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Showing 1441 - 1450 of 11017 results for "Account"

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... said. The report suggests insurers prioritise affluent and mass-affluent consumers who hold about 39% of global wealth and account for about 20% of the ageing population. Someone categorised as "affluent" has between US$250,000 and US$1 million of investable ...

Payday super a seismic change for the industry: ART

CHLOE WALKER  |  THURSDAY, 19 OCT 2023
Following the release of the payday super consultation paper last week, Australian Retirement Trust (ART) head of employer, platforms and partnerships Mat Gilroy says industry players will need to focus on digital integration moving forward. Speaking ...

HUB24 launches investment options

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
... the first time ever advisers will have access to a guaranteed income for life which sits within a client's super fund account or account-based pension". "By collaborating with Allianz Retire+ to launch AGILE on HUB24, we're making available a market-leading ...

ANZ breached disclosure laws in 2015 raise: Court

CHLOE WALKER  |  MONDAY, 16 OCT 2023
The banking giant will likely face a hefty fine after the Federal Court found it breached continuous disclosure laws in 2015. The Court found that ANZ contravened continuous disclosure laws by failing to tell the market that underwriters had filled ...

Best and worst ETFs of past 12 months

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
Stockspot has identified technology ETFs as the standout investment over the past 12 months. The Global X FANG+ ETF and the Global X Semiconductor ETF (SEMI) topped its rankings with gains of 56.1% and 55.5%, respectively. These returns are largely ...

I can only apologise: PwC boss

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
... committed that after a period of time, we will get an independent review done, so that you can be certain you can hold me to account around those recommendations and whether we've acted on." However, Peacock refuted his remarks and said the firm's ...

Future Super switches up service providers

JAMIE WILLIAMSON  |  TUESDAY, 10 OCT 2023
... dollar-based administration fee to members with low balances. From November 1, Future Super members with less than $6000 in their account will be charged a flat annual fee of $60. Previously, this fee has been waived. However, the fund explained that ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... and non-bank lending. Small but growing market share According to the Reserve Bank of Australia (RBA), non-bank lenders account for 5% of the financial system's total assets, issued in equal parts by registered financial corporations (RFCs) and managed ...

Vale Tony Bongiorno

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
Tony Bongiorno, a veteran of the financial advice industry and founding partner of the Bongiorno Group, passed away on October 6. Bongiorno helped establish the Melbourne-based group, which specialises in providing financial advice to medical professionals ...

BBY chief charged with aiding and abetting fraud

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... "The financial advantage was obtaining additional funding by way of improperly drawing down on an overdraft facilitation account which BBY held with St George Bank which BBY was not entitled to," ASIC said. Fiona Mae Bilton, who was BBY's head of ...