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Showing 2971 - 2980 of 28255 results for "NOT"

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... Shine Lawyers client Jarrod Lane has registered for the class action to demand accountability from his super fund. Lane did not earn an income for over three years between 2018-2021 but was charged for income protection insurance that he could never ...

VanEck failed to disclose influencer's role in ETF launch: SEC

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2024
... "well-known and controversial" influencer to promote the index in connection with the ETF's launch. While the SEC does not name the influencer, it does refer to the person as being "known for commenting on sports, investing, and other topics," and ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... retirement products, while 62% of these will seek this advice from a financial adviser. Briggs said that treasury should be careful not to default superannuation members into government-designed retirement products as 40% of participants voted against ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... with higher pay rates and bonuses at the expense of benefits like annual leave loading and overtime. The ruling was announced not long after Commonwealth Bank reported a half-year profit of $4.8 billion. The FSU played a key role in detecting wage theft ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... flexibility and ease in implementing advice strategies." "For example, by making applying a bucket strategy for retirees easier. Not having to set up multiple accounts also helps reduce administrative burden, such as effort in generating reports," he ...

GQG records US$10bn in inflows, eyes Abu Dhabi office

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
GQG Partners reported US$10 billion of net flows for the full year ending 2023, while announcing plans for an office in Abu Dhabi. The global boutique asset manager concluded the year with US$120.6 billion in funds under management (FUM), reflective ...

DASS compensation drags AFCA, lead decision published

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... aggressive" for their SMSF investments and that such advice was conflicted. Further, the document highlights that DASS had "not established that it prioritised the complainant's interests over its own." "The proportion of related entity investments compared ...

Head of property at Hostplus exits

ELIZABETH FRY  |  FRIDAY, 16 FEB 2024
... acquired several properties for UniSuper's $6.3 billion unlisted property portfolio. It is understood that Hostplus has not appointed a replacement for Deftereos.

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... million from 169 investors, including for the development of a product by Kradle Software. During this time, MacroLend has not held an AFSL. In courting investors, ASIC claims Hodgson told them Kradle Software held intangible assets of $1.02 billion ...

Investment Trends ranks top five platforms

ANDREW MCKEAN  |  THURSDAY, 15 FEB 2024
Investment Trends 2023 Platform Benchmarking Report has positioned HUB24 as the best full-function platform, narrowly outperforming Netwealth. In the report's analysis of platform developments aimed at supporting the provision of advice to clients ...