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Showing 1051 - 1060 of 4032 results for "Personal"

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... declarations that DASS contravened 961K(2) of the Corp orations Ac t on 53 occasions between 6 October 2015 and 31 May 2019 in personal advice provided by DAA representatives. EP1 will submit to improving its processes and filing with ASIC an independent ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... acting chief executive Phil Anderson argued that SOAs are an agreement between a client and their adviser and contains personal information that should not be shared with trustees. He fears the review may breach the Privacy Act and adds another layer ...

New chair for AIA Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
AIA Australia has a new chair, separating its board from the board of AIA New Zealand. Theresa Gattung had been chair for 12 years, now she will serve as chair of the AIA New Zealand board only. Peter Yates, previous chair of CommInsure which AIA acquired ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
... increase by 13.1% from 1 August 2021." BT Super for Life (1980s lifestage fund) was the third-best performing default personal fund to year ending May, according to Rainmaker. It returned 23.9% over the 12 months, and was the 12 th best performing on ...

ASIC announces advice affordability findings

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
... it has "identified a number of initiatives that may assist industry participants in providing good-quality, affordable personal advice to consumers". "ASIC has provided industry feedback on issues relating to law reform to Treasury for consideration ...

FS Power50 nominations open

ELIZABETH MCARTHUR  |  TUESDAY, 6 JUL 2021
... outcomes for Australians. Only financial advisers registered on ASIC's Financial Adviser Register as licensed to provide personal financial advice are qualified to proceed to the voting round. The 50 individuals who collect the highest votes and ...

UniSuper opens its doors, hits $100bn

KARREN VERGARA  |  MONDAY, 5 JUL 2021
... options. Its Global Environmental Opportunities and Sustainable High Growth topped Rainmaker's league tables for personal super at the end of May 2021, returning 19.9% per annum and 12.8% p.a. respectively over a three-year period. Global Environmental ...

Superannuation complaints down 31%: AFCA

KANIKA SOOD  |  MONDAY, 5 JUL 2021
... The most complained about products this year were credit card (14% of all complaints), followed by home loans (9%) and personal transaction accounts (8%). AFCA said nearly 70% of cases were resolved by agreement after AFCA brought the parties together ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... from 1.3% in the previous month. Business credit growth improved from an annual rate of minus 3.0% to minus 2.0% in May. Personal credit was also better in May (-6.4% from -7.8%) while growth in housing credit quickened to an annual rate of 4.8% in May ...

Retail funds blitz personal-balanced options

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
Retail superannuation funds delivered the best performance in the personal-balanced category in Rainmaker's latest analysis of MySuper funds. Wholesale personal super product - FirstChoice Wholesale Multi-Index Growth - returned 23.7% per annum ...