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| | | ... that all members from both camps will rejoin under the one banner in May when they can reapply for membership. While it is not yet known exactly how many members will sit under the FAA, currently there are about 11,000 FPA members and more than 2000 ... |
| | | | ... advisers be aware of the inherent uncertainty when predicting future mortality rates for any group of people. Products that do not insure this risk may add significant instability to the longer-term customer outcomes." Self-insured retirement products ... |
| | | | ... exacerbates financial vulnerability and highlights the need for protection. But ironically, financial illiteracy in some cases means not even understanding the need for that protection." In its report Underinsurance in Australia 2020, Rice Warner estimated ... |
| | | | The introduction of the Transfer Balance Cap (TBC) in 2017 saw contributions into SMSFs plummet by 60%. While it didn't take them long to bounce back, how they're used has changed. According to insights from Rainmaker Information, the self-managed super ... |
| | | | ... commitments that will go into new commercial plantation development, which is effectively buying land and planting trees, not buying into mature plantations," Whiteley said. "There will be about 20% of the fund which will be buying into improved forestry ... |
| | | | ... conservative returns on the horizon, advisers can expect greater scrutiny of their investment philosophy, processes, and performance, not only from clients but potentially from regulators," the report read. Many advisers are partnering with independent ... |
| | | | Setting a precedent, the corporate watchdog has taken Mercer Superannuation Australia to court for alleged greenwashing conduct. Mercer marketed the Sustainable Plus options, available in the Mercer Super Trust (MST), as suitable for members who "are ... |
| | | | In reporting its half-year results, Diverger reinforced its commitment to inorganic growth, saying a 13% drop in profits is owed, among other things, to investment in its FY25 strategy. Diverger reported underlying profit of $2.93 million, citing lower ... |
| | | | ... they're 100 [years old]," she said. Levy added that it would be "nonsensical and stupid" that their super fund should not be able to provide them with personal advice during their life to assist them. In the final proposals released in February ... |
| | | | ... participant in the industry consolidation, the Clime board has elected to reserve capital in the first half of FY2023 and not pay a first half dividend." Clime further reported funds under management (FUM) and advice increased by 8% to $5.5 billion since ... |
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