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Showing 3281 - 3290 of 21764 results for "Dec"

Ignition Advice appoints Sally Loane as chair

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
The former Financial Services Council (FSC) chief executive succeeds Peter Meurer who is stepping down from the role after eight years. Loane is an experienced chair, non-executive director, and business leader. Aside from her tenure with the FSC between ...

SMSFs continue to fly solo

KARREN VERGARA  |  WEDNESDAY, 7 JUN 2023
Self-managed super fund trustees continue to shun the services of financial advisers despite the fact many concede they need expertise on regulation changes and investments. This is according to the latest Vanguard and Investment Trends 2023 SMSF Report ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
Inflation is a looming threat to retirement incomes, so it's no surprise financial advisers are rotating toward more dynamic strategies. According to a report penned by Challenger and Ensombl, inflation is fast becoming the number one threat to ...

Generation Life rolls out product enhancements

ANDREW MCKEAN  |  WEDNESDAY, 7 JUN 2023
Generation Life has unveiled the next generation of its LifeIncome offering, introducing a new tool for financial advisers. LifeIncome was launched last year on the GBST cloud-based wealth administration platform, Composer. Responding to feedback from ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
The Reserve Bank of Australia (RBA) has hiked rates by another 25 basis points to bring the official cash rate to 4.1%. Many experts fear that Australia is teetering on the edge of a recession and that the latest decision by the nation's central bank ...

ASIC bans former Madison adviser

CASSANDRA BALDINI  |  TUESDAY, 6 JUN 2023
Brisbane-based financial adviser Stephen Vick received the ban for recommending his clients roll over their existing superannuation to a newly established self-managed superannuation fund (SMSF) and borrow to invest in residential property. The regulator's ...

Advisers outsourcing to amplify investment capabilities: Mason Stevens

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
A Mason Stevens whitepaper says that financial advisers are increasingly embracing outsourcing of their investment capability. Mason Stevens said the main economics of outsourcing are the time freed up for the adviser to nurture client relationships ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
The Senate Economics Legislation Committee has urged the government to review laws that would impact franked dividends funded by capital raisings. In February, the government tabled the Treasury Laws Amendment (2023 Measures No.1) Bill 2023 which among ...

ASIC chair calls out greenhushing

RACHEL ALEMBAKIS  |  TUESDAY, 6 JUN 2023
Greenhushing - in which companies stop all voluntary disclosure of ESG information - is just another form of greenwashing, according to ASIC chair Joe Longo. In a public speech, Longo provided additional context to the market regulator's focus on ESG ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
The Securities and Exchange Commission is suing the world's largest crypto exchange and its chief executive Changpeng Zhao for allegedly lying to regulators and mishandling billions of investor dollars. Binance Holdings, BAM Trading Services, BAM Management ...