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Showing 2351 - 2360 of 18263 results for "Plan"

Future looking bright for advice: Survey

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
A new study from Dimensional Fund Advisors suggests the local advice industry is turning the corner, with high-performing firms in Australia and New Zealand reporting higher average revenue growth. Now in its 10th year, Dimensional's study looked at ...

Link Fund Solutions hit with further legal action

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
Link Fund Solutions is the subject of a new group action in England related to the now infamous Woodford fund failure. Law firm Leigh Day has served the action after it and another firm, Harcus Parker, had applications for a Group Litigation Order regarding ...

Diverger acquires cyber technology firm

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... choice they desire," Diverger said. Diverger chief executive Nathan Jacobsen said the acquisition aligns to the business' plan to expand its service offering. It also comes at a time when financial services businesses are looking to bolster their cyber ...

Job market strong despite looming recession: Study

CHLOE WALKER  |  MONDAY, 16 JAN 2023
... Three quarters of Australian employers intend to maintain or increase permanent headcount in 2023, and almost two-thirds plan to do the same with contract positions, new research shows. Conducted online in November 2022, the Robert Half study surveyed ...

Adviser who faked signatures sentenced in court

CHLOE WALKER  |  MONDAY, 16 JAN 2023
Former Adelaide-based financial adviser Tai Thanh Nguyen has pleaded guilty to two counts of falsifying company books. Nguyen was convicted on both counts and placed on recognisance in the sum of $1000 to be of good behaviour for two years. The former ...

Industry fund tops personal super tables

ANDREW MCKEAN  |  MONDAY, 16 JAN 2023
... p.a.) and CareSuper Personal - Balanced (0.8% p.a.) were the only options to record positive returns. ESSSuper Accumulation Plan - Growth (-0.2% p.a.), Hostplus Personal - Balanced (-0.3% p.a.), and HESTA Personal Super - Balanced Growth (-0.6% p.a.) ...

JPMorgan says fintech was a fraud, closes business

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2023
JPMorgan has shuttered the financial planning fintech it acquired in 2021 and is suing its founder, claiming most of its users were fake accounts created to inflate the business' value. In September 2021, JPMorgan Chase acquired Frank, a platform that ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... Biden said: "It all adds up to a real break for consumers, real breathing room for families and more proof that my economic plan is working." "We have more work to do, but we're on the right track." GSFM investment strategist Stephen Miller said last ...

Adviser population dropped 17% in 2022

JAMIE WILLIAMSON  |  FRIDAY, 13 JAN 2023
The number of financial advisers is now at its lowest in almost two decades, analysis shows. According to Rainmaker Information's breakdown of the ASIC Financial Adviser Register, a net 3250 (17.3%) financial advisers exited the sector last year ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... defined contribution system] attracts a lot of investment and has created lots of highly sophisticated products. But because plan participants are locked into whatever service providers are contracted for their plans, there is a deficit of competition ...