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Showing 1751 - 1760 of 19405 results for "One"

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
The Joint Associations Working Group (JAWG) says new laws that enable superannuation funds to deduct financial advice fees will have the opposite effect of reducing red tape and can make advice even more unaffordable. Treasury Laws Amendment (Delivering ...

Non-compete clauses come under the microscope

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... data from a new ABS survey of firms, developed in collaboration with e61, to examine the use of restraint clauses. "Roughly one-fifth of the Australian workforce are currently subject to a non-compete. No-poach agreements are even more widespread, with ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... dissatisfaction". Problematic or the lack of IDR processes are some of the most prevalent systemic issues AFCA deals with. In one example, a fund failed to handle complaints appropriately both at the IDR and external dispute resolution (EDR) level and ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... Securities. The six recruits will report to IAM's head of sales for capital markets Jenna Labib. The appointments come one year after IAM tried to buy a controlling stake in FIIG, the boutique bond investor. Joining from FIIG as capital market directors ...

L1 Capital joint MD takes leave of absence

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... 8.1% in the month of March, outpacing the index's 3.3%. Fifteen stocks contributed more than 0.4% to its returns, while one stock detracted more than 0.4%. Capstone, Teck, Qantas, and Cenovus were some of the best performers for the month. "In addition ...

Nest appoints interim chief executive

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
... scheme, established in 2008. It currently invests £39 billion ($74.8 billion) on behalf of its 13 million members, making it one of the UK's largest pension schemes.

GQG and Magellan see FUM growth

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
Both GQG Partners and Magellan Financial Group reported higher funds under management (FUM) today, but one has seen significantly more growth than the other. Magellan reported total FUM of $37.3 billion as at March 28, up from $37.2 billion on February ...

Treasury mulls transfer balance credit provision reforms

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... transfer balance may be unintentionally adversely impacted due to the original income stream being treated as ceasing and a new one beginning with the successor fund. As it stands, a new valuation of the capped defined benefit income stream would then ...

Count brings advice firm to network

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... business we wanted to partner with. That third-party endorsement really adds weight to the decision-making process," he said. "One particular Count adviser told us they had nothing negative to say about Count and joining was the best move they ever made ...

NZ Super Fund chief investment officer departs

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
The Guardians of NZ Superannuation Fund has confirmed the chief investment officer is departing just one week after it announced the appointment of a new chief executive. Chief investment officer Stephen Gilmore will leave the NZ Super Fund at the end ...