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Showing 161 - 170 of 12135 results for "May"

Fund manager red flags founders' massive pay packages

KARREN VERGARA | THURSDAY, 19 MAR 2026

Spikes in remuneration among founders of ASX-listed companies are a red flag for one fund manager with nearly $9 billion in assets under management, actively pushing for fair and realistic pay structures. Speaking at this week's Australian Council of ...

Chalmers says Budget will make 'hard decisions'

ELIZA BAVIN | THURSDAY, 19 MAR 2026

Treasurer Jim Chalmers said the Federal Budget being handed down in May will make some "tough decisions" as the Australian economy faces uncertain times ahead. Chalmers said as the conflict in the Middle East continues, Treasury estimates inflation ...

FAAA urges inclusion of advisers on occupational shortage list

ELIZA BAVIN | THURSDAY, 19 MAR 2026

... 2025, while 700 to 1000 advisers retire annually. "Retiring adviser numbers will not be reflected in job vacancies as some may be sole traders/SMEs who shut their doors or sell their business to another financial adviser or firm - rather than their exit ...

First Super switches out group insurer

JAMIE WILLIAMSON | THURSDAY, 19 MAR 2026

... an insurance handling or administration fee will now be applied, so the actual dollar amount taken from members' accounts may not change. The fee will be equal to 4.67% of the total cost of insurance. "This change gives insured members greater visibility ...

Influx of data weighing on legacy systems

ELIZA BAVIN | WEDNESDAY, 18 MAR 2026

... there. So, if you want to run real time, you potentially can't, because some of those purposes which you're running may be batch based, and scalability has similar challenges," he said. "Last but not least, you can't really create any meaningful ...

Sequoia advances InterPrac takeover talks

KARREN VERGARA | WEDNESDAY, 18 MAR 2026

... retail licensee services operations is continuing. "Sequoia is considering a range of strategic options for InterPrac, which may include continued operation under revised arrangements, the transition of authorised representatives to alternative licensing ...

ASIC considers changes to net asset requirements

ELIZA BAVIN | WEDNESDAY, 18 MAR 2026

... considering three possible options for increasing the NTA requirement for new and existing responsible entities, adding it may decide to adopt one or a combination of the options. "Our proposed options range from increasing the NTA requirement in line ...

Another RBA hike in May 'not a done deal'

ELIZA BAVIN | WEDNESDAY, 18 MAR 2026

... Betashares chief economist David Bassanese said the board's differing views "suggests a rate hike at the next policy meeting in May is not a done deal." Bassanese added that it reflects the tensions associated with raising rates in the face of a global ...

'We've let our members down': Watson

ELIZA BAVIN | TUESDAY, 17 MAR 2026

... move away from using the term "members" and begin referring to them as "customers" instead. Watson said while the sentiment may be the same, a change in terminology won't actually address the underlying issues. "It's not a question of 'customer' or 'member' ...

Treasury proposes advice education standard reforms

KARREN VERGARA | TUESDAY, 17 MAR 2026

... appear to be situations, such as SMSFs with unallocated reserves, where members could pay tax on earnings from amounts they may not ultimately receive. This raises questions about how the rules align with member entitlements," he said. Meanwhile, the ...

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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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