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Showing 111 - 120 of 2303 results for "Enough"

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... funds which return profit to members and do not pay external shareholders," Scheerlink stated. But "low fees aren't enough; funds must also deliver a competitive net return." Scheerlink is concerned that although MySuper products with "significantly ...

Target market determinations have improved: ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
... define the TMD for such loans," the report said. This is because a TMD based only on a broad objective won't be specific enough to be consistent with the likely objectives, financial situation and needs of consumers. Moreover, lenders with broad product ...

Financially stressed Aussies believe advice could improve well-being

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
... said there are barriers to obtaining it. Among those surveyed who have never sought advice 39% don't feel like they have enough assets to justify the need, 36% said it's not knowing who to trust and 33% believe they can manage their own finances. Only ...

AustralianSuper botches major tech upgrade

ANDREW MCKEAN  |  TUESDAY, 29 NOV 2022
... "amateurish" and "incompetent." "No access, no phone connections, no information and no timeline to fix; just not good enough," one member said. "It's super and it's yours...but you can't access it. Two weeks since advised of the systems upgrade and ...

First Sentier names global responsible investment head

RACHEL ALEMBAKIS  |  FRIDAY, 25 NOV 2022
... marine microplastic pollution. "I think what has been rewarding in the last few years is picking topics that there isn't enough focus on and trying to dig in," she said. "There is a big focus on modern slavery and a lot of focus on modern slavery ...

AFA, FPA merger in best interests

CASSANDRA BALDINI, CHLOE WALKER  |  THURSDAY, 24 NOV 2022
... country is such a compelling reason as to why this merger should happen," he said, adding that this alone should be reason enough. However, a secondary benefit is scale, Sharpe explained. "Scale to provide bigger events like the FPA Congress, scale to ...

Advisers must register for FSCP: ASIC

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
... will take place through the ASIC Connect portal and will be opened in the second quarter of next year to give licensees enough time to ensure advisers are signed up. "I think the other distinction from registration versus the existing function for authorised ...

No big surprises, Levy promises

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... there are 16,000 of you. With luck and the benefit of these recommendations, there will be more, but you will never be enough to provide the advice that people need on a day-to-day basis," she said. As an example, she said she considers calling a general ...

Property trusts hit with stop orders

CHLOE WALKER  |  TUESDAY, 22 NOV 2022
... appropriateness requirement under the design and distribution obligations (DDO) because these conditions were not specific enough to make it likely for the trusts to reach consumers in the target market. Lastly, ASIC said that the TMDs did not adequately ...

Super is enabling private market democratisation: PGIM

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
... framework needs to be customisable, incorporate the unique liquidity needs of their fund, and be sufficiently sophisticated enough to stress portfolios under a range of market and economic conditions and situations." Pertinently, as p reviously reported ...