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Showing 421 - 430 of 3696 results for "Though"

AMP fined $24m for charging deceased customers

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
... $75,000 was charged over the same period. AMP Life and AMPFP admitted they accepted insurance premiums and advice fees even though, at the time they received those fees, there were reasonable grounds for believing that they would not be able to supply ...

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... securities. Moreover, contingency plans are in place to deal with market disruptions in the event of an imminent default. Though, Abad stressed the high political and economic cost of such alternatives. "We believe a default on any Treasury payment would ...

Super fund ASX dominance stable: Research

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... equates to about $316 billion for NFP funds and $193 billion for retail funds. "While the nominal value of ASX shares owned though NFP funds increased 108% between 2013 to 2022, the nominal value of ASX shares owned through retail super funds increased ...

Cbus eyes big deals in new investment blueprint

ANDREW MCKEAN  |  TUESDAY, 16 MAY 2023
... he emphasised the intent to bolster the fund's capacity in infrastructure and private equity. "Our private equity team, though modest in size, has a track record of success and we're keen on expanding our efforts in that sector. As for infrastructure ...

AFCA tallies up COVID-19 complaints

JAMIE WILLIAMSON  |  FRIDAY, 12 MAY 2023
The Australian Financial Complaints Authority (AFCA) received close to 1500 complaints about superannuation funds over the course of the COVID-19 pandemic. Releasing data now that the World Health Organisation has declared the pandemic over, AFCA said ...

UBS outlines new operating model, leadership

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... further integration, Credit Suisse AG will continue to rely on its established governance and risk control frameworks, though some new policies will be put in place to ensure that UBS Group has effective oversight, UBS added. The combined firm will operate ...

Family offices maintain a steady course: Goldman Sachs

CHLOE WALKER  |  WEDNESDAY, 10 MAY 2023
... respondents plan to increase their allocation to China. "This compared with just 16% in the EMEA and 8% in the Americas, though we do see that another 20% of APAC respondents plan to decrease their China allocation- all of which suggests the lack of ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... preferred solution," it said. Meanwhile, SMSF Association chief executive Peter Burgess said the measure is an improvement, though the use of a factor-based approach "is neither a practical nor desirable solution for the sector." "It will require SMSF ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... commodity prices in the first half of 2022-23 albeit that has now tempered, is still only 23% of total taxation receipts even though it's jumped 12% from $123 billion to $138 billion. But as a sign of what the government is expecting, by 2027 the ...

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... Australian government total to almost $1.4 trillion. But focusing on Australia's central government bond debt position, even though this amount is projected to climb 19% by June 2027, Australia's central government debt ratio was only 39% of GDP in 2022. ...