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Showing 161 - 170 of 1635 results for "Recommended"

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... removing the cap on using super for housing would push capital city house prices up by $75,000. The Committee also recommended that first home buyers who have used the proposed scheme to purchase a first home should be allowed to use the proceeds to ...

Perpetual seals $2.18bn deal with KKR, chief to retire

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
... the sale of its wealth management and corporate trust businesses offered "compelling value," and they unanimously recommended that shareholders approve the deal. "The Perpetual board agrees that a transaction with KKR represents compelling value for ...

Actuaries Institute proposes new performance test measure

ANDREW MCKEAN  |  TUESDAY, 23 APR 2024
... any gaming in trustees classifying different fee types to pass the performance test," it said. The submission also recommended continuing to assess super fund fees in the test but suggested raising the representative member to $100,000 for non-platform ...

Vanguard backs current performance test

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... the "differing nature" of choice members. Although not explicitly in scope for the performance test, Vanguard also recommended that the ATO YourSuper comparison tool should sort by fees, as it's "the only forward-looking measure" for consumers to compare ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
The Senate Economics Legislation Committee has recommended the passage of the Superannuation (Objective) Bill 2023, marking its likely enactment. The Committee urged Parliament to prioritise passing the bill in a report released last week because of ...

Two more executives leave Morningstar

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
... Macquarie's national research manager whose responsibilities included research and management of managed fund recommended lists for financial advisers and investment committee membership. Morningstar is still seeking to replace Peter Warnes, who ...

ASIC bans Queensland financial adviser

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... 2021 and January 2023, while an authorised representative and responsible manager of Octillion Partner Pty Ltd, Rose recommended six self-managed superannuation fund (SMSF) clients to invest their superannuation in a financial product. ASIC found that ...

Advisers flock to managed accounts, but are very selective

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... exposure. But advisers are picky when it comes to which managed accounts they select. In the past year, advisers have recommended, on a median basis, 19 managed account models from 25 available on their approved product lists. With approximately 1100 ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
... victims and push them out of their jobs while perpetrators go unpunished is particularly concerning. The report has recommended banning the use of NDAs in sexual harassment cases and suggests introducing stronger protections for whistleblowers in such ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... recommendations with the aim of not creating new or exacerbating existing intergenerational equity issues. It has therefore recommended older people make a co-contribution to the cost of their aged care based on their means, noting the superannuation ...