Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1191 - 1200 of 6733 results for "Review"

Treasury urged to consider housing in super objective

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... rates drop. Housing must be a central consideration of a successful retirement, it said, adding that the Retirement Income Review enforced the benefits of home ownership in retirement, saying the current retirement income system does not deliver for ...

ASIC warns super funds on member communication failure

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
... said. Poor member communication was highlighted as an area of improvement in the recently released Your Future, Your Super review outcomes. While the notification letter has encouraged many members to leave underperforming funds, technical language used ...

Pension fund ousts chief over US bank losses

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... look ahead and forcefully implement the necessary changes," Alecta acting chair Ingrid Bonde said. It said a strategic review of how it conducts equity management is now underway. Alecta first invested in Silicon Valley Bank in June 2019 and last invested ...

Vanguard cuts fee on bond ETF

KARREN VERGARA  |  TUESDAY, 11 APR 2023
A Vanguard fixed interest exchange-traded fund has reduced its management fees following a pricing review. The Vanguard Australian Fixed Interest Index ETF (VAF) reduced management costs from 0.15% per annum to 0.10% p.a. from April 6. Commenting on ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... and make a market in derivatives and foreign exchange contracts, targeting retail and wholesale clients. Part of ASIC's review looked at how Binance classified retail and wholesale clients. ASIC chair Joe Longo said it is "critically important that AFS ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... lump sum payment and just 0.1% took an annuity. "If drawdown reforms, including those recommended by the Quality of Advice Review, are implemented, by 2040 an additional two million retirees will have received retirement advice and will collectively ...

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... A new industry association founded by four digital advice providers has been initiated to support the Quality of Advice Review (QAR) proposed reforms and serve as a united voice before government. The founding members and representatives of the body ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... returns based on the investing decisions made by members. Further, he highlighted the importance of the Quality of Advice Review in ensuring that members receive informed advice from qualified and licensed advisors. "... if a member wants to make a decision ...

SG Hiscock commences abrdn fund changes

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... to the deal with SG Hiscock, abrdn is reducing fees on its Sustainable Emerging Opportunities Fund. Having conducted a review, abrdn has decided to cut management fees from 1.50% to 0.99%. The change is effective this month. The changes follow a series ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... MySuper products." Likewise, Super Consumers Australia (SCA) director Xavier O'Halloran praised the government's YFYS review for its plan to test some of the highest-free and worst-value super products. Millions of Australians currently invest ...