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Showing 261 - 270 of 935 results for "Incentive"

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... year. An additional $3.2 billion will go to back business investment by providing a time limited 15-month investment incentive (through to 30 June 2021) to support business investment and economic growth over the short term, by accelerating depreciation ...

Climate activism not translating to investing

ELIZA BAVIN  |  THURSDAY, 5 MAR 2020
Australia's care for climate change has not translated into how they invest their superannuation and other investment, according to research from Australian Ethical Investment. The research shows the vast majority of Australians (83%) believe climate ...

Regulator clamps down on misleading ESG fund names

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... (which is subject to the names rule)." The SEC noted that in an "increasingly competitive market" asset managers have an incentive to use fund names as a way of differentiating new funds. Based on data from the SEC's Electronic Data Gathering, Analysis ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
... independent directors (8 new directors), including the majority of the Board's chairs. The bank also implemented new incentive schemes for retail bankers, rewarding them for customer outcomes and eliminating product-based sales goals that led to the ...

AMP faces fresh class action

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
AMP is facing a fresh class action, as Shine Lawyers confirms it is investigating whether the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients. Shine Lawyers alleges the beleaguered firm failed ...

Push for more foreign investment

ELIZA BAVIN  |  FRIDAY, 7 FEB 2020
The Australian government is being urged to promote more foreign investment in Australia. Atlas Advisors is calling on the Australian government to recognise the long-term benefits of foreign investors for the economy by increasing incentives under ...

Future Fund chief to lead IFM Investors

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
David Neal is set to jump from leading the $168 billion Future Fund to heading IFM Investors after Brett Himbury's resignation last year. Neal has been at Future Fund since its inception, starting as the chief investment officer in 2007 and then ...

Viridian opens new offices

KANIKA SOOD  |  WEDNESDAY, 22 JAN 2020
In some pre-holiday spending, Viridian Advisory over 20 new offices in November, and is looking to launch a mobile app in 2020, says chief executive Glenn Calder. The new locations will house advisers that Viridian picked up last year when it acquired ...

Bank of Mum and Dad forking out serious dosh

ALLY SELBY  |  TUESDAY, 14 JAN 2020
More young Aussies are turning to their parents, the appropriately dubbed 'Bank of Mum and Dad', to help secure equity for a first home deposit, and financial advisers are split on the growing trend. For some, the lucky few, the money for the ...

Enforcement appetite is working: APRA

ELIZA BAVIN  |  MONDAY, 2 DEC 2019
The prudential regulator has told the House of Representatives Standing Committee on Economics that despite tough conditions it has shown an increased appetite to be "constructively tough". APRA chair Wayne Byres told the committee that broader enforcement ...