planned regulatory work and budgeted allocation of costs at the beginning of the 2019-20 ...

ASIC ends relief for advisers

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
ASIC has announced an end date or the COVID-19 regulatory relief for financial advisers. The ASIC Corporations (Trading Suspensions Relief) Instrument 2020/355 will be repealed on 15 October 2020. "ASIC had publicly stated that these relief measures ...

SEC charges COVID-19 microcap scammers

ALLY SELBY  |  FRIDAY, 12 JUN 2020
Five people and six offshore entities have been charged over an alleged fraudulent scheme which sought to capitalise on the COVID-19 pandemic through the illegal sale of microcap stocks. The US Securities and Exchange Commission allege the scheme, boosted ...

Zenith defends LICs/LITs

ALLY SELBY  |  FRIDAY, 12 JUN 2020
Zenith Investment Partners maintains that there is still merit in listed investment companies and trusts, despite volatile market conditions exacerbating their propensity to trade away from their underlying value. Zenith head of real assets and listed ...

Super fund calls for government support

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
Crescent Wealth board director and former Liberal party leader John Hewson called for the government to introduce a 30-50 year guaranteed infrastructure bond. He said a government guaranteed bond would allow super funds to generate investment returns ...

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
The US Federal Reserve has projected rates will remain near zero through 2022 and GDP will contract 6.5% as a result of COVID-19. The Fed also pledged to maintain at least the current pace of asset purchases, which is around US$80 billion per month. ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
Steady all the way... to 2022. As expected, the US Federal Reserve left the fed funds rate target at 0-0.25% at the conclusion of its 9-10 June FOMC meeting, repeated their commitment "to using its full range of tools to support the U.S. economy... ...

A-REIT winners, losers of the 'new normal'

ALLY SELBY  |  TUESDAY, 9 JUN 2020
Both structural and cyclical headwinds threaten to impact Australia's real estate investment trust sector, with clear winners and losers emerging as the country gradually reopens. That's according to Pengana Capital Group portfolio manager Amy Pham ...