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Showing 3151 - 3160 of 28255 results for "NOT"

Industry needs better retirement advice blueprint: Expert

KARREN VERGARA  |  THURSDAY, 30 NOV 2023
... options available in the market. One of the main drivers behind the low take up of annuities in Australia is that they are not available on Approved Products List (APLs) - which limits advisers on what they can recommend to clients. "APLs are very powerful. ...

Iress upgrades earnings guidance, accelerates transformation

ANDREW MCKEAN  |  THURSDAY, 30 NOV 2023
Iress has upgraded its FY23 earnings guidance range from $118 million - $122 million to $123 million - $128 million, a result of its well-executed transformation strategy that stabilised revenues and tempered costs. The accelerated transformation has ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... "homegrown" services inflation driven by consumer demand," she noted. Mousina further warned that the monthly CPI data does not provide a comprehensive view of inflation compared to quarterly data. She said this is because the series is relatively recent ...

Former adviser convicted over false documents

CHLOE WALKER  |  THURSDAY, 30 NOV 2023
... circumstances of the clients, including details of their health and medical history. The incomplete disclosure put clients at risk of not being covered as it meant they had now met the duty of disclosure owed to the insurer. In 2017, the corporate regulator ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... members. During this period, the trustee deducted $3.8 million in adviser service fees from members, even though they did not receive such services. OnePath told members that they were obligated to pay a fee for advice from a plan adviser, even after ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... commitment to ethical investing, with both the Verve product and the Future Super product strictly adhering to a principle of not investing in fossil fuel companies," Future Group chief executive Simon Sheikh said. "This alignment makes Verve Super's ...

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... executors of his will and will be trustees of the charitable trust that will receive nearly all of his wealth. "They were not fully prepared for this awesome responsibility in 2006, but they are now," Buffett said. "In administering the testamentary ...

Vale Charlie Munger

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... Munger died peacefully at a hospital in California, where he lived. No cause of death was given. "Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom and participation," Buffett said in a statement. ...

BBY manager charged with aiding and abetting

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2023
... obligation to hold the money on trust. ASIC further alleged that in March 2015, Yuen authorised similar transfers that should not have taken place. Yuen instructed St George Bank to transfer $350,000 out of BBY's futures client segregated account and ...

Aussie fintech growth counteracted by local challenges: EY

CASSANDRA BALDINI  |  WEDNESDAY, 29 NOV 2023
... data, which disclosed capital requirements over the past 12 months. According to the survey, 41% of respondents said they had not met their capital raising expectations over the past year, a significant jump from 29% the year prior. Nevertheless, 45% ...