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Showing 1351 - 1360 of 19405 results for "One"

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
The Council of Australian Life Insurers (CALI) is urging the federal government to take action on processing the second tranche of its Delivering Better Financial Outcomes (DBFO) package, saying any further delay could result in "generational impacts." ...

Medium-sized advice firms flourish: Research

KARREN VERGARA  |  THURSDAY, 24 OCT 2024
... most-popular platforms, FirstChoice, BT Panorama, and IOOF are the most widely used. The top three platforms are used by almost one third of all advisers.

Down but not out: Busting defined benefit myths

ANDREW MCKEAN  |  WEDNESDAY, 23 OCT 2024
... Meher Edibam. While most DB schemes are closed, they still manage approximately $462 billion in member benefits, across nearly one million member accounts, Edibam said at a media roundtable. Edibam added that most DB funds in Australia are large public ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... found the Pentagon spent US$14 trillion on the war in Afghanistan between 2001 and 2021, sparked by the September 11 attacks. One quarter to one third of contracts in recent years went to five major publicly listed companies: Lockheed Martin, Boeing ...

ASIC cans timeshare company AFSL

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... liquidation on 30 April 2021. An A Current Affair report in April interviewed victims who were stuck in Ultiqa contracts. One customer paid fees for 11 years and only used the service for two holidays. "The cost of those two holidays was a whopping $18,000 ...

IMF issues stark inflation warning for Australia

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... consumer price index expectations from 2.8% to 3.6%. In its World Economic Outcomes report, the IMF predicted Australia would be one of two advanced economies with headline inflation above 3% by the end of next year, along with Slovakia. Despite Australia's ...

Shifting retirement intentions require super rule change: ASFA

MATTHEW WAI  |  TUESDAY, 22 OCT 2024
... preservation age can't draw down on their super, and top up the same account," she said. "Being forced to have two or more accounts - one account to take money from and one to put money into - doesn't make sense with our modern, fluid approaches to retirement." ...

US better positioned to deliver strong returns: UniSuper

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
... is a bit skeptical," he said. "If China doesn't get serious about more stimulation, it could potentially be looking at one or two lost decades." In terms of how Australia's economy is faring, Pearce said that while the nation has avoided a recession ...

Praemium FUA up 33% to $60bn

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
Praemium has reported its funds and flows for the September quarter, with funds under administration growing 33% to $59.4 billion. In addition, quarterly net inflows came in at $139 million - this was a major improvement from the $414 million in outflows ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... punishment, penalty surcharges will be imposed up to the amount of short orders as well as criminal penalties of a minimum one year of imprisonment or a fine of more than three times and up to five times the avoided loss amount," the FSC said. In November ...