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Showing 151 - 160 of 4424 results for "Poor"

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
Employers who fail to pay superannuation contributions within seven days of paying wages will face harsh penalties under the government's new Payday Super laws. Releasing its proposed framework today, the government outlined further details it plans ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... June last year when the share price was above $1 per share. The share price as of writing is $0.45 per share. Despite the poor performance, WAM Leaders will stick to its defensively positioned portfolio, betting that the sharemarket is too confident ...

Growing super balances show more work to be done: ASFA

MATTHEW WAI  |  MONDAY, 16 SEP 2024
... doesn't matter. Changes like those proposed put paid parental leave on a lower level than all other forms of leave and sends a poor message - if you take time out of the workforce to raise a child, you will be left behind in retirement." Despite ongoing ...

HESTA lowers insurance fees

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... Cash exposure will increase from 5% to 7%, while global debt will rise from 17% to 19%. The Sustainable Growth option's "poor financial practices" exclusion will soon cease. This is when a listed company that receives a corporate behaviour score ...

SMSFA, Deakin University launch courses for advisers

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... This can be for advisers who still need to complete an ethics course or another subject to meet requirements, or are time poor and seek a practical, succinct, and structured solution, he said. AccountantsIQ, which provides education, support, and training ...

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... analytics, among others. And despite having previously warned against relying on questionnaires, ASIC found many issuers using poor quality consumer questionnaires to determine whether an investor falls within the target market. While it didn't identify ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
Australians are being cheated out of $5.1 billion annually in superannuation, according to an analysis from the Super Members Council. SMC modelling showed that nearly three million people were denied $5.1 billion in superannuation entitlements in just ...

ANZ hit with $250m capital penalty

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... trading data to the Australian Office of Financial Management (AOFM) in 2022-23, and that action has been taken in response to poor behaviour by employees in its markets business. The regulator acknowledged that ANZ has launched investigations into the ...

FAAA to work with Treasury on CSLR

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
The Financial Advice Association Australia (FAAA) said it has met with minister for financial services Stephen Jones to raise key concerns regarding the Compensation Scheme of Last Resort (CSLR). FAAA chief executive Sarah Abood and chair David Sharpe ...

Future Group joins campaign to ban gambling ads

MICHELLE BALTAZAR  |  WEDNESDAY, 14 AUG 2024
... that many of their advice clients back the campaign. "There is a strong correlation between gambling, domestic violence and poor mental health, and gambling advertising can only exacerbate the problems," he said. "We believe that gambling advertising ...