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

Search Results

Showing 621 - 630 of 3010 results for "Problem"

ME Bank saga could impact super funds

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... Financial Services managing director and financial adviser Hugh Robertson pointed out ME Bank might have just passed on the problem to its stakeholders. "If these customers suddenly can't access this money and they need $10,000. Guess where they're ...

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 ...

Asset consultant expands into retail market

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
JANA said it will be expanding its service offering to financial advice and private wealth firms in response to the needs of the "growing and evolving" sector. Speaking with Financial Standard JANA chief executive Jim Lamborn said the move is in response ...

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
... on record - seems like a drop in the bucket. Both the Fed and the Trump administration had been throwing money at the problem so it would go away. Still, the US economy contracted at a 4.8% annualised rate in the March 2020 quarter - before the mid-March ...

Now is the time to step up: FEW

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2020
At a time when most are concerned about making career moves, those on the path to leadership are being told now's the perfect time to put themselves out there. That's according to Financial Executive Women executive director Alex Tullio, saying there ...

More super funds will merge: QMV

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
COVID-19 will be the shove that forces some superannuation funds to merge, while others thought safe prior to the pandemic will also be left pondering consolidation. According to QMV practice lead Anthony Forbes, there are certain funds that are going ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... Advice lifted, so long as they provide a Record of Advice and don't charge more than $300 for the advice. Here in lies the problem, with advisers concerned Australians may be driven to accessing compromised advice from super funds. Evalesco Financial ...

Australians hate complexity, not annuities: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 APR 2020
New research from Melbourne Business School Orford Initiative has found there is more demand for annuity products than the industry or government previously believed. However, that demand is being stifled by a lack of understanding among consumers on ...

IOOF, CountPlus, Iress want better path to fee consent

ELIZABETH MCARTHUR  |  FRIDAY, 24 APR 2020
... work together to make the proposed legislation workable. "Working together as an industry solving a pressing business problem with a technology solution is an opportunity for us," he said. "What we are looking for is an efficient, intuitive and standardised ...

Has COVID-19 solved the advice problem?

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
With robo-advice yet to take off in Australia, and the cost of advice still too high for most people, has COVID-19 delivered the solution to the sector's problems on a silver platter? Shadforth's Terry Dillion certainly thinks so. Speaking to Financial ...