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Showing 151 - 160 of 827 results for "Basic"

Regulators warn trustees of super advice fee obligations

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
... trustees to deduct advice fees (other than for intra-fund advice) from a MySuper product because it is a simple product with basic features. His view was that members who wish to obtain financial advice about their superannuation should pay for that ...

Millennials to reap super reform rewards

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... returns. "This is particularly true for those who withdrew their super early last year to deal with the pandemic and cover basic expenses, now is the time to start making up some lost ground by using these contributions to replenish their super and rebuild ...

AUSTRAC investigates NAB, JBWere

KARREN VERGARA  |  MONDAY, 7 JUN 2021
National Australia Bank and its subsidiaries, including JBWere, are allegedly failing their anti-money laundering and counter-terrorism financing obligations, according to AUSTRAC. The financial intelligence agency is investigating NAB's "potential ...

Former adviser hit with three-year ban

KARREN VERGARA  |  FRIDAY, 4 JUN 2021
... Australia. ASIC investigated Smith's conduct during his employment with the two licensees, finding he failed to do a number of basic procedural requirements. He began practicing as an adviser in 2010, working for other licensees. ASIC found Smith failed ...

Tempered positivity post-pandemic: Experts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
A panel of policy, research and economics experts at the Conference of Major Superannuation Funds offered their view of the COVID-19 recovery, revealing how the pandemic changed economies. AlphaBeta Australia managing director Amit Singh referred to ...

Retail funds take out MySuper performance

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
Retail superannuation funds, with the exception of one industry fund, led MySuper performance for the three years to March end, according to latest Rainmaker analysis. Virgin Money Lifestage Tracker 1973-1983 returned 9.3% over three years, followed ...

Crescent Finance launches real estate funds

KANIKA SOOD  |  MONDAY, 3 MAY 2021
... property's value. As such, it will be a maximum of 70% leverage," Crescent Finance managing director Sayd Farook said. "The basic approach to leverage here is that the income fund investors don't receive any capital gains on their investments. They will ...

AIA Australia partners with Your Wills

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... that is ensuring they have a Will to take care of everything after they are gone," Mu said. Your Wills charges $89.95 for a basic package. AIA Vitality members will receive a discount as a result of the partnership. Your Wills chief executive Aruna Wickremesinghe ...

Climate change worse than pandemic: UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
The chief executive of the UK's Pensions Regulator believes climate change will be more catastrophic to populations' way of life than the COVID-19 pandemic if no action is taken. The comments came as The Pensions Regulator chief executive Charles ...

Northern Trust AM's stellar year

KANIKA SOOD  |  MONDAY, 29 MAR 2021
Northern Trust Asset Management's local business swelled its client assets by 70% last year as it added four new institutional mandates. The business has been in Australia for about five years, and currently employs seven people with another hire ...