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Showing 1381 - 1390 of 12781 results for "Change"

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... million worth of assets to the British Virgin Islands. Mawhinney pointed out the trustee and receivers had "identified a change in assets on the group's balance sheet but had failed to account for a corresponding change in liabilities, which meant ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
The Greens will propose changes to the government's Paid Parental Leave Bill (PPL) to ensure that superannuation is paid on PPL from July 1 this year. Earlier this month, the government announced that the PPL scheme will include superannuation guarantee ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
The total number of superannuation funds in Australia will halve over the next decade, says Mercer. In its inaugural Shaping Super report, Mercer predicts the number of super funds in Australia will decline by another 30% over the next five years and ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... also have a higher risk of negative returns in any given year. "Because super is a long-term investment, we believe this change is in the best financial interests of our MySuper members," it said. "Under the updated strategy, we'll invest 100% of ...

Selfwealth expands leadership team

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... Street. Keary described him as a "seasoned technology leader", and said he "has built and led technology teams and multiple change programs to deliver new technology solutions for customers, streamline operational capabilities and improve bottom line ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
... institutions was as large as 67.5%. It also said sexual harassment and bullying remains rampant, describing the lack of change as "shocking". About 45% of workers in the industry have encountered sexual harassment in the workplace. It also appears to ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... has been advocating for the initiative for several years. COBA chief executive Mike Lawrence said significant regulatory change will continue as the risk environment becomes more complex and dynamic. "The introduction of a regulatory grid means better ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
The final report from the government's Aged Care Taskforce suggests the amount paid by Australians accessing care should be determined by their personal wealth, including superannuation, rejecting the idea of an aged care levy. On the back of the ...

Hamilton Lane debunks private market myths

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... investment trailed behind non-sustainable the aughts and early teens, but the last five or six years have seen that trend change meaningfully," the report said. According to the report, deal-level returns - particularly relevant given 39% of sustainable ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
The government is seeking feedback on alternative superannuation performance test designs after criticism about unintended investment consequences. In considering potential reform options, the primary focus is on improving member outcomes through an ...