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Showing 5761 - 5770 of 10773 results for "May 19"

2015: a lift year

BENJAMIN ONG  |  MONDAY, 30 MAR 2015
Pencil it in, carve it on concrete... 2015 will be the year that the US Federal Reserve lifts its federal funds rate target for the first time since bringing it down to 0-0.25% -- and nailing it there -- a long, long time ago (16 December 2008). Only ...

Industry, government respond to Trowbridge report

ALEX BURKE  |  FRIDAY, 27 MAR 2015
The government and industry bodies have responded to the recommendations in John Trowbridge's Review of Retail Life Insurance Advice. The Treasury was broadly supportive, with Assistant Treasurer Josh Frydenberg commenting that the report "makes a significant ...

Treasury starts consultation for higher advice standards

STAFF WRITER  |  FRIDAY, 27 MAR 2015
Treasury has released a consultation paper and is calling for submissions on ways to lift the professional standards of financial advisers. "Financial advisers play a very important role in Australia, helping consumers to plan for their retirement ...

From the mouths of Feds

BENJAMIN ONG  |  FRIDAY, 27 MAR 2015
A small minus one day, a tiny loss the next and you'll be forgiven for barely noticing that the US stock market had been steadily losing ground all week. But add them all together and they equal something to email your momma about. All up, the S&P 500 ...

Degrees don't ensure good financial advice

ALEX BURKE  |  WEDNESDAY, 25 MAR 2015
The FSI recommendation for advisers to hold a "relevant tertiary degree" in order to raise minimum competency standards will not ensure good advice and may drive established advisers out of the system, according to Australian Institute of Company Directors ...

ASX: The people's platform

STAFF WRITER  |  WEDNESDAY, 25 MAR 2015
The ASX's drive into wealth management has been so successful it is now in effect Australia's seventh largest wealth management platform. Research by Rainmaker released earlier this year revealed that the combined funds under administration (FUA) in ...

PMI surveys say...

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2015
Markit Economics' flash PMI (purchasing managers' index) data dump yesterday gives us the lay of the land for first quarter economy and beyond. While it's tempting to correlate these PMI readings with the effectiveness (or not) of the monetary policy ...

Life cover shifting to younger, lower-income households

ALEX BURKE  |  TUESDAY, 24 MAR 2015
Appetite for life insurance is growing in younger, lower-income households and dropping in older, more affluent demographic groups. This is the conclusion of TAL's 2015 Australian Financial Protection Index, based on an online survey of 1,266 Australians ...

Another cut's in the mail?

BENJAMIN ONG  |  TUESDAY, 24 MAR 2015
Disappointment over the Reserve Bank of Australia's (RBA) decision not to cut interest rates at its 3 March Board meeting reversed the Australian equity market's sharp uptrend that started in the middle of January. The All Ords dropped from a high of ...

Finance dominates top Australian companies list

ALEX BURKE  |  MONDAY, 23 MAR 2015
Finance, superannuation and insurance companies continue to feature prominently in IBISWorld's Top 1000 Australian companies report. Aside from the big four banks, which retain their place in the top 10, there were a further 134 financial and insurance ...