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Showing 551 - 560 of 4428 results for "Poor"

AMP hit with credit downgrade

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
Standard & Poor's has downgraded AMP Limited's credit rating from BBB+ to BBB, with all AMP Group entities on CreditWatch with negative implications. The rating assigned to AMP Bank remains unchanged by S&P at BBB+. The change to the credit rating is ...

APRA funds can learn from SMSFs: Rice Warner

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
Self-managed super funds have the edge over their APRA-regulated counterparts, according to insights from Rice Warner. Rice Warner said SMSFs cater well for retirees as their structures are more sensible and allow retirees to manage their finances properly. ...

Experts battle for GST reform

ALLY SELBY  |  TUESDAY, 7 JUL 2020
A Monash University lecturer has pushed the case for a GST holiday, which he argues is the most effective way to generate "maximum economic bang for the government's buck". In an opinion piece for The Conversation, economics lecturer Isaac Gross argued ...

Rio Tinto decision exposes limits of super engagement

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
... Gorge and continues to roll from crisis to crisis. Investors should be circling in on those responsible for this litany of poor decision making." AustralianSuper, which has a roughly $1 billion stake in Rio Tinto, said it had "two or three" discussions ...

Land tax, not stamp duty: Report

JAMIE WILLIAMSON  |  FRIDAY, 3 JUL 2020
A draft report into reforming GST and reducing inefficient taxes has reignited calls for the scrapping of stamp duty when buying or selling a home, to be replaced by a broad-based land tax. The NSW Review of Federal Financial Relations draft report ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... 1260 made against funds for delays in claim handling, followed by 753 for being charged incorrect fees/costs and 648 for poor service quality. Most COVID-19-related complaints were about general insurance claims, at 1813, with more than 1500 of these ...

Perpetual wins government fund mandate

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
... Markets Impact Investment Fund (EMIIF) will invest in small to medium enterprises (SMEs) in that improve the lives of the poor, and build the impact investing market in South and South East Asia. The fund is operational from today. Perpetual's The Trust ...

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
... products are designed to be simple and cost-effective," Rowell said. Again, APRA reinforced that trustees of consistently poor performing funds, or funds with sustainability challenges, should strongly consider options to merge or exit the industry. ...

Rice Warner questions super return targets

HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
... constantly at pains to emphasise that past performance is not a reliable indicator of future performance. "While the past can be a poor guide to the future, it has to be said that those funds with a 25 or 30 year history of earning CPI + 4% or even 5% ...

Fixed income investors get new ESG rating

HARRISON WORLEY  |  TUESDAY, 23 JUN 2020
... Insight senior ESG analyst Joshua Kendall said the firm's analysts found many holes in externally-available information, and poor agreement between data providers about what ESG risks actually are. He added that for smaller issuers, like those in emerging ...