Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 441 - 450 of 4070 results for "Personal"

Court rejects Linchpin director appeal

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... act in the best interests of members as an officer of Endeavour. Further, Daly improperly used his position to obtain a personal benefit by way of unsecured personal loans when he was in financial difficulty. All four former directors were banned from ...

ART, Perennial back debt collection fintech

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
... Retirement Trust and Perennial Partners, has completed a $60 million capital raise. InDebted, a fintech that provides 'personal' debt collection services underpinned by artificial intelligence and machine learning, completed its Series C raise. The company ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
... was a concentration of trustees offering the highest cost products, with Macquarie responsible for two and AMP's Wealth Personal responsible for six. "Trustees need to have robust product governance in place to ensure they meet their product design and ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... pressures on households' budgets, almost all borrowers have been able to continue to service their debts. While housing and personal loan arrears have increased since late 2022, they remain below their pre-pandemic peak'," Reardon said. "Overall, less ...

ASIC updates and reissues RG 121

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... office in Australia; or administer, manage, or otherwise deal with, property situated in Australia as an agent, legal personal representative or trustee, whether by employees or agents or otherwise. Lastly, the new guidance has updated descriptions of ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... Justice McElwaine listened to every individual who objected and said many "were quite distressed in explaining their deeply personal reasons for opposing the settlement." One group member told the judge that that $100 million settlement was not sufficient ...

HESTA lowers insurance fees

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... introducing several insurance fee changes with most members paying less from September 28. For most HESTA Super and HESTA Personal Super members, the super fund said insurance fees will reduce by at least 3.2% for unitised cover and 2.5% for fixed cover ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... Aged Care Taskforce's final report, which said the amount paid by Australians accessing care should be determined by personal wealth, noting that the older people of the future will be wealthier, primarily due to the compulsory superannuation system. ...

Mercer awarded mandate for North's APS CoreSeries

MATTHEW WAI  |  FRIDAY, 13 SEP 2024
Mercer will provide investment management for the APS CoreSeries Managed portfolios, which include Conservative, Balanced, and Growth options. Replacing Morgan Stanley Wealth Management, North said Mercer offers lower management fees of up to eight ...

Rising HNW numbers fuel need for specialist advice

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
There was an 8.7% increase in the number of high-net-worth (HNW) investors in Australia last year, bringing with it increased demand for estate planning, tax optimisation, and investment strategy advice. About 690,000 Australians are now considered ...