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Showing 321 - 330 of 3169 results for "Times"

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
... creation of the fund is made possible "using some of the windfall corporate tax receipts" the government has enjoyed in recent times, he said. Last year, Ireland raised close to €23 billion in corporation tax - up almost 200% in five years, largely ...

Platform fees, poor resourcing a red flag for regulator

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... activities." She said firms' resources should be "commensurate to the scale and nature of [your] business operations at all times." Combined, platforms in the UK are home to about $1.5 trillion of assets on behalf of 8.2 million customers.

FEAL appoints NGS Super chief to board

CASSANDRA BALDINI  |  FRIDAY, 29 SEP 2023
... distressing period was instrumental in not only securing FEAL's financial position but allowing us to better adapt to uncertain times," he said. "Jo's contribution to the board and the broader super industry has been commendable, and we thank her for ...

PwC chief executives hold too much power: Review

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... overshadowed and occurred at the expense of the firm's values and purpose." He said the focus on "whatever it takes" at times contributed to integrity failures. "Some partners did the wrong thing, while others failed to do the right thing by overlooking ...

Australia's wealth gap deepens: Report

CHLOE WALKER  |  WEDNESDAY, 27 SEP 2023
... those with the least has blown out over the past two decades, with the average wealth of the highest 20% growing at four times the rate of the lowest, new research suggests. A new report by the Australian Council of Social Service (ACOSS) and the University ...

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... Vanguard's MySuper product charges just 0.58%, being the lowest cost, while the most expensive charges almost three times that at 1.5%. "Betashares' proven record of success as a market leading disruptor bodes well for the impact it will now ...

Qantas Super confirms merger plans

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... default fund for Holden employees. Meantime, Australian Retirement Trust has taken on several corporate funds in recent times, including Alcoa of Australia Retirement Plan, Commonwealth Bank Group Super, and Oracle Superannuation Plan.

Advisers boost client portfolios 5.9%

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... how advisers help clients achieve life-long goals and celebrate personal milestones, as well as help them in challenging times such as trauma, illness, financial crises, job loss, and death. The 1.2% value add to asset allocation as an example, could ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... from 7.4% in July, but still 0.3% below expectations. "The MPC's remit is clear that the inflation target applies at all times, reflecting the primacy of price stability in the UK monetary policy framework," a monetary policy summary said. "The framework ...

NAB to pay $2.1m for knowingly overcharging customers

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
... overcharging of fees after learning of the issue, occurred between January 2017 and July 2018. It occurred on close to 75,000 times and totalled $139,845 taken from 2888 personal accounts and 513 business accounts. The actual issue began in 2001 and ...