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Showing 361 - 370 of 2681 results for "Fair"

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
The wealth management industry has overwhelmingly welcomed the federal government's commitment to pay superannuation on the Commonwealth Paid Parental Leave scheme. The Albanese government has said, if it wins the next election, it will add superannuation ...

Canna Campbell slapped with $114k legal bill

KARREN VERGARA  |  MONDAY, 26 FEB 2024
A judge has ordered financial adviser Canna Campbell to pay $113,791.50 in legal costs after she was found guilty of trademark infringement. Justice Manousaridis in the Federal Circuit Court of Australia ordered Campbell, founder of SugarMamma TV and ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... life insurers to enter advice. "Banks [in particular], may feel that they've been burned on advice and may require a fair bit of certainty to entice them back into the advice space and we may see that take a little longer," she told a recent PritchittBland ...

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... latest shareholder letter. In his tribute, Buffet acknowledged Munger for guiding him to acquire wonderful businesses at fair prices rather than settling for fair business at wonderful prices, abandoning his previous approach inspired by Benjamin Graham. ...

Younger Aussies embracing SMSFs, guidance needed

CHLOE WALKER  |  WEDNESDAY, 21 FEB 2024
According to Class general manager, growth Jo Hurley, younger generations want more control over their retirement savings than ever before, and financial advisers need to cater to this demand. Addressing the crowd at the SMSF Association Conference ...

APRA proposes updated operational risk financial requirements

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
The Australian Prudential Regulation Authority (APRA) has proposed changes to operational risk financial requirements for registrable superannuation entities (RSE) licensees. The prudential regulators adjustments are designed to bolster the ability ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... emergencies (32%), putting members' interests first (25%), and reforming the tax settings to make them sustainable and fair (24%).

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... knowing exactly what it was doing but refusing to acknowledge that its employment practices amounted to wage theft until the Fair Work Ombudsman became involved. "This is one of the largest cases of wage theft yet detected in Australia and one which ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... superannuation industry to lift its game. At an industry event, Court said Australians have a right to expect efficient, honest, and fair treatment by their superannuation fund. However, recent surveillance and enforcement indicates that some superannuation ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
The banking giant was found to have engaged in unconscionable conduct in the interest rate swap case borne out of AustralianSuper and IFM Investors' acquisition of part of Ausgrid in 2016. In October 2016, Westpac engaged in pre-hedging of an interest ...