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Showing 101 - 110 of 1192 results for "Switch"

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
Data analysis reveals the Australian fund managers that generated the most fees last year. The rankings were derived from an analysis of Morningstar's database of fund managers, with annual fee revenue determined by a fund's size multiplied by the Total ...

UGC's AFCA membership to cease

KARREN VERGARA  |  MONDAY, 7 APR 2025
... clearly unsuitable; and the advice to invest elsewhere led to significant losses. "Let's say a client was advised to switch from an APRA-regulated superannuation fund to a self-managed super fund (SMSF) with most of the assets placed in a high-risk ...

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
... superannuation 'comparison'," Singh said. "These calls are typically from unlicensed representatives who persuade consumers to switch to an SMSF and invest in a specific product. While AFCA can't consider the actions of unlicensed entities, consumers ...

New gig for JP Morgan's AI guru

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
... at JP Morgan, the financial services giant. After a long career in quantitative research strategy, Hlavaty is making a switch to an internal technology role where he is tasked with harnessing the power of AI and data for the research team. "To do this ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
The 2025-26 Federal Budget revealed the Labor government's first deficit since taking power in 2022. Forecasts for the 2024-25 year were revised to show a $27.6 billion deficit, and forecasts show the deficit is expected to grow to $42.1 billion ...

Non-compete, restraint clauses to be outlawed

JAMIE WILLIAMSON  |  TUESDAY, 25 MAR 2025
... Treasury that found minimum wage workers were being sued by former employers or threatened with legal action if they tried to switch jobs. The government said eradicating such clauses could life the wages of workers by up to 4% or $2500 a year, based ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
The long-awaited Tranche 2 of the Delivering Better Financial Outcomes draft package has been released, switching Statements of Advice for Client Advice Records and clarifying what topics super funds can collectively charge for. However, some elements ...

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
... contribution side, include managing to a risk-return objective with liquidity and rebalancing requirements - with members able to switch between investment options. The last thing you want, he added, is for someone to leave on Thursday and end up with ...

Clean energy strategies a gateway to long-term growth

ANDREW MCKEAN  |  TUESDAY, 18 MAR 2025
Although fossil fuel investment has increased in the short term, all natural resources companies surveyed by Willis, a WTW business, have some form of a clean energy strategy. Willis' survey of 450 "senior decision markers" in energy and natural resources ...

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
... new, disengaged members were allocated to a high-performing fund, and provide a benchmark for existing members looking to switch. Every four years, this panel would re-assess applications from funds to make the shortlist," Grattan said. Turning to quick ...