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Showing 121 - 130 of 337 results for "Reliance"

IMF predicts bleak Australian outlook

ELIZA BAVIN | WEDNESDAY, 16 OCT 2019

... generally, taking a toll on business confidence, investment decisions, and global trade," the report said. Australia's heavy reliance on China and the United States being a major cause for concern as the fund warns that with "a projected slowdown in ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR | TUESDAY, 15 OCT 2019

ASIC is calling time on the financial services industry's reliance on disclosure as the default consumer protection, saying it enables poor conduct and poor consumer outcomes. The regulator said disclosures have been assumed to inform consumers to make ...

Super debate too one dimensional: Rice Warner

HARRISON WORLEY | MONDAY, 26 AUG 2019

... years," the firm said. But according to its own research, the super industry is doing its job by reducing the nation's reliance on the Age Pension. "The cost of the Age Pension is expected to reduce from 2.6% of GDP to 2.1% by the end of the century. ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON | FRIDAY, 23 AUG 2019

... other market disruptions. We have consulted through the process as required." As a result, those practices with a heavy reliance on grandfathered commissions will be hardest hit by the buyback changes. "The government has legislated to bring an end to ...

Australians demand SG increase: ISA

HARRISON WORLEY | MONDAY, 29 JUL 2019

... comfortably off their super in retirement. The survey also found Australians are concerned about the prospect of greater reliance on the age pension as a result of not saving enough super, with 66% concerned by the costs of supporting more people through ...

Industry bodies react to APRA review

KARREN VERGARA | THURSDAY, 18 JUL 2019

... decades, against objectives set by the trustees, he explained. "Simplistic approaches to assessing member outcomes, such as reliance on league tables of short-term fund performance, reduce the efficacy of the superannuation system and go against the ...

Dealer group transitions to fee-based model

KARREN VERGARA | TUESDAY, 25 JUN 2019

... firms," he said. "This is an important milestone because, over time, the new fee model will remove the company's reliance on grandfathered rebates." Benbow did not disclose the details of the new fee-for-service arrangements but flagged that in the ...

LUCRF Super ups premiums for older members

KARREN VERGARA | THURSDAY, 13 JUN 2019

... generally less of an effect for other ages but varies widely," it said. "As a result of the changes, there is decreased reliance on young members subsidising older members, as young members are paying less and older members paying more." As part of the ...

Fee for no service on APRA and ASIC radar

KARREN VERGARA | WEDNESDAY, 10 APR 2019

... the best interests of members. They emphasised that "care needs to be taken to ensure that controls do not place undue reliance on assurances or attestations from financial advisers or other third parties given the potential personal conflict of interest ...

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN | TUESDAY, 2 APR 2019

... 2007. Australia's Federal Budget is still 46% reliant on individual taxpayers, which is more than double the 20% reliance on company taxes; 8% reliance on excise; and 7% reliance on asset sales, interest and dividends. As a result the government ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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