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Showing 541 - 550 of 3698 results for "Though"

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... to the 2-3% range over time, the board affirmed that yesterday's increase in interest rates will help achieve its goal. Though, it was flagged that further rate hikes will likely be required over the period ahead. On the policy decision, RBA governor ...

Industry funding model discussion commences

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
... model where costs are recovered before they're expended. It will look at possible solutions to issues this approach incurs though. Stakeholders have until Friday, October 28 to make a submission. "The Albanese government is committed to maintaining appropriate ...

Members want super funds to adopt crypto: Survey

ANDREW MCKEAN  |  THURSDAY, 29 SEP 2022
... trillion in assets said they believe the current crypto winter is either over or has less than six months to run. Even though most of these investors expect some volatility, many have been buoyed by the recent performance of Bitcoin which has rallied ...

FPA calls for sunset on experience pathway

JAMIE WILLIAMSON  |  WEDNESDAY, 28 SEP 2022
... would only support its introduction if it came with a sunset. The completion of an ethics unit should still be required though, 80% said. "While the FPA shares the government's goal of making financial advice more affordable and accessible to Australian ...

Retirement fears on the rise: AMP

CHLOE WALKER  |  WEDNESDAY, 28 SEP 2022
A growing portion of working Australians are worried that they won't have enough savings for retirement, according to AMP's Financial Wellness report. Data from more than 2000 respondents found that concerns about retirement have escalated, with those ...

Time to throw out the antiquated lifetime annuity mindset

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
... client if their risk profile is changing or if the broader financial landscape is changing around them," Hackett said. Though this is no longer the case, as Hackett explained, you can now create more value within the product by not securing the investment ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
Understanding and fixing regulatory uncertainty and licensee caution has been a subject discussed at length within the advice community in recent years, with AFCA saying it isn't surprised by the level of fear in the industry when it comes to ASIC. ...

Ethical ETF popularity soars

RACHEL ALEMBAKIS  |  FRIDAY, 23 SEP 2022
Demand for ethical ETFs continues to surge, surpassing $8 billion, according to BetaShares. Total ethical ETFs listed on the ASX and Cboe are more than $8.5 billion, with BetaShares' range of ethical ETFs constituting nearly half, according to BetaShares ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... automatically charged the advice fee. Between July 2015 and September 2018, AMP deducted more than $350,000 in fees even though it was aware these members had ceased their employment. While the institution remediated almost $700,000, the court found ...

Actuary of the Year named

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2022
The Actuaries Institute has named Chris Dolman as the Actuary of the Year for 2022. Dolman is executive manager, data and algorithmic ethics at IAG and is also a research affiliate at ANU's Humanising Machine Intelligence group and contributes to the ...