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Showing 251 - 260 of 4058 results for "PAI"

Coalition's super on PPL plan 'deeply worrying'

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
The Coalition has confirmed that it plans to make paying superannuation on Commonwealth Paid Parental Leav e (PPL) optional for working mothers, as a $158 million budget saving measure. The Coalition's election costings revealed several cost-saving ...

Finfluencer failed to disclose paid promotions, says regulator

JAMIE WILLIAMSON  |  WEDNESDAY, 30 APR 2025
Days after research from the Ontario regulator found those who make financial decisions based on finfluencers' recommendations are 12 times more likely to be scammed, a Canadian finfluencer was busted for failing to disclose sponsorship of content and ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
Defunct advice firm Equiti Financial Services, since renamed DOD Bookkeeping, which has been placed into liquidation, has been slammed with an $11.03 million penalty for providing "cookie cutter" advice and breaching conflicted remuneration laws. Equiti ...

Bravura chief exits: 'Right time to step aside'

ELIZA BAVIN  |  MONDAY, 28 APR 2025
Bravura chief executive Andrew Russell has decided to step down from his role, effective immediately, after leading the software solutions company through a turnaround. Russell joined Bravura in June 2023 in the role of managing director and chief executive. ...

ASIC loses Block Earner case

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
The Federal Court has vindicated Block Earner by overturning a decision that it needed an AFSL to offer its Earner product and dismissing ASIC's appeal to impose penalties on the digital asset platform. Justices O'Callaghan, Abraham and Button ...

Iress offloads QuantHouse

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
ASX-listed Iress is divesting its market data business QuantHouse for €17.5 million ($31.4m) at a 45% discount to what it acquired it for in 2019. BAHA Tech Holding AG is set to take over Iress' European market data and trading infrastructure ...

Warakirri adds kiwifruit aggregation to farmland fund

ANDREW MCKEAN  |  TUESDAY, 22 APR 2025
Warakirri Asset Management has added a 200-hectare aggregation of three orchards, mainly kiwifruit, with some nashi and corella pears as well as jujubes, to its farmland fund. The manager paid $33 million for the orchards in the Goulburn Valley region ...

DII drives life insurance disputes: APRA

KARREN VERGARA  |  THURSDAY, 17 APR 2025
Disability income insurance (DII) continues to be a bugbear for the life insurance industry and is the most highly disputed product among advised, non-advised and group insurance customers, APRA statistics show. In 2024, total DII disputes reached 1987 ...

Future Group positions super offerings for growth

JAMIE WILLIAMSON  |  FRIDAY, 11 APR 2025
As part of Future Group's broader plans to scale, Future Super and Verve Super are set to be merged into the Smart Future Trust, giving members of each a completely new menu of investment options for less. From May 23, the Future Super Fund, including ...

Paying more fees doesn't speed up superannuation death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
Paying higher superannuation fees doesn't equate to getting death benefits paid out faster, according to research by Super Consumers Australia (SCA). In the wake of a review by ASIC into death benefit claims handling practices of superannuation trustees ...