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Showing 121 - 130 of 5499 results for "Australians"

Best and worst performing ETFs revealed

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
... more investors turning to ETFs to diversify their asset allocation, we are seeing the beginning of the shift in how Australians build wealth." Hodge said the ETF boom would likely continue and become a cornerstone of wealth-building strategies. "It's ...

TAL changes underwriting limits

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... performance, portfolio management, and underwriting Liesje Jansen van Rensburg said the changes make it faster and easier for Australians to access cover with simplified underwriting. "We're using data and insights combined with expertise from TAL's ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
ASIC is seeking a major $27 million penalty against AustralianSuper in the Federal Court. ASIC alleges that, for almost 10 years, AustralianSuper failed to have adequate policies and procedures to identify members who held multiple AustralianSuper accounts ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... million threshold to Consumer Price Index (CPI) and this lack of indexation will disproportionately impact younger Australians," Tink argued. "For the Australian super system to work, it's important people have confidence in the reliability and consistency ...

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... Heine said. "It is a great addition to our business and provides a simple entry point to financial education for many Australians who often do not know where to begin their journey. "As part of the intergenerational transfer of wealth across Australia ...

AustralianSuper updates deceased members' investments

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
AustralianSuper has changed the way it invests deceased members' funds and refreshed the investment objectives for two options. As of October 1, AustralianSuper is moving account balances to the cash option after it is notified of a deceased member's ...

Australia's best-performing super fund says no to crypto

ANDREW MCKEAN  |  FRIDAY, 4 OCT 2024
... ruled out the idea of adding crypto to its investment portfolio. Despite its popularity, with nearly five million Australians owning crypto, CFS chief investment officer Jonathan Armitage believes it lacks the right characteristics to be included in ...

AustralianSuper expands US footprint, names executives

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
Among the flurry of senior appointments, AustralianSuper named the lead for its Americas unit who is joined by a new head of fund services hailing from BlackRock. The $342 billion super fund promoted Mikaël Limpalaër as the head of Americas, having ...

'Alarming' figure in retirement research

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
Only a third (32%) of Australians believe they would be able to save for their retirement without compulsory superannuation, according to a new survey from AustralianSuper. A third of Millennials (33%) and Gen X'ers (32%), as well as nearly one-in-five ...

ANZ, OnePath settle $50m class action

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... benefit to members. Slater and Gordon practice group leader Kirsten Morrison said the firm was pleased that thousands of Australians would now be eligible for compensation. "It also demonstrates the importance of the class action regime, which has enabled ...