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Showing 81 - 90 of 100+ results for "Fed"

US, UK hike interest rates

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
... market strategist Kerry Craig said. "This is some departure from the three hikes expected back in December and would push the Fed Funds rate to 2.0% by year end. Moreover, a further four hikes in 2023 could see the Fed Funds rate rise to a level above ...

Women in Super names new chief executive

KARREN VERGARA  |  WEDNESDAY, 16 MAR 2022
Women in Super appointed a new chief executive who comes with extensive experience from the education sector. Jo Kowalczyk takes the post, bringing her background in strategy, advocacy, and transformation. She was most recently the compliance and operations ...

Vanguard hit with US class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
Law firm Dovel & Luner filed a class action lawsuit against Vanguard trustees and on behalf of investors in Vanguard's Target Retirement Funds, based in the US. The suit alleges that Vanguard's mismanagement of these funds led to "enormous tax bills ...

ETF Securities, 21Shares introduce market monitor

CHLOE WALKER  |  WEDNESDAY, 16 MAR 2022
In partnership with European cryptocurrency provider 21Shares, ETF Securities Australia has presented the latest crypto market monitor to provide investors insight and analysis around the recent moves in the crypto market. The monitor suggests that ...

Mixed reviews for advice industry reviewer

KARREN VERGARA  |  MONDAY, 14 MAR 2022
Lawyer Michelle Levy's appointment in overseeing the Quality of Advice Review has received a mixed reception from the financial advice industry. The Association of Independently Owned Financial Professionals executive director Peter Johnston called ...

Biden signs executive order on digital assets

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
US President Joe Biden has signed an executive order on ensuring the responsible development of digital assets, in a move that has seen the price of Bitcoin jump. Signed overnight, the executive order outlines the first whole-of-government strategy ...

TAA calls for prudent pace for reforms

KARREN VERGARA  |  TUESDAY, 8 MAR 2022
The Quality of Advice Review should take precedence over other proposed regulatory changes as financial advisers should not be encumbered by two sets of major reforms in a short period of time. This is according to The Advisers Association, which is ...

Advisers call out regulation backflip

KARREN VERGARA  |  FRIDAY, 4 MAR 2022
Financial advisers are calling out the federal government's regulatory backflip, which floated the idea that the industry can operate under a principles-based regime. Synchron general manager of compliance Phil Osborne said the proposed framework put ...

Advisers cautious of election promises

KARREN VERGARA  |  THURSDAY, 3 MAR 2022
The federal government must be held accountable for making sweeping promises around reducing compliance and qualification red tape, a financial advice industry event has heard. The minister for superannuation, financial services, and digital economy ...

Cbus names deputy chair

JAMIE WILLIAMSON  |  THURSDAY, 3 MAR 2022
The $68 billion industry super fund has appointed a new deputy chair. Master Builders Australia chief executive Denita Wawn has been named in the role, replacing Dave Noonan who stepped down earlier this year. Wawn has been on the board of Cbus since ...