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Showing 1161 - 1170 of 7376 results for "Consumer"

Alphinity hires from Citi

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
... trading. Willcocks' appointment increased Alphinity's global portfolio managers to five after Mary Manning (who covers consumer discretionary and communication services) and Trent Masters (technology) joined the business last year. Jeff Thomson, who ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... "On this recommendation we note that ASIC and Treasury already invest a considerable amount in financial literacy and consumer awareness work, including through Moneysmart. However, we are reviewing the financial literacy material in light of the committee's ...

CDPP dumps ANZ cartel case

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... allegations arising from an ANZ institutional share placement in August 2015 worth $2.5 billion. The Australian Competition and Consumer Commission led the investigation and later referred it to the CDPP. ACCC chair Rod Sims said: "We respect the independent ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
In a long-awaited move, the government has scrapped the $450 superannuation guarantee threshold, making about 300,000 people eligible for super contributions. The bill to remove the monthly income threshold was passed in Parliament yesterday, alongside ...

Advisers can step up to retirement planning boom

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
With the passing of the Retirement Income Covenant, there has never been a better time for advisers to position themselves as retirement advice specialists. This is according to SuperEd chair Jeremy Duffield, who predicts that retirement planning will ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
Two long-awaited reforms, the Retirement Income Covenant and Corporate Collective Investment Vehicle regime, passed parliament yesterday. Superannuation funds will have to provide a retirement income strategy for members to assist them in their later ...

AFA responds to Quality of Advice Review

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
The Association of Financial Advisers hopes that the upcoming industry review will listen to the voices of clients and overhaul the advice process. In its submission to the draft terms of reference for the Quality of Advice Review, the AFA is calling ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
... superannuation balances between men and women as they approach retirement," ASFA chief executive Martin Fahy. "A recent consumer survey undertaken by ASFA found more than 80% of respondents believe the government should take measures to boost the super ...

RI Advice slapped with $6m penalty

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
RI Advice was slapped with a $6 million penalty for failing to keep tabs on a representative who invested clients' money in risky and complex financial products. The Federal Court found that RI Advice failed to take the appropriate steps to ensure ...

FPA calls for stronger experience pathway

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... in 10 years' time. "While experience is an important factor in competence to provide a professional service to a consumer, education is also universally identified as a key component of professional competence," she said. "We cannot return to the ...