Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 541 - 550 of 2028 results for "Let"

ME Bank saga could impact super funds

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
ME Bank has come under fire after customers received letters telling them the redraw balances on their mortgages had been dramatically slashed without any warning. One letter from ME Bank, seen by Financial Standard, showed a customer's redraw balance ...

New course helps advisers recognise financial abuse

JULIA NEWBOULD  |  TUESDAY, 5 MAY 2020
... or procedure for their individual practice to follow, and proudly display the Financial Abuse Specialist certified logo to let potential clients know they're qualified to assist and understand, Cassar said. "We have also had interest from practice ...

Platform cancels top 50 funds list

ELIZABETH MCARTHUR  |  TUESDAY, 5 MAY 2020
A UK investment platform has cancelled its usual list of the top 50 funds after it backed a fund that got suspended and promoted funds with discounted fees. Hargreaves Lansdown, a FTSE 100 company, will no longer publish the Wealth 50 which it called ...

Junk by name, junk by nature?

ALLY SELBY  |  THURSDAY, 30 APR 2020
... of months, what do you think the likely scenario is?" Hua said. "Number one, I can tell you, the government will probably let more people withdraw from their super funds. Secondly, asset prices will be lower. "And last but not least, why are you investing ...

Is it really as bad as it seems?

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... the terms that have been filling up our newsfeeds, but is this really such a big deal? Everyone has heard the phrase 'don't let the solution be worse than the cause' and many people think this is worth discussing. This phrase mostly comes from politicians ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... designed to accelerate the issuance of information for clients - is "great", but won't help with the onboarding of new clients. "Let's say someone you know is in financial distress and they want to have access to their superannuation and they're a new ...

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
... (1.8% in the March quarter from 1.6% in the previous one); the weighted median (1.7% from 1.3%) -- remain below target but why let the facts get in the way of a good story? Under normal circumstances and just looking at the numbers, you, I and Irene ...

ASIC urges insurance flexibility

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
ASIC has called on insurers to introduce flexible options, such as premium deferrals or reductions, to assist consumers during the COVID-19 pandemic. ASIC issued an open letter to general and life insurers outlining its expectations during the COVID-19 ...

LGIAsuper revises down unlisted assets

KANIKA SOOD  |  FRIDAY, 24 APR 2020
The $12 billion superannuation fund has revised down the value of its property and infrastructure in response to COVID-19, joining AustralianSuper, UniSuper and Hostplus. LGIAsuper reduced the valuation of its property portfolio by 5% and infrastructure ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... the most affected funds and some of the bad press alerted them - and us - and we've sat down with them and it's just been a "let's do it" there hasn't even really been much of a discussion," Geffin told Financial Standard. Geffin said clients weren't ...