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| | | ... has about $23 billion in assets under management, has lowered its admin fee. From July 1, TelstraSuper Corporate Plus, Personal Plus, Retire Access and Direct Access members will pay an admin fee of 0.18% per annum, 10% lower than the previous fee of ... |
| | | | ... years for failing to act in the best interests of clients. ASIC found Jennings failed to consider clients' relevant personal circumstances, recommending strategies like double gearing despite knowing that they struggled to service the loans. Jennings ... |
| | | | Stonehouse Financial Group has acquired the books of a long-serving risk adviser who will leave the industry to pursue other interests. Financial adviser Greg Owen has sold his practice GJO Financial Services for an undisclosed amount to Jeremy Chiel ... |
| | | | ... individual professional accountability," he said. The FPA supports the new registration regime, which will fall under the personal responsibility of each adviser. "The current model, which will come into effect from 1 January 2022, makes the registration ... |
| | | | ... distribute all his Berkshire Hathaway shares to philanthropy. He claims the shares in the company account for 99% of his personal wealth. As of his most recent announcement, he is halfway to meeting that commitment at the age of 90. "In June of 2006 ... |
| | | | ... Bank is also taking the same four hours-only approach, though notes that staff were provided an additional 10 days' personal leave last year for COVID-19-related matters. Others have said paid vaccination leave is available via informal agreement. ... |
| | | | ... and employment policies," the report read. Some government assistance in rich countries was so generous that disposable personal income rose overall. The US (7.2%), Germany (0.8%) and Canada (2.3%) are some examples. Australia recorded 1805 millionaires ... |
| | | | ... and still be able to help their children financially, could seek an alternative strategy, such as the establishing of a personal investment company." An investment company can receive a loan from the family, invest the funds, and pay tax on earnings ... |
| | | | Clients who claimed Commonwealth Bank financial advisers put them in expensive CMLA life insurance policies instead of cheaper alternatives have been asked to work to a new group definition. The group proceedings were filed by Diana Tyrrell and Edward ... |
| | | | WealthO2 has launched an app for financial advisers and their clients to help them manage their investment and superannuation information. Available on Apple and Android, the app aims to provide advisers and their clients transparency on their holdings ... |
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