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Showing 2701 - 2710 of 28255 results for "NOT"

Inflation spooks retirees more than healthcare costs

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... exacerbated by too many retirees facing higher-than-expected healthcare costs (85%) while over half (56%) believing they have not saved enough. Schroders head of US defined contribution Deb Boyden said whether it's a trip to the petrol station, grocery ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
ASIC commissioner Simone Constant says the regulator's new report on exorbitant advice fee deductions is not a criticism of advisers, rather of trustees failing basic obligations, with more still needing to be done by the reviewed funds some 12 ...

AFCA finds more Dixon Advisory victims

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... timing for that membership to end." "We also urgently, again, call upon the government to review the funding model of the CSLR. Not only is it completely unfair, but it is also economically impossible for the small business financial advice sector to ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... inquiry, it has been made clear to the Committee that having a secure retirement depends heavily on your home ownership status, not your super balance," Bragg said. "We looked at existing and proposed super for housing policies to determine what can ...

Frontier grows consulting, governance teams

ELIZABETH FRY  |  FRIDAY, 10 MAY 2024
Frontier Advisors has announced four new appointments, hiring from Aviva, Zenith, Cooper Investments and Motley Fool. Firstly, Daniel Manser will join Frontier's client consulting team, working with investors across all client segments. Manser joins ...

ASIC slams funds' serious deficiencies over advice fee charges

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... advice fee deductions by superannuation trustees, with some allowing charges of up to $20,000 before raising concerns and some not conducting any checks of advice documents at all. ASIC is calling on trustees to do more to protect members from "unscrupulous ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... most critical third-party service providers - as well as their most critical fourth-party service providers. "An insurer may not be directly responsible for its website going offline when a network gateway fails, but it will be responsible for the outcome ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
Morningstar has maintained its fair value estimate of $26 per share for Perpetual stock, even after KKR confirmed it will buy its wealth management and corporate trust businesses yesterday. Morningstar analyst Shaun Ler said KKR's proposed acquisition ...

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... wait even longer to buy. SMC chief executive Misha Schubert said a growing body of expert evidence showed the policy would not lift home ownership rates but would only make housing affordability worse while eroding retirement savings and leaving all ...

Betashares launches Australian Major Bank Subordinated Debt ETF

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
Betashares has introduced the Australian Major Bank Subordinated Debt ETF (ASX: BSUB) on the ASX. This ETF offers exposure to a portfolio of Tier 2 floating rate subordinated bonds issued by the Australian big four banks. To be eligible for inclusion ...