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Showing 11 - 20 of 1473 results for "Recommended"

DASS compensation drags AFCA, lead decision published

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... entity investments compared to non-related entity investments was excessive. Further the related entity investments recommended, such as the US Masters Residential Property Fund (URF), carried more risk than the complainant understood or needed. The ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... million excluding the family home, the coverage of population would drop to 5%. As part of these changes, the FSC also recommended a two-year transition period alongside grandfathering provisions for existing wholesale investors. These investors would ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... rate to 16% and increase the threshold for the 37% tax rate from $120,000 to $135,000 (see Figure 1 and 2). Under the recommended package, all taxpayers are promised a lower tax liability. Source: H&R Block Australia Treasury argued that the changes ...

Volatility an opportunity for skilled active managers: GSFM

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
... stressed that volatility accentuates the importance of diversification, which entails more than just stock selection. He recommended diversifying beta by seeking assets uncorrelated with bond and equity markets, suggesting long-short portfolios and macro ...

Standalone laws key to solving legislative 'porridge': ALRC

JAMIE WILLIAMSON  |  FRIDAY, 19 JAN 2024
... its final report on the 'confusing maze' of financial services laws, the Australian Law Reform Commission (ALRC) has recommended overhauling the Corporations Act and creating dedicated financial services legislation. The ALRC has been reviewing existing ...

Macquarie consortium bids for technology firm

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... construction sector. An independent bid committee, which was set up to assess the merits of the acquisition, has unanimously recommended that shareholders vote in favour the takeover. In reaching this conclusion the committee said that Byggfakta's ...

FSCP issues another registration prohibition order

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... the benefit comparison that was inappropriate. Ultimately, the panel found that the SMSF and investment products he recommended were not suitable to the client's circumstances as the likelihood of achieving the target returns were not sufficiently high ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
... and needs and in situations where the advice provider possesses restricted but pertinent information. The review had recommended the introduction of a 'good advice' duty. Super Consumers Australia said the fact the government hasn't pursued ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... said. "There is also a role for tools and technologies to support the personal advice provider." Lastly, the paper recommended being bold in reforming advice, which encompasses exploring the new legislative framework for financial advice. "This new home ...

Income investors to thrive in 2024: Report

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... to the report, selecting dividend-paying stocks carefully is essential while avoiding the risk of dividend cuts. It recommended financials, UK equities, and infrastructure as the areas that offer attractive dividends. Wacher said it's important to understand ...