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

Search Results

Showing 61 - 70 of 209 results for "Hole"

AMP platform fees laid bare

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
The Royal Commission brought to light several gaping holes in AMP's fee charging mechanisms across its platforms, as well as its inaction to comply with the legislative changes concerning opt-in financial advice fees. AMP head of platform development ...

Chief economist update: The survey says...

BENJAMIN ONG  |  THURSDAY, 29 MAR 2018
... centre of US president Donald Trump's protectionist crosshairs, China needs the result of latest surveys on its economy like a hole in the head...or so it seems. In early March, China's purchasing managers' indices surveyed by both the government and ...

Industry responds to latest FASEA guidance

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAR 2018
Financial advice industry associations will now look to fill any holes found in the educational pathway guidance issued by the Financial Adviser Standards and Ethics Authority yesterday. In acknowledging FASEAs statement, the Association of Financial ...

Asset test rules hurting retirement savings: SMSFA

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2018
... home-owning couples who have a superannuation balance between $500,000 and $800,000, the increased taper rate creates a 'black hole' where their assets above the asset test free amount cause them to be worse off in terms of income," Maroney said. "This ...

MLC Life launches group insurance platform

JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2017
... be to access group insurance, both for those making a claim and for those managing their cover. It can feel like a black hole at times. We wanted to develop a platform that would put members in complete control of their life insurance, and at a time ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
... is not a well thought out policy response to a public interest issue, it is a political tax grab to cover a budget black hole," Bligh said. ANZ, CBA, NAB and Westpac have also taken to the ASX to criticise the Government's new bank levy, with some saying ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... is not a well thought out policy response to a public interest issue, it is a political tax grab to cover a budget black hole," Bligh said. Financial Services Council chief executive Sally Loane said further consultation will be required on the Government's ...

Shadow Treasurer slams governance bill

DARREN SNYDER  |  WEDNESDAY, 23 NOV 2016
... one-third independent directors and an independent chair. "It seems that this [Fraser] review has disappeared into a black hole. My question for you all today is, are you serious about lifting governance standards in this sector or do you want to cling ...

December maybe?

BENJAMIN ONG  |  MONDAY, 5 SEP 2016
... their bets for a September fed funds rate lift soon after US Federal Reserve Chair Janet Yellen's two-day outing at Jackson Hole (25-26 August). Her words, "Indeed, in light of the continued solid performance of the labor market and our outlook for economic ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 30 AUG 2016
... market expectations. These would add to "the case for an increase in the federal funds rate" Yellen talked about at Jackson Hole. However, the latest update on inflation does not. The PCE price index slowed to 0.8% in the year to July from 0.9% in June. ...