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

Search Results

Showing 8091 - 8100 of 28273 results for "NOT"

Positives from the pandemic for advisers

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
According to the Association of Independently Owned Financial Professionals (AIOFP), the COVID-19 pandemic may be producing some positives for financial advisers. In a letter to AIOFP members, executive director Peter Johnston wrote that despite all ...

Early release to bite retirement hard

KANIKA SOOD  |  TUESDAY, 24 MAR 2020
... also been panned by others including Industry Super Australia and Labor who have argued dipping into superannuation should not be the first solution but the last resort. ISA's modelling says a 20-year-old, who takes out $20,000 from their superannuation ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... paid by members." Davis, who is also a board member of Superannuation Consumers Australia, argued a zero interest rate would not be "unreasonable" considering the current low interest rate environment, and would make the loans "risk free". "This solution ...

Recovery expected in 2021: IMF

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... workers and firms," she said. "We welcome the moves of major central banks to ease monetary policy. These bold efforts are not only in the interest of each country, but of the global economy as a whole. Even more will be needed, especially on the fiscal ...

Industry fund boss exits

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
The chief executive of a $6 billion industry superannuation fund is stepping down, with his successor named. Graeme Russell will walk away from the top job at Media Super on April 6, after more than seven years with the industry super fund. Russell ...

Former ANZ adviser banned

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... provide financial advice that was in the best interests of his clients. "A review of Hilsley's advice files revealed that he did not identify, or make sufficient enquiries into, his clients' personal circumstances, properly consider his clients' objectives ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... further $40 billion for urgent and unforeseen spending associated with the pandemic, likely to cause a recession". But so far not so good. To repeat, government and central banks cannot bribe the virus to go away. China's total lockdown of Wuhan ...

APRA heat map update in doubt

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... regulator about which projects would be prioritised while it focuses on the health of regulated institutions. The spokesperson did not confirm whether the December update of the heat map - which is set to include new data across the tool's entire ...

Early release better than SG freeze

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... about 25% higher than the $8000 average release," Rainmaker executive director of research Alex Dunnin said. "Some critics may not be happy about this provision but let's put it in context: in the last few weeks super funds probably lost $250 billion ...

Bond fund spreads widen

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... sharing of costs between those trading and existing investors. Please note that the spread is retained in the fund and is not a fee paid to Vanguard."