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Showing 5901 - 5910 of 19588 results for "RIS"

Politician urges Treasurer to protect advisers

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
Federal member for Warringah Zali Steggall has written to Treasurer Josh Frydenberg to ask him to consider how regulatory changes are impacting financial advisers, requesting an extension to education reforms. Steggall wrote that a number of regulatory ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
Profitability in life risk insurance has dropped to the extent that the sector is now loss-making in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an ...

Best of times, worst of times for advice

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
At a roundtable yesterday talk turned to the current state of the financial advice industry and the opportunities that exist alongside the challenges. Stephen Miller, adviser at GSFM, pointed out: "The whole regulatory landscape as a consequence of ...

Chief economist update: Cloudy 2020 vision for OECD

BENJAMIN ONG  |  FRIDAY, 22 NOV 2019
Scratch that and lower it to 2.9%. In its 'Interim Economic Outlook' report published on September 19, the OECD lowered its world economic growth forecast from 3.6% in 2018 to 2.9% (down from 3.2% forecast in May 2019) this year and 3.0% (down ...

Complexity equals risk: IOOF chief

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
Facing a grilling at the House of Representatives Standing Committee on Economics today, IOOF chief executive Renato Mota said the firm's former complex organisational structure was responsible for additional risk. Asked by Labor MP Daniel Mulino ...

Cbus, UniSuper back new housing bond

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
Cbus and UniSuper have invested in a new $315 million bond issue, which the government will use to finance affordable housing in five states. Cbus took up $30 million of the National Finance and Investment Corporation (NHFIC)'s second bond issue of ...

Fossil fuel exposures climb at UniSuper

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
The $80 billion superannuation fund is more exposed to companies involved in fossil fuels than it was a year ago, according to its second annual climate risk disclosures released yesterday. At June end, UniSuper had 12% of its exposures in companies ...

Super Fund of the Year named

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2019
Australia's biggest super fund has been crowned fund of the year at this year's Rainmaker SelectingSuper awards in Melbourne this morning. The $167 billion AustralianSuper took home the coveted title. Rainmaker executive director of research ...

Insto investors confused by environmental equities

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 NOV 2019
Impax Asset Management executive believes its offering has suffered in Australia due to a lack of understanding around which asset class environmental equities fit into. Speaking to Financial Standard, managing director of listed equities for Impax ...

Risk advisers a dying breed: Research

HARRISON WORLEY  |  WEDNESDAY, 20 NOV 2019
The proportion of financial advisers specialising in life insurance has more than halved in the last five years, according to Investment Trends research. In its 2019 Planner Risk Report released today, Investment Trends revealed just 15% of advisers ...