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Showing 1 - 10 of 125 results for "Tsunami"

Non-partisan superannuation 'friendship' group formed

ELIZA BAVIN  |  FRIDAY, 27 MAR 2026
... newly appointed shadow assistant treasurer and shadow minister for financial services Kevin Hogan. SMC said a "silver tsunami" of 2.8 million Australians is racing towards retirement in the coming decade. This demographic influx will double the number ...

Licensees slash compliance spending: Survey

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
... reflection of less regulatory change during the period, this is expected to reverse in the next 18 months. This is thanks to a "tsunami of regulatory reforms wash over corporate Australia" such as Delivering Better Financial Outcomes 2 (DBFO), AML/CTF ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... size of some customer-owned banks compared to their shareholder-owned counterparts makes it harder to keep up with the tsunami of regulatory change in the financial services sector. "This impacts their ability to compete and is key to why we have been ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... restructuring and the impact of the COVID-19 crisis," he said. "It was unjustifiable to expect advisers already dealing with this tsunami of reforms to have to find extra cash to fund a trebling of the levy over two years to support an industry funding ...

Ombudsman demands changes for small business insolvencies

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is calling for a number of measures to be put in place to protect small businesses from a 'tsunami' of insolvencies. In the latest Insolvency Practices Inquiry report ...

Aussie equities winners, losers revealed

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... Currently, passive investment funds account for more than 30% of the funds in the Australian equity market. Driven by a tsunami of investor money, 2020 looked to be on a trajectory for a repeat of a stellar 2019 before the pandemic hit. "On 20 Feb 2020 ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... sharpest fall in the survey's record that eclipses the declines witnessed during the global financial crisis and the tsunami that hit the country in 2011. Similar to the US and the Eurozone (and perhaps, every other country in the world), measures ...

FPA predicts self-licensing tsunami

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
The Financial Planning Association of Australia's policy lead believes the current AFS licensing regime is standing in the way of financial advisers delivering greater value. During a discussion about goals-based advice at a recent Advice Intelligence ...

Retirement fintech makes senior appointment

DARREN SNYDER  |  WEDNESDAY, 16 AUG 2017
... access to services that were previously only available to the wealthy," Rogan said. He added there is a digitally savvy tsunami of 'baby boomers' who are comfortably banking, shopping and researching online. He said there is a significant opportunity ...

ETFs set to continue dominance

JAMIE WILLIAMSON  |  WEDNESDAY, 2 AUG 2017
... ETF solutions in their client portfolios in the very near future," Dyall said. "This is a phenomenal number. This is a tsunami of financial advisers planning on introducing ETFs to their clients." Further, about 59% of financial advisers cited product ...
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