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Showing 2001 - 2010 of 9740 results for "Major"

Industry fund reduces fees

KARREN VERGARA  |  MONDAY, 31 AUG 2020
A $1.7 billion superannuation fund is cutting some of its fees as of 1 October 2020. The majority of Christian Super's 28,000 members will benefit from asset allocation changes, lower fees paid to investment managers, and reduced indirect costs ...

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... bowing to industry funds. A war of words broke out in the upper house yesterday when Liberals, who have been working for major retirement savings reforms, launched an attack against Labor. Queensland LNP senator Gerard Rennick accused Labor of propelling ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
The long-run rise in household indebtedness has increased concerns about the risks this poses globally to banking sectors and economies more broadly, according to the Reserve Bank of Australia. In a new paper titled How Risky is Australian Household ...

ASIC drops CBA investigation

ALLY SELBY  |  THURSDAY, 27 AUG 2020
Commonwealth Bank has announced the corporate watchdog will not be taking any action against the bank nor its directors over a money laundering and counter-terrorism scandal identified by AUSTRAC three years ago. In an ASX announcement, CBA told investors ...

Facebook, Google face crypto class action

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
Sydney-based law firm JPB Liberty has filed a class action against Facebook and Google for the losses suffered by Australian cryptocurrency providers after their bans on cryptocurrency advertising. JPB Liberty is seeking damages for the losses the cryptocurrency ...

AFA to host virtual conference

JAMIE WILLIAMSON  |  WEDNESDAY, 26 AUG 2020
... services and financial technology Jane Hume, a life insurance chief executives panel and a licensee leaders panel. "As the major event on the AFA calendar, the AFA Conference is an integral part of our vision for a brighter future. This year represents ...

Clients value advice during pandemic

KARREN VERGARA  |  TUESDAY, 25 AUG 2020
Many advised clients are sticking with their financial planners as COVID-19 tests the resilience of practices, according to Investment Trends. The latest study from the research house surveyed nearly 700 financial advisers in May at the height of the ...

Cashwerkz to launch funds incubator

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... business was now operating smoothly, ahead of schedule. All initial hires have been made, while technology agreements with major global suppliers are "in force", he said. Cashwerkz now includes Cashwerkz Technology, Bond Income and Fund Income as its ...

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
... again... in Australia, in New Zealand, in Japan, in South Korea, in Vietnam, in Europe, to name a few. According to Factset: "Major Eurozone nations have seen infection rates return to levels not seen since the spring. France recorded the highest number ...

COVID-19 dampens CFO outlook

KARREN VERGARA  |  MONDAY, 24 AUG 2020
The global pandemic has left the majority of chief financial officers feeling pessimistic about the financial profitability of their companies, a new Deloitte survey finds. But many see a silver lining amid the doom and gloom. More than half (58%) of ...