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

Search Results

Showing 111 - 120 of 7925 results for "Data"

SMSF Association blasts 'highly questionable' ASFA research

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
... has ripped apart the Association of Superannuation Funds of Australia's (ASFA) assertion, which is based on ATO sample data, that less than 1% of SMSFs with balances over $3 million have farm-related income. The government has proposed an additional ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
Almost nine months on from a cyber breach that saw member data taken, the $14 billion super fund will have to contend with additional licence conditions as it looks to remedy "significant deficiencies" in its cyber controls. As first reported by Financial ...

Women still underrepresented in asset management roles: FSC

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
... assessed 4.82 million employees, the remuneration gender gap trended down 1.1% year on year, the largest drop since it collated data in 2014. On paychecks, it means that for every $1 men earn in Australia, women earn 78 cents on average. What is encouraging ...

APRA flags premium volatility in superannuation group life insurance

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... lifted the lid on the key sustainability challenges of group life insurance in superannuation, notably premium volatility and data availability. At the end of 2022, APRA conducted a survey involving RSE licensees, life insurers, and reinsurers, assessing ...

Nomura offshoot fined by ASIC disciplinary panel

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... off-market; disclose all necessary information to its clients about its crossing system; and accurately report regulatory data about the execution venue of trades. Instinet operated a crossing system, or 'Dark Pool', called BLX Australia (BLX crossing ...

Advice firms must scale up to meet demand: AZ NGA

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
... reaching the 12.4 million Australians in need of professional advice but are still awaiting assistance. The paper drew on ASIC data that shows 41% of Australians intend to get personal financial advice in the future, but only around 12% currently do. ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... Evans said while the RBA rate hold was expected, the governor's statement was more dovish than many had envisaged. "The RBA's data dependency remains a stock response for the sake of policy optionality, but conditionalities around the statement err the ...

Ultra-low fees define basic ETPs

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... the most expensive, with total costs ranging from 0.14% to 0.4% and an asset-weighted cost of 0.22%. Meanwhile, net flow data for the 12 months leading up to September 2023 revealed a strong investor preference for basic Australian equities ETPs, which ...

Superhero Super swallows Smartsave, overhauls offerings

KARREN VERGARA  |  TUESDAY, 5 DEC 2023
... preservation age, are still working, and the Retirement Account, for members who have met a condition of release. Rainmaker data shows that Superhero Super had $142.8 million in assets under management at the end of June. Smartsave's Employer Super ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... encounter in gaining better insights into their members. The paper explained that many trustees are reluctant to collect too much data from members directly due to concerns they may inadvertently be providing personal financial advice. In addition, it ...