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Showing 121 - 130 of 842 results for "Basic"

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... efficiency gains, constructing a strategy paper for a new client now takes four hours. Two years ago, it took 5.6 hours. A basic Statement of Advice (SoA) for a new client took 8.1 hours but now takes 6.7 hours. For complex new clients, an adviser spent ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... clauses in their Enterprise Agreements. Suncorp's incorrect application of particular clauses has led to underpayment of basic employee entitlements and a large back-payment bill," Parker said. The Enterprise Agreement dictates that Suncorp must make ...

Advice practice valuations rise: Radar Results

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... new policy. Birt typically enlists lawyers to help with this process. Transfer of assets take about three to four weeks. A basic AFSL that covers retail financial advice, superannuation, risk, and negative gearing currently has a market value of $20,000. ...

Advisers outsourcing to amplify investment capabilities: Mason Stevens

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... outsourcing key aspects of the process." Interestingly, the global trend of outsourcing investment capabilities extends from basic asset allocation and portfolio construction to the outsourcing of the chief investment officer function. The whitepaper ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... impact of the current rate of inflation, on the modern award for light employees, especially the low paid, to meet their basic financial needs," he said. "We have also had regard to the need to avoid entrenching high inflation expectations by taking ...

Super funds must prioritise member experience: Consultant

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... "Members are getting smarter and more savvy; they expect to be served more effectively - every time. They are graduating from basic service agreements to data-driven solutions that are personalised, relevant, integrated, easy-to-use, and secure," he ...

Labor strengthens economic equality initiatives

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... eligible single parents, of whom around 91.1% are women, will transition to Parenting Payment (Single) with the current basic rate of $922.10 per fortnight until their youngest child turns 14. This is an extra $176.90 per fortnight compared to the current ...

HESTA revamps insurance offering

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
... roles. "These changes help ensure that the cover continues to be sustainable, so we can continue to offer members access to a basic level of protection for the times they need it most..." HESTA said. The fund is also introducing changes to several of ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... demise was down to poor management, regulation error and its own oversight. "SVB's senior leadership failed to manage basic interest rate and liquidity risk. Its board of directors failed to oversee senior leadership and hold them accountable," it ...

We sit at a watershed moment: Paton

CHLOE WALKER  |  THURSDAY, 30 MAR 2023
... the bad news of further increases to interest rates. "Increasing interest rates to slow the economy and cool inflation is basic Economics 101." However, he said, a disconnect has now emerged, as interest rates have increased and economic growth has slowed ...