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Showing 251 - 260 of 2376 results for "Finding"

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... reviewed the country's largest super funds to check whether they had a retirement calculator and assess their usefulness, finding large differences in results despite using a consistent scenario - a 50-year-old woman earning an income of $55,000 with ...

ETFs preferred vehicles for Aussie, US advisers: Surveys

KARREN VERGARA  |  MONDAY, 30 SEP 2024
The low-cost features of exchange-traded funds (ETFs) continue to attract the glut of financial advisers both here and overseas as only a minority now shun the investment vehicles, new surveys find. The portion of advisers canvassed in VanEck's ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024
Vanguard will pay a $12.9 million fine after being found guilty of greenwashing earlier this year. It marks the largest penalty ever imposed by the Federal Court for such conduct. In March, the Federal Court found Vanguard misled investors via claims ...

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
... retired, and own their home outright. However, the cost, perceptions about the independence of advice, and the difficulty of finding an appropriate adviser who meets their needs remain as the main obstacles to receiving advice. "Australians need help ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... of creating a false or misleading appearance in the market. The panel slammed Macquarie's lax response to its concerns, finding that it "failed to appreciate the seriousness of its obligations" and "to act promptly and appropriately upon what were obvious ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... Further, the broad nature of some of the newer regulatory obligations, like DDO, has seen product issuers increasingly finding that to have a risk and compliance team is not enough; to be truly effective, they really require a product specialist on almost ...

BUSSQ board members removed

ANDREW MCKEAN  |  FRIDAY, 13 SEP 2024
BUSSQ board members Jacqui Collie and Michael Ravbar, both of whom are senior Construction, Forestry, and Maritime Employees Union (CFMEU) officials, have been replaced effective immediately. The administrator for the Queensland branch of the CFMEU ...

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
Only a handful of product issuers are monitoring consumer outcomes and product performance, while others are relying too much on consumers to self-certify they fit a target market, an ASIC review into compliance with design and distribution obligations ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
Close to half of those aged 18 to 39 are taking more action for their retirement in light of heightened cost-of-living pressures, a HESTA study reveals. These actions include salary sacrificing and using online calculators to keep track of their superannuation. ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
BUSSQ will challenge what it calls "unnecessary and potentially impractical" licence conditions imposed by APRA, which were sparked by allegations of serious misconduct within the CFMEU and concerns about its potential impact on the super fund. The ...