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Showing 1241 - 1250 of 5198 results for "SEEK"

ASIC takes Mercer Financial Advice to court

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
Mercer Financial Advice is being sued by ASIC over fee for no service conduct that continued after the Royal Commission and impacted members of both a corporate and government super fund. The regulator alleges that between July 2016 and June 2019 Mercer ...

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... work as intended, Nanayakkara said financial advice is key and Cameron agrees, saying Equip will aim to encourage members to seek advice to ensure their personal circumstances are taken into consideration when devising a retirement income strategy. However ...

Ken Henry resigns from ASX board

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
... non-executive director Ken Henry, appointing Heather Smith in the role. Henry announced his retirement, stating he will not seek re-election when his term expires at the 2022 annual general meeting. He has served on the board since February 2013 and ...

Super funds are ready for RIC: Data

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
Super fund leaders are confident they're ready for the fast-approaching Retirement Income Covenant (RIC) deadline. According to research conducted by CoreData, Australian super funds are ready to publish the retirement income strategies needed to ...

OMERS acquires model tower company

CASSANDRA BALDINI  |  THURSDAY, 23 JUN 2022
OMERS Infrastructure has announced it has signed an agreement to acquire independent telecommunication tower company Stilmark. The transaction will be the pension fund's second Australian tower investment in the last two months. In May OMERS announced ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
Minutes from the Reserve Bank of Australia's June board meeting revealed a risk of persistently high inflation as employees demanded a rise in wages to combat living costs. The minutes stipulated that should expectations of higher inflation become ...

Insurers to get new advocacy body

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
Australia's life insurance industry will soon have a new peak body, the Council of Australian Life Insurers (CALI). Expected to launch later this year, CALI is the brainchild of a collective of life insurers who believe it is now time for the sector ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
From January 2023 first home buyers in New South Wales will have the option of paying stamp duty or an annual land tax under proposed reforms. The plan, announced in the 2022-23 NSW budget, will see first home buyers purchasing a home up to the value ...

BTC Markets gains ASFL

CHLOE WALKER  |  TUESDAY, 21 JUN 2022
Melbourne-based BTC Markets has become Australia's first crypto exchange to successfully go through the full AFSL application process, via sister company BTCM Payments. BTC Markets said the AFSL will enable it to further bridge the crypto and traditional ...

MLC Life chief executive to depart

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... said. Commenting on his appointment, Griffin said: "I am honoured to have the opportunity to lead MLC Life Insurance as we seek to achieve our ambition of becoming Australia's leading and most trusted life insurer." "With the continued backing of our ...