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Showing 91 - 100 of 1184 results for %22Labor%22

Adviser population drops below 19,000

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
The financial advice industry lost more than 2200 advisers this year, marking an 11% year-on-year drop to 18,822. Rainmaker modelling of ASIC's Financial Adviser Register reveals that only 18,822 advisers are left as of yesterday, December 16. At ...

Sustainability will send some broke: Research

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... ESG narrative is financial materiality, which naturally affects asset prices," Almeida and Wilson said. "While the global labor shortage is seemingly a function of the pandemic and stimulus, it's also part and parcel of the broader ESG movement. Beginning ...

Hume commits to 12% SG

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... would not alter the super guarantee increase in any way," ISA chief executive Bernie Dean said. He added his support for Labor's proposal to link super fund capital with government projects. "Labor's proposal to unlock further super fund investment in ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
Labor promises that superannuation will not be hotly contested in the upcoming federal election, vowing that if it comes to power in 2022 it will not introduce major changes. Shadow minister Stephen Jones pledged more stability and less uncertainty ...

AIOFP blasts 'elitist' young advisers

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
... Association of Independently Owned Financial Professionals (AIOFP) has criticised 'elitist young financial advisers' for opposing Labor's suggestion older financial advisers shouldn't have to complete a university degree. Last week at the AIOFP's annual ...

Labor promises to recognise adviser experience

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
Labor promises it will dump educational requirements for financial advisers with over a decade's experience if it comes to power. Shadow minister for financial services Stephen Jones said such advisers with a clean record will not be required to ...

AustralianSuper, LUCRF push ahead on merger

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
... confirmed it was exploring a merger with AustralianSuper in July, signing a Memorandum of Understanding. LUCRF Super, the Labor Union Cooperative Retirement Fund, was established in 1978 and has 132,000 members.

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... the financial advice sector and ensuring that Australians can get access to affordable and high-quality advice," she said. Labor MP Daniel Mulino ultimately supports the new legislation but said it should have passed sooner than three years after the ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... the US dollar index was little changed to 93.20 from 93.16. Not even when on the same day of the release, the US Bureau of Labor Statistics reported that remains on the up and up. The annual headline inflation rate increased to a 13-year high of 5.4% ...

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... and is aligned to the current treatment of other entities like NBN Co and Export Finance Australia. Within the report, the Labor Party raised several issues, namely that it logically follows that super funds could also see negative investment outcomes ...