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

Search Results

Showing 7571 - 7580 of 28273 results for "NOT"

Men gamble ERS payment away: Research

ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
... account for population biases. illion and AlphaBeta previously found that 40% of those who accessed their super early did not see any drop in their income during the COVID-19 pandemic and that 64% of the money had gone to discretionary spending.

Senator remains firm on FASEA extension

ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
Senator Rex Patrick, whose amendment to Treasury Bill Number 3 meant that the FASEA extensions hit a snag, is not backing down. The senator defended his amendment in an email to a financial advice association. "I added a schedule to the bill. Despite ...

Global boutique reduces fees

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... long term; fees can make a meaningful impact on long term returns. "We believe that the highest quality of management does not need to correlate with the highest level of fees." GQG Partners is an independent US-based boutique equities manager focused ...

FPA accuses ASIC of price gouging

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... allow a Record of Advice to be given instead of a Statement of Advice in certain circumstances. De Gori said the industry was not consulted on the decision, and had been a big help for Australians to have more affordable access to advice. "ASIC had asked ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... ideas." - Encyclopaedia Britannica There's an air of optimism up and about in this "Lucky Country", for while it would not escape a technical recession -- Federal Treasurer Josh Frydenberg acknowledged as much after the Australian Bureau of Statistics ...

Industry fund drops Rio Tinto amid sacred site outcry

HARRISON WORLEY, ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... week, recordings of an internal "town hall" meeting reveal Rio Tinto's apology was for the distress the event caused, and not the event itself. "We haven't apologised for the event itself, per se, but apologised for the distress the event caused," ...

ASIC ends relief for advisers

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
ASIC has announced an end date or the COVID-19 regulatory relief for financial advisers. The ASIC Corporations (Trading Suspensions Relief) Instrument 2020/355 will be repealed on 15 October 2020. "ASIC had publicly stated that these relief measures ...

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... the exam and comply with the standards at incredibly short notice." McAllister said it was the fault of the government for not implementing the legislation that was originally passed in a timely and efficient manner. "Regrettably, we are in a position ...

Major OneVue shareholder says IRESS bid too low

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
... investment vehicle ] shareholders for what we've identified. "Great that it's recovered on the basis of the bid but still not enough to satisfy us in what we know is a [sic] industry with great tailwind." Waislitz said Thorney likes OVH, will ...

Zenith defends LICs/LITs

ALLY SELBY  |  FRIDAY, 12 JUN 2020
... claim that LICs and LITs are a flawed investment structure." Instead, Zenith argues that "flawless investment structures do not exist" and that "trade-offs" are the inescapable reality of investing. "Rational investors should ensure they select the structure ...