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Showing 111 - 120 of 5802 results for "Money"

'Our patience is running thin': ASIC

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... expects funds to communicate proactively and transparently with members, be accountable and deal responsibly with their money and deliver value and services to consistently meet fair standards," she said. "Transparency, accountability, consistency: where ...

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... a dangerous precedent within our taxation system. The taxation of unrealised capital gains means people will be taxed on money they may never see," Tink said. "This is deeply problematic and must be addressed. The lack of indexation on the large balance ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... third-party payments are made on commercial terms, aimed at maximising value for members. "We don't waste members' money on sponsoring sporting teams or on TV advertising. We are a boots on the ground fund, that chooses to provide services to ...

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... super funds should consider using technology such as multi-factor authentication to reduce the risk that members might lost money from their super accounts through scams and other fraud. Gray said AFCA was aware of an instance where a person known to ...

Pandemic-era savings to dry up: CBA

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... increases the incentive for households to preserve buffers built up in offset and redraw facilities." Aird said the increase in money going into offset and redraw facilities was a positive dynamic for financial stability. "It means that many households ...

UK regulators propose framework for workplace pension schemes

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
UK regulators have proposed rules for a new 'Value for Money' framework for default workplace defined contribution pension schemes, which has been likened to an "evolved version" of the APRA performance test. The joint framework, developed by the Financial ...

Asset management brand power a 'critical differentiator': ISS

ANDREW MCKEAN  |  THURSDAY, 8 AUG 2024
... with asset managers, ISS determined that advisers not only need to trust the firms they're willing to let manage client money, but rely on strong brands to guide their decision-making in a commodified market. Trust was rated as "extremely important" ...

'Unrealistic overconfidence' major issue for new advice clients

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... prospects into clients". The report found that motivation, ease, and context are three key drivers in defining 'value for money' for new clients. The research found 71% of people considering advice want an adviser they can trust. It found prospective ...

Court rejects former fund manager's appeal

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
... time with a non-parole period of 15 months after pleading guilty to the fraud charges relating to misappropriating investor money in the TradeStation Futures Trading Fund between March 2013 and April 2014. Munro took nearly $300,000 from three investors ...

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... "That's because rents, mortgage repayments, stamp duties and rates would all rise - and people would lose a mountain of money from their super at retirement. "It would make life harder financially for young Australians - especially those renting ...