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Showing 3661 - 3670 of 19414 results for "One"

Dismal pass rate for latest CFA exam

ELIZABETH MCARTHUR  |  MONDAY, 2 AUG 2021
The Chartered Financial Analyst (CFA) level one exam results for May 2021 saw a paltry pass rate of just 25%. This was the lowest pass rate ever recorded. In February 2021, 44% of level one candidates passed the exam. In the first half of 2019, 41% ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... target band. The trimmed mean annual CPI inflation measure accelerated to 1.6% in the June quarter from 1.1% in the previous one. The weighted median CPI inflation sped up to 1.7% from 1.3%. The advance estimate of US GDP growth and the Fed's July ...

GigSuper eyes $1.5m raise

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... GigSuper plans on using two main avenues for marketing and distribution: partnerships and digital marketing. "Referrals are one thing but there is education that needs to be delivered. One of the ways for us to deliver that is to work with people that ...

IFM blames "unfounded" class action for Tandem worries

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... Australian Financial Review reported Tandem was placed into administration over $400 million in sham contracting claims, as one of its subsidiaries also faced an underpayment class action from Shine Lawyers initiated in late 2018. On July 29, IFM said ...

Super, ASIC beneficiaries of advice challenges: Hearing

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs. Appearing before the Standing Committee on Economics on Thursday ...

AFCA weeds out phony complaints

ELIZABETH MCARTHUR  |  FRIDAY, 30 JUL 2021
... compounded by paid representatives who put "unreasonable pressure" on AFCA members. Financial Standard previously reported on one such service, Remediator, which charges consumers to file complaints for them and access remediation they are entitled to. ...

Tidswell agrees it contravened Corps Act

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... function of encouraging the worker to open a MobiSuper Fund account, transfer funds held in the existing funds and to take out one or more policies of MobiSuper Fund insurance. The court said -- and ASIC and Tidswell agreed -- that Tidswell did not take ...

IOOF advice outflows soar

ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... for future growth, including the enhanced ability to attract new FUMA though our extended scale and reach." IOOF expects a one-off non-cash impairment charge of $200 million, subject to final audit, for the full year ended 30 June 2021 relating to goodwill ...

Industry fund tops superannuation satisfaction survey

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
An industry fund took the top spot in Roy Morgan's latest superannuation satisfaction report. HESTA was named the winner for the six months ending June 2021, toppling Catholic Super which won the last round to January 2021. "Our focus on putting members ...

Superhero launches super offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
The trading platform has launched a superannuation fund, which will allow members to choose their own investments at a stock-by-stock level. Superhero says Superhero Super will allow Australians total transparency and control over their super investments ...