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Showing 261 - 270 of 1193 results for "Switch"

Office workers burnt out: Research

ELIZABETH MCARTHUR  |  FRIDAY, 10 SEP 2021
... said. "Unfortunately, the numbers also show that overwork is increasingly common. Some are finding it more challenging to switch off at the end of the day or are feeling emotionally and motivationally cut off while at work, Adecco observed that office ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
The Federal Court has found Colonial First State misled members of its FirstChoice Fund on at least 12,978 occasions over nearly two years in relation to switching to its MySuper product. The court found CFS's communication (via letters and calls) ...

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
Last year many superannuation funds revalued their unlisted assets during lockdowns. Now APRA says most of their policies were deficient. Super funds took different approaches to the revaluations. For example, at Cbus the board devalued unlisted assets ...

AustralianSuper to shutter property option

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... property option on September 10, with new member investments into it suspended from today. After September 10, the fund will switch members who don't switch themselves to its MySuper product. A spokesperson said the decision stems from "declining ...

How will members respond to the YFYS test results?

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
Queensland University of Technology senior lecturer Elisabeth Sinnewe says some members may be lulled into a bad choice about superannuation when they read the performance test results. Sinnewe discussed the behavioural aspects of consumer choices ...

Forrest pitches a green Fortescue to super funds

STAFF WRITER  |  WEDNESDAY, 1 SEP 2021
In his keynote address at the AIST's investment conference, Andrew Forrest said Fortescue is ready to go green by 2030 and it's the best opportunity for super funds to get exposure to green hydrogen. He said Fortescue will release its scope ...

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
All talk and still no taper (yet). Along with the declaration of "mission accomplished" in the planet's war against the COVID-19 pandemic, the Fed's annual Kansas City Fed's Jackson Hole symposium is the most widely anticipated event of ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
Ahead of the results of the inaugural Your Future, Your Super performance test, the chief executive of Maritime Super has aired concerns over the implications of communicating with members where their fund has underperformed, particularly where that ...

Westpac cops $10.5m fine

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
ASIC has ordered Westpac to pay a $10.5 million fine after the High Court's decision that found two Westpac subsidiaries provided unlicensed personal financial advice. Westpac Securities and BT Funds Management were found to have breached their ...

SelfWealth reports 135% revenue increase

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
In its full year results, trading platform SelfWealth reported revenue increased 135% driven by a 105% increase in active traders on the platform. The company also reported operating cash flow of $1.1 million, up from negative cash flow of $147,000 ...