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Showing 331 - 340 of 1114 results for "Parent"

Accessing super cements inequality: Report

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
A new report has assessed the impact of COVID-19 on low-income earners in Australia, with findings illustrating harm caused by the early release of super program. The Brotherhood of St Lawrence Shocks and Safety Nets report found that financial wellbeing ...

Ironbark signs on Canadian manager

KANIKA SOOD  |  MONDAY, 24 MAY 2021
... market," he said. Fiera Infrastructure had assets under management and commitments of US$2.2 billion at April end. Its parent Fiera Capital Corporation has offices in over 12 cities and had C$172.9 billion in assets under management at March end. "Australia ...

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... clients' SMSFs. The bonuses applied to purchases arranged by Equiti Property, which is also a subsidiary of Equiti FS's parent company Equiti Group. The group also had a mortgage broking business Equiti Finance. ASIC alleges that the bonus payments influenced ...

Generational wealth gap continues to widen

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
The children of those in their 40s, 50s, and 60s are likely to be significantly worse off financially than their parents, with the intergenerational wealth gap only widening. Speaking at the Conference of Major Superannuation Funds, Taylor Fry principal ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
An Australian Institute of Superannuation Trustees policy expert has laid out just how much work super funds have ahead of them in dealing with the last two federal budgets. AIST head of advocacy Mel Birks updated the Conference of Major Superannuation ...

Aussies regret ERS withdrawals: AIST poll

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
Nearly seven in 10 Australians who dipped into their superannuation during COVID-19 are concerned the decision has made them less financially secure, according to a poll from the Australian Institute of Superannuation Trustees. AIST also says one in ...

Super funds slam budget's super gap measures

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
Superannuation funds welcomed the budget's move to dump the $450 threshold, but called out a lack of measures to close the super gap. Last night's budget included five key decisions on superannuation. These were abolishing the $450 per month ...

Somers acquires 15% stake in Aura Group

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
... Somers has taken a stake in Aura Group. The strategic minority stake of 15% will allow Aura to collaborate with Somers parent company ICM and leverage a global network of 10 offices and investment specialists in utility and infrastructure, financial ...

No early super release for DV survivors

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
Among several other initiatives aimed at boosting women's economic security, the government has confirmed it will not proceed with plans to extend the early release of superannuation to family and domestic violence survivors. Scrapping the plan will ...

New India fund eyes HNWs

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
A new fund focusing on five key thematics across publicly listed companies in India will launch to high-net-worth investors. India Avenue Investment Management will launch India 2030 in the third quarter of this year, a high conviction, actively managed ...