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Showing 111 - 120 of 2946 results for %22Choice%22

OnePath fined over MySuper bungle

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2023
... today by APRA. The infringements relate to 125 default member contributions being incorrectly attributed to the member's Choice rather than MySuper account." "OnePath Custodians is committed to continuing to uplift its governance, compliance and risk ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... said. "With each superfluous rule, the cost of providing advice has increased. And consumer outcomes have not improved." CHOICE was pleased with how the government omitted large institutions from providing advice for the meantime. "The recommendations ...

Coinbase sued as US crackdown continues

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
The Securities and Exchange Commission (SEC) filed a suit against Coinbase for, among other things, allowing users to trade unregistered securities. It follows Binance being sued just yesterday. The SEC has accused Coinbase of breaking market rules ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... this slowdown to be apparent in work on the ground, and the wider economy," he said. As for mortgage holders, Mortgage Choice figures show that most borrowers were sticking to variable rates throughout the year. This trend continued in May. "Mortgage ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... small and family-owned businesses who pay minimum and award wages," he said. "The Fair Work Commission has made a dangerous choice to chase after the supply-side inflation shock that we are experiencing. An arbitrary increase of this magnitude consigns ...

Fractional farmland investing platform launches

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... the option to sell some or all of the property and receive capital through the sale of fractionated Bricklets, with the choice to stay and operate in accordance with a management agreement." Just like shares in a company, buyers of LAWD Bricklets do ...

No regrets: Hayne reflects on Royal Commission

KARREN VERGARA  |  TUESDAY, 30 MAY 2023
... make any independent assessment of fitness for purpose and cannot make any useful price comparison, the customer makes the choice to accept or reject what is offered according only to whether the customer trusts and often the customer does that by reference ...

Lazard implements new leadership

CHLOE WALKER  |  MONDAY, 29 MAY 2023
... Orszag served as the director of the office of management and budget in the Obama Administration. "Peter is the optimal choice as the next chief executive of Lazard," Lazard lead independent director Richard D. Parsons said. "Over his career spanning ...

Mercer Super to take on corporate fund

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
... there are broader, less tangible benefits that are equally important, such as enhanced education, engagement, expanded choice and an improved member experience, all of which add value to members." Previously, HESF told members: "The trustee believes ...

FAAA sounds alarm on no-consultation super reform

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
... Statements didn't address the consequences of this reform on financial advisers, who play a significant role in recommending Choice superannuation products. FAAA general manager of transformation Phil Anderson shared similar apprehensions, particularly ...