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Showing 1311 - 1320 of 19405 results for "One"

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... essential that all young workers can have a fair start with super and can receive the benefit of compounding returns from day one of their working life. "A consistent approach to paying super on every dollar will help drive better engagement from a young ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
... that's known to Australia in the institutional market and has a desire to get into the retail market. And the retail market is one of the best growth markets in all of asset management when you speak to people around the world. So, there are lots ...

LGT Crestone takes over remainder of Commonwealth Bank's advice business

ANDREW MCKEAN  |  MONDAY, 11 NOV 2024
... personal advice services," he said. He added that CBA remains committed to positioning Commonwealth Private as the "number one" banking choice for high-net-worth clients in Australia through its investment in bespoke banking services. CBA has been exiting ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... funds have common issues in two categories: system errors and non-compliance with Protecting Your Super (PYS) legislation. In one example, a fund's system error resulted in a consumer loss due to a trade in which the system was not able to recognise ...

New PGIM chief executive named

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... products, and comprehensive solutions across a wide range of asset classes. I look forward to working with Jacques to lead one of the key growth engines of PFI." Speaking on the appointment, Chappuis said: "I'm proud to become PGIM's next president and ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... Iress" since entering the contract. ESSSuper has previously acknowledged that it has lost members as a result of the issues. One such issue occurred in the first year of the contract when Iress reported incorrect contributions to the ATO for the 2021-2022 ...

RBA seeks input on CBDC research project

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
... DFCRC commenced a pilot program to test the viability of the issuance of a CBDC in Australia. Throughout the program, "around one-third of the piloted use cases explored opportunities for a CBDC to enhance the operation of various types of asset market." ...

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... The bank proposed a final dividend of 83 cents per share, partially franked at 70%. ANZ said the result reflected several one-off events related to the acquisition of Suncorp Bank. In October, ANZ announced its profit was impacted by a new after-tax ...

Old, retired males more likely to use a financial adviser: VanEck

ANDREW MCKEAN  |  THURSDAY, 7 NOV 2024
... seeing investors use ETFs to access a broader range of asset classes and sectors," he said. "Gold and gold equities has seen one of the biggest upticks year-on-year according to our survey, with more than one in five Australian investors considering ...

ASIC chair defends Chairman's Lounge memberships

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2024
... went on to ask, given so many of ASIC's leadership team hold a membership, who "would be left" to investigate an issue if one were to arise with Qantas, presuming those with a membership would recuse themselves. "Some things have come up... I don't think ...