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Showing 381 - 390 of 1892 results for "Determine"

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... contacted the largest industry and retail funds that currently hold contracts with PwC for audit and tax services to determine if they are reconsidering their contracts. It is worth noting that funds are undergoing their annual internal and external ...

Melissa Caddick declared dead by coroner

JAMIE WILLIAMSON  |  FRIDAY, 26 MAY 2023
The fraudster who purported to be a financial adviser to scam upwards of $23 million out of family and friends is likely dead, the inquest has found. That was the key finding delivered by the NSW Coroner yesterday, though the nature of her demise could ...

Super members want free advice: Survey

KARREN VERGARA  |  THURSDAY, 25 MAY 2023
... 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 superannuation ...

Former fund manager director convicted

CHLOE WALKER  |  WEDNESDAY, 24 MAY 2023
Holly Grofski, formerly of Global Merces Funds Management, has been convicted and sentenced to six months' imprisonment for falsifying documents and providing false information to an auditor. Grofski, whose financial services licence was cancelled by ...

Macquarie terminates alternatives fund

CASSANDRA BALDINI  |  WEDNESDAY, 24 MAY 2023
Macquarie decided to close the fund after identifying significant increases in management fees would need to be incurred by the investor to keep it running sustainably. The investment manager said a strategic review determined the Macquarie Professional ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
... consider certain complaints about insurance policies held inside superannuation which it would otherwise be able to determine," Treasury said. Treasury is proposing the law be changed so that a complaint related to superannuation may be made to AFCA ...

AMP fined $24m for charging deceased customers

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
The Federal Court found AMP guilty of charging deceased customers life insurance premiums and advice fees, ordering it to pay $24 million in penalties. Justice Hespe today determined that four AMP subsidiaries - AMP Life, AMP Financial Planning, AMP ...

Super fund ASX dominance stable: Research

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
Superannuation funds have maintained a steady foothold in Australian equities, owning 38% of the market capitalisation, new research from Rainmaker finds. This is broadly in line with the 37% ownership super funds held at the end of March 2021, split ...

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
... for trustees to exclude defined benefit and income stream accounts and places the onus on the trustee to assess and determine whether consolidating accounts would be practicable in the circumstances and in the best interests of the member."

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... factor-based approach "is neither a practical nor desirable solution for the sector." "It will require SMSF trustees to determine if a general expense has been undercharged and by how much," Burgess explained. "This may sound like a simple task, but ...