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Showing 2231 - 2240 of 6134 results for "Australians"

Ask and you shall receive

ELIZA BAVIN  |  MONDAY, 26 OCT 2020
... with funds taking around 3.3 days to make payments after receiving the application from the ATO. Over 3.3 million Australians have now accesses the scheme, 1.3 million of which have accessed it twice taking advantage of the second tranche when the new ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... in the best interests of ASIC and its vital purpose to build a fair, honest and efficient financial system for all Australians." Labor MP Andrew Leigh asked what the rationale was behind Shipton stepping aside but not Crennan. Crennan responded that ...

AustralianSuper ratings slide at Morningstar

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
AustralianSuper is the latest casualty in Morningstar's ratings rejig, as three options with nearly 86% of its total $180 billion slide to the lowest analyst rating of "bronze". The superannuation fund's $135 billion balanced option, $13.5 billion high ...

Calls to axe TPB for financial advisers

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... regulator. These are the core changes that need to be made to increase the accessibility of financial advice to more Australians." His views are in line with those of the Financial Planning Association of Australia (FPA). FPA chief executive Dante De ...

Super advice firm buys robo-adviser

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... a number of services such as intra-fund advice for superannuation members and Retirement Essentials which assists Australians applying for the age pension. The acquisition will broaden its offering as Clover allows low-cost entry for the many Australians ...

Robo-advice a complement, not disruptor: Six Park

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... the whitepaper, Investment Trends research director Recep III Peker noted there are currently more than 2.6 million Australians actively looking for an adviser but there isn't the supply, which is where digital advice could come in to create efficiencies ...

AustralianSuper backs cobalt miner

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
The industry fund was a cornerstone investor in an ASX-listed mining stock's $45 million equity raise. AustralianSuper invested $18.5 million in Jervois Mining, representing nearly 40% of the total raise. It bought at 20.5 cents per JRV share, which ...

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... remains highly disciplined in balancing its risk and return objectives as it invests on behalf of future generations of Australians," Costello said. "This prudent approach has delivered strong long-term returns and remains the cornerstone of all investment ...

Cost of advice soars as red tape grows

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... their clients are paying an unreasonably high price for it," De Gori said. The FPA found that, when asked, 41% of Australians said they wanted to get financial advice. "Many of them won't proceed because of the cost or the complexity of getting that ...

Retail super fund scores best customer service nod

KARREN VERGARA  |  FRIDAY, 16 OCT 2020
A retail superannuation fund has taken the top spot in a comprehensive member satisfaction and experience survey, bumping off AustralianSuper from the top. Colonial First State has regained the top spot in the Forrester Research's 2020 Australia ...