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Showing 61 - 70 of 846 results for "Global financial crisis"

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... The Fed's funds rate is now in the range of 3%-3.25%, which is the highest it's been since before the Global Financial Crisis. The Fed said it is highly attentive to inflation risks and is strongly committed to returning inflation to its 2% objective. ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... investment scheme that sought to take advantage of the significant drop in house prices in the US during the Global Financial Crisis. It was determined that the six representatives did not conduct a reasonable investigation of the clients' circumstances ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... reported an annual return of -2.73% for its Balanced MySuper option - its first negative return since the Global Financial Crisis. Meanwhile, according to Rainmaker Information data, AustralianSuper's bump in investment fees on its MySuper option ...

Adviser standards consultation commences

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
... be 10 consecutive years. The 15-year period was selected as it covers significant events, including the Global Financial Crisis, Treasury said. This proposal is a win for female advisers as they are more likely to be working part-time or to have spent ...

Cash was king in FY22: Vanguard

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... only asset class to generate a positive return in FY22 was cash - a title it hasn't held since the Global Financial Crisis. Vanguard has released its 2022 Index Chart, capturing every major asset class over the last 30 years. The data shows that ...

UK regulator appoints Camille Blackburn to leadership team

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
... known for her time as senior executive leader, investment banking at ASIC in the lead up to and during the Global Financial Crisis. She was also involved in the Capability Review of the regulator in 2016. She has also previously served as global head ...

Median MySuper returns of -2.8% expected

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... reports an annual return of -2.73% for its Balanced MySuper option - its first negative return since the Global Financial Crisis. More than 90% of the fund's members are invested in this option. Reflecting the impact of the GFC, Rainmaker's data shows ...

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... monetary and fiscal policy. "We're used to monetary policy being there. In the past, if there was a global financial crisis or a market sell down, we had the Fed foot to central banks, pumping liquidity into the system and cutting rates to zero. ...

Queen's honours highlight industry veterans, ESG experts

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
... for outstanding public service to support Australia's finance and securitisation market during both the Global Financial Crisis and COVID-19 pandemic. Bath "was responsible for the Commonwealth's interest rate swap portfolio, financial asset management ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... central banks have tightened monetary policy, producing the most restrictive conditions seen since the Global Financial Crisis, he added.