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Showing 441 - 450 of 1598 results for "Counter"

Most complained about super funds revealed

JAMIE WILLIAMSON  |  FRIDAY, 7 FEB 2020
Analysis of AFCA complaints data regarding the most complained about superannuation funds in the body's first eight months of operation shows an almost even split between industry and retail funds. AFCA started operating on 1 November 2018 and data ...

Retail funds outperform, but industry funds dominate

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
Latest research shows retail super funds hit back in 2019, outperforming industry super funds across the year as impact of a tough final quarter in 2018 begins to fade. New analysis from Rainmaker published by SelectingSuper shows retail super funds ...

Westpac facing new class action

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... the same AUSTRAC investigation. The bank is currently facing 23 million alleged breaches of anti-money laundering and counter terrorism laws with AUSTRAC applying to the Federal Court seeking civil penalty orders against Westpac.

Banking sector losses continue

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
Australian banks continue to take a beating, with all of the Big Four losing brand value, according to a report from Brand Finance Australia. The report said the hit comes as the delayed effects of the global economic slowdown are being felt around ...

Salaries of the rich and famous

ALLY SELBY  |  FRIDAY, 20 DEC 2019
Take a moment of silence for Australia's highest paid chief executive Shemara Wikramanayake, whose British counterpart surpassed her annual salary by more than $500 million. Based on today's conversion rates, Bet365 chief executive Denise Coates raked ...

Westpac served class action

JAMIE WILLIAMSON  |  WEDNESDAY, 18 DEC 2019
... Court of Australia for civil penalty orders against Westpac over systemic non-compliance with anti-money laundering and counter-terrorism laws totaling 23 million contraventions. A case management hearing was held earlier this month with another scheduled ...

APRA joins in on Westpac scrutiny

ELIZA BAVIN  |  TUESDAY, 17 DEC 2019
... AUSTRAC launching its criminal charges against the bank over an alleged 23 million breaches of anti-money laundering and counter terrorism laws. APRA said it will also focus on the bank's actions to rectify and remediate the issues after they were identified. ...

MySuper heat map lauds industry funds

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
Industry super funds fared best in APRA's first MySuper heat map, forming the majority of products given the all clear by the regulator. APRA's MySuper heat map, released this morning, demonstrates the lead large industry super funds have over ...

Industry funds dominate risk-adjusted MySuper returns

HARRISON WORLEY  |  FRIDAY, 6 DEC 2019
Industry superannuation funds have laid down the gauntlet to their counterparts, taking the top 10 positions in Rainmaker's most recent league tables for risk-adjusted MySuper returns. The latest edition of Rainmaker's RMetrics MySuper report has seen ...

Super funds to crack 13% by year end, retail leading

KANIKA SOOD  |  THURSDAY, 5 DEC 2019
Superannuation funds are on their way to deliver 13% for the calendar year, and so far retail funds are outstripping industry funds' MySuper returns by 1.8%. The MySuper Index from SelectingSuper returned 10.9% for the 12 months to October end ...