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Showing 3861 - 3870 of 18263 results for "Plan"

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
With just 65 new names appearing on the ASIC Financial Adviser Register in 2020, the rapid decline in adviser numbers has industry experts calling for a wage subsidy to incentivise advice practices to take hire graduates. In its pre-Budget submission ...

Aussie super funds and Biden's US infra push

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
... opportunity [and there is] plenty to work with," he said. AustralianSuper and UniSuper, together with the Canada Pension Plan Investment Board, recently acquired a 50% stake in the Greater Washington Area Express Lanes. Another opportunity lays in decarbonising ...

Banks return $1.2bn for bad advice

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
Six of Australia's largest banks have paid or offered a total of $1.24 billion in compensation to customers, according to new ASIC figures. The funds have been returned to customers who suffered loss or detriment due to fees for no service misconduct ...

Age pension spending to rise: ISA

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... Income Review reveal ditching the increase would leave all income groups with lower lifetime disposable incomes," it said. "A plan to make the increases optional, forcing workers to pay for their own wage increase from their retirement savings, would ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... response and recovery support, including $25 billion under the COVID-19 Response Package and $74 billion under the JobMaker Plan". And just as Federal Treasurer Josh Frydenberg ruled out the possibility of extending the government's JobKeeper scheme ...

Ares backs out of AMP bid

ELIZA BAVIN  |  THURSDAY, 11 FEB 2021
... reshaping its advice network to a more compliant, professional and productive cohort having a number of practices exit to plan in FY20. Additionally, it said it has significantly simplified its New Zealand wealth management arm which has laid the foundations ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
"Oh Nikkei, you're so fine You're so fine you blow my mind, hey Nikkei..." My apologies to Toni Basil for re-wording the lyrics to her 1981 hit "Mickey", but anyone watching the rise and rise of the Nikkei-225 index will understand. The Japanese ...

Antares promotes on equities team

KANIKA SOOD  |  TUESDAY, 9 FEB 2021
... Andrew Hamilton, who stays on with Antares. "Winston [Chong] joined Antares Equities in November 2019 and it was always our plan that Winston would become the deputy pm and that Andrew Hamilton would continue to manage other products," a spokesperson ...

NEOS, ClearView lead satisfaction

ELIZABETH MCARTHUR  |  TUESDAY, 9 FEB 2021
New research from Investment Trends has measured how satisfied risk advisers are with their main life insurers across key service areas, NEOS Life and ClearView on top. It found that NEOS overtook ClearView to become the insurer advisers are most satisfied ...

ASIC suspends RE licence

KARREN VERGARA  |  MONDAY, 8 FEB 2021
... funds, it failed to lodge the report for 2017, 2018 and 2019. For the property trust, it failed to comply with the compliance plan in 2012. In 2019, ASIC issued a stop order for a PDS issued for the Investors Exchange Craft Brewery Investment #1, a class ...