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Showing 281 - 290 of 2994 results for "Problem"

Regulation, funding inhibits digital advice: Report

KARREN VERGARA  |  MONDAY, 22 MAY 2023
Several key risks are inhibiting digital advice providers from operating with confidence, a new report finds, one of which is the red tape that is preventing them from moving successfully forward. AMP's Digital financial advice market scan, together ...

Super fund blunder likely down to bad data: Podcast

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... has tax implications on contributions, but I think real people out there know or care about that. So, you do have that problem as a starting point," he said. "You've got members with different names that are inconsistently inputted into forms, whether ...

Liverpool Partners invests in AI

CHLOE WALKER  |  TUESDAY, 16 MAY 2023
The Sydney-based private equity investor has acquired a majority stake in Australian hyper-automation and artificial intelligence consulting firm Simplyai. As part of the deal, former Seven Group Holdings group chief operating officer and Accenture ...

Packer donates $7m to mental health research

CHLOE WALKER  |  TUESDAY, 16 MAY 2023
The gift will accelerate mental health research and establish the James Packer Chair in Mood Disorders at the University of New South Wales (UNSW). The gift, jointly funded by Packer and The Packer Family Foundation, will see the professorial chair ...

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
... are not complying, we expect strong transparent action from the funds and regulators. "It's important we fix this problem across the super system and getting funds to sort out intra-fund consolidation is the first step." QMV Legal managing partner ...

High super balance tax needs work: Podcast

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
In a new podcast, HLB Mann Judd wealth management partner Michael Hutton says the plan to double concessional tax rates on super balances over $3 million has many pain points. Speaking with Financial Standard, Hutton said he is not a fan of the proposal ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
ASIC has further staged the implementation timeframe for internal dispute resolution data reporting. In total, 8600 financial firms will report their customer complaints data for the first time under the framework. The first group to do so comprised ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... laissez-faire when it comes to government support in bringing down inflation, he added. "You can't solve a cost of living problem that's generating higher inflation by pushing more money into the economy; that simply puts upward pressure on demand ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
JPMorgan Chase, PNC Financial Services Group, and Citizens Financial Group are said to be among those to toss their name in the ring to take over the embattled First Republic Bank. US regulators are rushing to sell First Republic and prevent yet another ...

LongView launches shared equity fund

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... co-founder and executive chair Evan Thornley told Financial Standard that shared equity helps solve a "crushing social problem whereby Australia has third of a generation who don't have access to the Bank of Mum and Dad and are in an impossible position ...