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Showing 91 - 100 of 4237 results for %22Poor%22

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... balances could afford to pay the additional tax, she points out many small business owners and farmers are asset-rich but cash-poor.

Portfolio resistance is key: VanEck

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
Investors will likely benefit from considering newer levers to evolve their portfolios, including more defensive strategies while being selective, and look to Future Fund for inspiration. In an address on Tuesday, VanEck's head of investments and capital ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... super and who arguably could afford to pay the additional tax. But many small businesspeople and farmers are asset-rich, cash-poor, where their business has been their whole life," she said. "They have simply relied upon and trusted the super system ...

ASX chief churn increases: Analyst

CASSANDRA BALDINI  |  MONDAY, 27 MAR 2023
... Vincent English suddenly resigned, sending shares down 14%. "Departures can be a warning sign of underlying issues such as poor financial performance or internal conflicts - and can lead to uncertainty and instability, which can negatively impact investor ...

Advice industry must change as population ages: Expert

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... explained, this way of engaging and advising won't work amid the ageing population. "Most people's financial literacy is poor; they don't naturally think about financial calculations. And also what matters to them is time budgeting. What ...

Still work to be done on group insurance: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2023
... improvements; and more have made changes to communications in response to complaints analysis. It also cited unclear explanations and poor disclosures from funds on key matters, like the use of the ADL definition or implications of occupational categories ...

Wealth managers bracing for compensation claims

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
... wealth managers fear they will face compensation claims over their advice and particularly worrying that it will focus on a poor understanding of client risk profiles," she explained. "We would urge them to act now and get ahead of any changes in reg ...

First Super awards ESG mandate

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2023
... billion on behalf of 47,000 members. By prioritising companies with sound labour practices and screening out companies with poor records, the portfolio seeks to generate long-term returns while managing social factors risk. This bespoke strategy is designed ...

ASIC issues more interim stop orders

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
Deficiencies in its target market determination (TMD) have seen interim stop orders placed on Interactive Brokers Australia. ASIC initiated the temporary suspension, valid for 21 days, to prohibit Interactive Brokers from offering, issuing, or giving ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... CSLR will promote trust in financial advice among consumers - by ensuring that if retail consumers have lost money due to poor advice, there is a compensation mechanism available," FPA chief executive Sarah Abood said. However, the legislation for the ...