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Showing 2581 - 2590 of 9740 results for "Major"

Major instos hit with cartel class action

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
Maurice Blackburn today filed a class action in the Federal Court suing UBS, Barclays, Citibank, Royal Bank of Scotland and JP Morgan. The class action alleges the banks colluded to rig foreign exchange rates during a period between January 2008 and ...

Natixis backs gender diversity

HARRISON WORLEY  |  FRIDAY, 24 MAY 2019
... experience programs. "Women are still woefully under-represented in financial services in Australia, so it's great to have major players encouraging the next generation of young women," Love said. "Experience tells us that women working in teams to solve ...

Super stability not guaranteed: Rice Warner

HARRISON WORLEY  |  FRIDAY, 24 MAY 2019
... provide members with the guidance they need as they approach retirement, it added. However the system is flawed, with two major problems remaining unaddressed "despite the plethora of superannuation inquiries imposed on the industry". "The financial ...

Hard times ahead for platforms

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
... independent platforms, retail super outflows and administration fee cuts. "As the foundations of vertical integration give way, major platforms are shedding FUA at an increasing rate as advisers turn to more contemporary and independent platform offerings," ...

Members ignorant about super fund differences: Research

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
... retail funds underperform profit-to- member funds on average; Are highly engaged with their funds (61%); Believe all of the major super funds charge the same amount of fees (31%); and Emphasise the importance of their account balance is increasing over ...

Super fund proxy voting behaviour revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 MAY 2019
A new report from the Australasian Centre for Corporate Responsibility (ACCR) reveals just 11 of the 50 largest superannuation funds disclose complete proxy voting records. ACCR reviewed the disclosures of Australia's super funds' proxy voting ...

Spaceship searches for new chief

KARREN VERGARA  |  TUESDAY, 21 MAY 2019
Startup superannuation fund Spaceship is shaking up its management structure and is on the hunt for a new chief. Chief executive and co-founder Paul Bennetts will become chief product officer, a new role that was created as part of the super fund's ...

Fintech no real threat: Researcher

ELIZABETH MCARTHUR  |  TUESDAY, 21 MAY 2019
... that do not require the liquidity and scale of a bank's balance sheet, such as payment services." He went on to explain the major incumbents have already responded to the threat posed by fintechs by pursuing technology development. "The smaller banks ...

Chief economist update: Fairy tales can come true

BENJAMIN ONG  |  MONDAY, 20 MAY 2019
I believe in miracles Where you from You sexy thing, sexy thing you Australian Prime Minister Scott Morrison was delivered a miracle when the Liberal/National Coalition won the Australian Federal election - and look set to form a majority government ...

Australians demand unpaid super laws: Poll

KARREN VERGARA  |  MONDAY, 20 MAY 2019
... significantly over-represented among those underpaid. In the lead up to the Federal election, it was disappointing is that major parties turned a blind eye to the fact that nearly three million Australians have super entitlements stolen every year, Dean ...