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Showing 1251 - 1260 of 11015 results for "Account"

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... market. They will also increase investment in privately held assets," the report said. Additionally, Deloitte observed that account consolidation has been continuing at pace, driven by market and legislative forces, including funds and financial services ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
Industry funds will soon be home to more than 50% of all superannuation assets, as per Deloitte's Dynamics of the Australian Superannuation System report. Retail funds are anticipated to grow in the future, thanks to their existing scale, a wealthier ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... class actions are filed that seek to bring about changes in the law or conduct, or to hold businesses and government to account... We expect the trend of ever-expanding ESG class actions to keep pace with developments abroad," Allens said. "In Australia ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... retirement income strategy identified a cohort of members who may benefit from a lifetime income option supplementing an account-based pension and Age Pension. "A lifetime income option not only ensures members, and their partners, are able to have an ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... pointed out the trustee and receivers had "identified a change in assets on the group's balance sheet but had failed to account for a corresponding change in liabilities, which meant the net position had not changed and the assets in question were ...

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... ASIC. The second group of about 340 financial firms commenced their IDR reporting in August 2023. The first two groups account for the largest financial firms attached to over 60% of the consumer and small business complaints made. "The high level of ...

Advised investors spurring SMSF rebound

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
... the number of self-managed super funds (SMSFs) seeking financial advice. According to new research from AUSIEX, new SMSF account openings were driven by advised clients as the number of self-directed investors opening SMSF accounts declined. Perhaps ...

Court dismisses ASIC lawsuit against Finder

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
ASIC's action against Finder Wallet has fallen flat as the Federal Court rejected allegations it was spruiking a financial product related to cryptocurrency. Justice Markovic yesterday dismissed ASIC's case against Finder.com's Finder Wallet and its ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... Vincent said. "As part of this, we're aligning the risk profiles of our MySuper offerings for Super Savings and QSuper account holders. This means Super Savings account holders will have more of their money invested in growth assets for longer, which ...

Advisers flock to managed accounts, but are very selective

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... clients. "As expected, more advisers are using these structures for lower balance clients, with 40% of existing managed account advisers believing it's appropriate to hold the majority of assets in a managed account for clients with balances less than ...