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

Search Results

Showing 31 - 40 of 4607 results for "Information"

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... investment option was not performing as anticipated," ASIC said. "While trustees communicate a lot of performance information to members, we saw little evidence of targeted communication about underperformance or highlighting how an investment option ...

Younger Aussies embracing SMSFs, guidance needed

CHLOE WALKER  |  WEDNESDAY, 21 FEB 2024
... incorporate trusts and other vehicles as well." Hurley added that all advisers should be thinking about how to better access information for the younger generation so that their retirement roadmap is a more holistic view of their entire portfolio of ...

ASIC vigilant on bad SMSF advice

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... continue our current regulatory work with the ATO, responding to poor practices in the SMSF sector, including sharing information about actual, potential misconduct and taking action where we see inappropriate financial advice," she said. ASIC co-regulates ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... Trust, UniSuper and Rest - conducted consumer research and analysed deidentified super fund data and publicly available information. It found that most Australians are spending all their superannuation in retirement, regularly drawing down more than ...

MDA authorisations remain steady amid exodus

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... in the past three years, despite the total number of advisers falling much more. According to analysis by Rainmaker Information, there is now 1998 advisers who can provide product specific advice for MDAs. Over one year, the number has dropped by 0.6% ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... data predispositions, and its predictive capabilities aren't infallible, sometimes generating completely inaccurate information. "We've seen in our economy how one or a small number of tech platforms can come to dominate a field. There's one leading ...

Indexed strategies to hit $1tn in two years

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... 30% in the last five years. "Indexing routinely grows one-third faster than the broad investment market," Rainmaker Information executive director of research and compliance Alex Dunnin said. "Within some asset classes, this will make indexing the default ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... the Actuaries Institute suggests requiring super funds to show retirement income estimates alongside account balance information on member benefit statements, including members in receipt of account-based pensions. Another suggestion is the government ...

ASIC issues interim stop orders against Keystone

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... related to Keystone or how it manages said conflicts; don't disclose a change in the directors of Keystone or any information about a new director, skills, experience, and role; and failed to clearly disclose the fund's investment approach to ethical ...

SMSF scammers charged with criminal offences

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... Cullia was also slapped with one charge of possessing a false document and one charge of possessing identification information intended to be used to commit an indictable offence. Markovic, from Coburg, faces 13 charges of aiding or abetting the commission ...