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Showing 171 - 180 of 10989 results for "Account"

Major super reforms cost members $670m in death benefits: ASFA

KARREN VERGARA  |  FRIDAY, 6 MAR 2026
... are inactive for 16 months. Under PMIF, default insurance cover was removed for members under 25 and for anyone with an account balance below $6000. ASFA estimated that five million individual accounts lost insurance cover as a result of this. ASFA chief ...

Morgan Stanley sheds 2500 global roles

KARREN VERGARA  |  FRIDAY, 6 MAR 2026
... reported overnight by the Wall Street Journal, roles from front office to the back office will be impacted. This will account for 3% of the global workforce, which comes to about 83,000. The Associated Press reported Morgan Stanley's job cuts would ...

Active ETFs drew unprecedented flows in 2025: Morningstar

RIDDHIMA TALWANI  |  THURSDAY, 5 MAR 2026
Active ETFs recorded unprecedented flows in the fourth quarter of 2025, amassing almost $3 billion in new money. For the full year the segment jumped to $7.8 billion, rising from $5 billion in 2024. Morningstar's review of the industry found flows into ...

GDP rise is 'good news that's actually bad news'

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
... majority of industries. Public and private demand each contributed 0.3 percentage points to GDP growth," ABS head of national account Grace Kim said. "GDP per capita increased for the fourth consecutive quarter and is now 0.9% higher than a year ago ...

Vanguard launches three new funds

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
... Burns said there is still high demand for US equities, and the role they play in portfolios. "We're taking that into account and our house view on markets has certainly got that narrative. When you look at Vanguard and what we launch, and how we ...

Financial services' gender pay gap improves at 21.4%

KARREN VERGARA  |  TUESDAY, 3 MAR 2026
The financial services sector has again improved its gender pay gap to reach 21.4%, the latest Workplace Gender Equality Agency (WGEA) study finds. Albeit a marginal improvement from last year's 22.2%, the gender pay gap for the sector still rides ...

MIS review ignores key issues: FAAA

KARREN VERGARA  |  TUESDAY, 3 MAR 2026
... as a whole; against the trustee of an SMSF in respect to conduct as trustee; and the management of a retirement savings account provider or insurer. "It is essential that AFCA Rule C1.5 is removed to better allow clients to make complaints against MISs," ...

Life insurer sanctioned for invalid access to customer information

MATTHEW WAI  |  TUESDAY, 3 MAR 2026
The Life Insurance Code Compliance Committee (Life CCC) has sanctioned a life insurer for collecting customers' medical information without valid medical authority for four years. According to the committee, the unnamed insurer collected medical information ...

MLC completes full Retirement Boost rollout for advisers

RIDDHIMA TALWANI  |  MONDAY, 2 MAR 2026
... their clients. The retirement income phase of MLC Retirement Boost can be used as a standalone solution or alongside an account-based pension. It is designed to deliver a tax-free retirement income for life, with investment flexibility and potential ...

ASX outlines upcoming plans to 'rebuild confidence'

MATTHEW WAI  |  MONDAY, 2 MAR 2026
The ASX submitted its Commitment Plan in response to the ASIC Inquiry Panel's Interim Report, outlining what it will focus on to transform and rebuild confidence to support its reset as Australia's critical market infrastructure. The submission is in ...