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Showing 3771 - 3780 of 28255 results for "NOT"

Super members want free advice: Survey

KARREN VERGARA  |  THURSDAY, 25 MAY 2023
... Some 85% of members earning $150,000 or more and those on $25,000 per annum are hungry for advice. "Turns out salary does not determine financial literacy with 42% of those earning $150,000 or more not knowing they can seek financial advice from their ...

Former fund manager director convicted

CHLOE WALKER  |  WEDNESDAY, 24 MAY 2023
... agreement' purporting to show that Global Merces had received a loan of $500,000. The loan agreement was a false document which had not been executed. Grofski arranged for the transfer of $500,000 of investor funds into the Global Merces operating account. ...

Macquarie terminates alternatives fund

CASSANDRA BALDINI  |  WEDNESDAY, 24 MAY 2023
... The investment manager said a strategic review determined the Macquarie Professional Series Global Alternatives Fund could not be managed in a cost-effective way without such increases. "The fund is currently small in scale and therefore, the expenses ...

Consulting triopoly dominates NFP super

JAMIE WILLIAMSON  |  WEDNESDAY, 24 MAY 2023
Australia's top three asset consultants dominate the not-for-profit superannuation sector, serving 84% of the market. According to Rainmaker Information, JANA, Frontier and Willis Towers Watson (WTW) now control 84% of the advised NFP superannuation ...

Could the anti-woke movement come to Australia?

ROSE MARY PETRASS  |  WEDNESDAY, 24 MAY 2023
... recent conference, industry leaders delivered a stark warning to Australian companies and government to ensure that workers are not left behind in a just transition to net zero - or risk the kind of political polarisation and populism that has given ...

Experience pathway could create two adviser tiers

KARREN VERGARA  |  TUESDAY, 23 MAY 2023
... creates deeper consumer confusion, he said. The differences between these two providers in the exposure draft legislation are not immediately clear, Macdonald said, and will have to be explained. "There's also the risk that people will think 'experienced' ...

David Lane to leave Perpetual

CASSANDRA BALDINI  |  TUESDAY, 23 MAY 2023
David Lane has revoked his decision to lead the firm's US asset management business due to personal and family reasons. In November, Perpetual revealed notional changes to its executive committee ahead of its Pendal Group acquisition, which has ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
... obligations. In October 2022, the Full Federal Court found that a complaint relating to superannuation that involved MetLife did not fall within AFCA's jurisdiction as it did not fit within one of the categories under subsection 1053(1) of the Corporations ...

Blackwattle Investment Partners debuts

CHLOE WALKER  |  TUESDAY, 23 MAY 2023
... together." Blackwattle Investment Partners describes itself as a proudly Australian "new generation fund manager" with "an offer not yet seen before."

FAAA sounds alarm on no-consultation super reform

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
... of the Performance Test. "It is disappointing that, as the leading association for the financial advice profession, we have not been directly consulted with, despite this matter having a substantial impact upon our members," Abood said. She further pointed ...