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Showing 931 - 940 of 1941 results for "SAFE"

Frydenberg slams financial sector greed

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
Commenting to the interim report released this afternoon, Federal Treasurer Josh Frydenberg said it's evident the findings point to "greed" that's been pursued in return for short-term profits at the expense of consumers and the most basic standards ...

AFA rejects criticism over grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
... in the overall superannuation system. "Consumers should rightly assume that their money in their superannuation account is safe. This advertisement clearly implied, in a dramatic manner, that for many their superannuation was at serious risk," the AFA ...

OPEC is not to blame

BENJAMIN ONG  |  TUESDAY, 25 SEP 2018
... oil by 19.3%. Recall that a few days before Trump tweeted: "We protect the countries of the Middle East, they would not be safe for very long without us, and yet they continue to push for higher and higher oil prices! We will remember. The OPEC monopoly ...

Government establishes aged care Royal Commission

HARRISON WORLEY  |  MONDAY, 17 SEP 2018
A prominent law firm believes elder financial abuse should form one of the main issues to be examined at the newly established Royal Commission in to the aged care sector. Maurice Blackburn Lawyers welcomed the Federal Government's intention to establish ...

Pension funds feel the heat on climate change

JAMIE WILLIAMSON  |  THURSDAY, 13 SEP 2018
A study of the world's 100 largest public pension funds has found more than 60% have little or no climate change strategy. This includes a number of Australian superannuation funds. A new report from the Asset Owners Disclosure Project shows 63% ...

Best-in-show super fund list should be 11: WSSA

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
... said. "While funds might do all kinds of things to get on the list in the first instance, once they are on they will play it safe because they don't want to come off it. There would therefore be no incentive to innovate." The Productivity Commission ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
The Royal Commission cast serious doubts over the ability of APRA and ASIC to effectively regulate the superannuation industry, questioning their purpose in safeguarding retirement savings and the stability of the financial system. In his fifth round ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
The S&P 500 index closed at 2896.74 points at the end of last night's trading activity on Wall Street. Yes, Virginia, it's a new record high! Yippee-kay-yay and hallelujah! This is good for stock markets around the world, including Australia. ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
... against the greenback and correspondingly, the Nikkei-225 index lost 0.8% to date. However, this could have been muddied by safe-haven buying in the yen (due to the tumult prompted by the Turkey crisis and emerging market sell-off) and of course, the ...

Raiz beefs up security with AI

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
Micro-investing platform Raiz Invest struck a deal with a US-based cyber security firm to help protect the platform from hackers. Raiz appointed Seattle-based Versive to deploy its security engine in the platform, which grows at over 20% per quarter. ...