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Showing 31 - 40 of 10538 results for "Make"

Inflation spooks retirees more than healthcare costs

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... retirement, as the value of those contributions compounds over time," he said. To prepare for retirement, 34% of members make extra super contributions; 38% are paying off home loans; and 46% are reducing their debt. Meanwhile, the majority (68%) of ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... to do the right level of due diligence, testing and sampling. It's just good governance and good risk management, to make sure that having these advice fees taken out of [a member's] account, which is held in trust by the trustee, that it stacks ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... shareholders," he said. However, he added that uncertainties regarding transaction costs, separation expenses, and capital gains tax make it difficult to determine if the deal is accretive to Morningstar's intrinsic assessment. KKR offered $2.2 billion ...

Advisers must unite for major reforms: SIAA

KARREN VERGARA  |  THURSDAY, 9 MAY 2024
... Financial advisers will need to band together to successfully get through another of period of reforms that will ultimately make advice accessible and affordable, this year's Stockbrokers and Investment Advisers Association (SIAA) Conference will ...

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... Misha Schubert said a growing body of expert evidence showed the policy would not lift home ownership rates but would only make housing affordability worse while eroding retirement savings and leaving all Australians a tax bill. "It's economically reckless. ...

Platinum's FUM dips below $14bn

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... Incidentally, Morningstar cut its fair value estimate of Platinum's share price by 20% to $1.00. "Product limitations make it difficult for Platinum to attract fund flows. Platinum's benchmark agnostic, contrarian investment style and performance ...

UniSuper outage continues, no cause identified

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
... now, with members unable to access their online accounts. Among other things, they also cannot consolidate their super or make withdrawal requests. The fund also hasn't been able to accept new joiners via its website. It was confirmed last Friday ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... up to $6000 to roll members into an inappropriate fund. The government allows telemarketers and cold-calling businesses to make unsolicited calls during certain hours - weekdays between 9am and 8pm and Saturdays between 9am and 5pm. ASIC warns cold-calling ...

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
ASIC has won a case against BPS Financial, following a Federal Court ruling that found the latter guilty of offering 'Qoin Wallet,' a non-cash payment facility that used the 'Qoin' cryptocurrency token, without an Australian Financial Services Licence ...

Performance test needs better metrics, durability

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... around the lack of investment flexibility. Certain assets such as those related to the energy transition or affordable housing make it quite difficult under the current testing framework, given the objective to minimise tracking error, he said. Treasury ...