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Showing 911 - 920 of 3169 results for "Rather"

FSC, super sector steps up for bushfire affected

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
... self-sufficient in retirement. He said accessing superannuation early should be seen by those affected by bushfires as a last resort, rather than replacing other forms of financial support for victims of disasters. "In very limited circumstances - such ...

Chief economist update: Missing the burning forests for the surplus tree

BENJAMIN ONG  |  TUESDAY, 7 JAN 2020
... in the Arctic Circle and flooding in Venice is enough evidence to prompt us to start planning for worst-case scenarios rather than debating the science." The piece was published on November 14 last year, just a few weeks before the burning of Australia. ...

FASEA responds to concerns

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
... Code is inconsistent with the existing Corporations Law which contemplates the ability to manage and/or disclose conflicts rather than not acting where there is a conflict," FASEA said. "Some stakeholders believed that Standard 3 is not practical to ...

Westpac to pay $9.5m for Corps Act breaches

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... recommendations, clients signed-up for financial products in which Westpac or associated companies had an interest." Wigney said "that rather cosy arrangement turned out to be fruitful for both Mr Sinha and Westpac", but not always for clients. "Westpac ...

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... rarely a good thing. We are bidding farewell to the year that is likely to be remembered as one financial advisers would rather forget. We've seen the major institutions restructure their wealth functions, with many heading for the exit. We've ...

Time-poor advisers to embrace model portfolios

HARRISON WORLEY  |  WEDNESDAY, 18 DEC 2019
... time with clients. With time on their side, Williams said advisers can focus on deepening their relationship with clients, rather than on trading or rebalancing portfolios. "It does not mean opting out of investment responsibilities. Advisers still go ...

No joy in the advice world this Christmas

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... financially and mentally spent from reform fatigue, according to former adviser and founder of PFM Australia, Barry Daniels. "Rather than continuing until 2024 or 2026, many may feel it will be better to exit in the New Year before the pressure of persevering ...

Australians gifted new tech index

ALLY SELBY  |  TUESDAY, 17 DEC 2019
... underlying liquidity and some of the other parameters that help determine whether a company is actually in the index or not - rather than just market cap or how their share price may have performed in the last 12 months." Cunningham said the new index ...

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... approach to the what the heat map reveals, encouraging concerned super fund members to see a financial planner for advice rather than "simply relying on any simplistic league tables" they notice in the media over the coming days. "The heat map may tell ...

Super consumer body grateful for intervention

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
... costs. The commission noted superannuation debates were dominated by bodies representing the interests of funds and trustees rather than members. To that end, CHOICE launched Super Consumers Australia earlier this year, an advocacy body designed to represent ...