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Showing 451 - 460 of 13899 results for "State"

Account number issue causes angst, undue admin work: FAAA

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
Flaws in Delivering Better Financial Outcomes (DBFO) Tranche 1 has inundated financial advisers with angst and more administrative work thanks to confusion surrounding account number inclusion in consent forms, according to the Financial Advice Association ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... public sector wages rose 1%. "This quarter's lift in the public sector reflected backdated pay rises from recently approved state-based enterprise agreements coming into effect, coupled with regular scheduled pay increases," ABS head of price statistics ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... defending two superannuation class actions brought against it. The first is a class action filed against Colonial First State Investments (CFSIL) in October 2018. The claim initially related to investments in cash and deposit options in the Colonial ...

Legalsuper appoints chief risk officer

JAMIE WILLIAMSON  |  TUESDAY, 12 AUG 2025
... risk management at Aware Super for just over a year, having held that same role at VicSuper prior to the merger with First State Super that created Aware. Nguyen has also previously held senior risk and compliance roles at Mercer, IAG, AIA Australia ...

Cbus, MLC, AMP Super pump more into Atmos Renewables

MATTHEW WAI  |  TUESDAY, 12 AUG 2025
Cbus, MLC and AMP Super have contributed to a $400 million capital raise for Atmos Renewables, which will support two landmark developments and the creation of some 70 jobs. Atmos was acquired by First Sentier's Igneo Infrastructure Partners in March ...

Institutional investors show signs uncertainty has peaked: State Street

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
The latest State Street Institutional Investor Indicators, tracking investor confidence, found most signs point to optimism despite ongoing global uncertainty. The State Street Risk Appetite rose to 0.54 at the end of July, marking the highest reading ...

CFS prices advice practice valuation gap at $1.1m

KARREN VERGARA  |  MONDAY, 11 AUG 2025
Financial advice businesses have an estimated $1.1 million valuation gap, a new survey from Colonial First State (CFS) shows, as most advisers are not prepared for the planned and unplanned sale of their practices. The Hidden Value Report, produced ...

CSC quashes internal bullying, sexism claims

MATTHEW WAI  |  MONDAY, 11 AUG 2025
Commonwealth Superannuation Corporation (CSC) chair Janet Torney has rejected suggestions that bullying, harassment or sexism are improperly handled by the organisation. Torney responded to reporting by the Australian Financial Review that CSC received ...

Trump signs order to open 401(k)s to private markets

JAMIE WILLIAMSON  |  FRIDAY, 8 AUG 2025
Citing better returns and diversification benefits, US President Donald Trump signed an executive order to allow alternative assets, including cryptocurrencies, into 401(k) plans. The order calls for a review of the Department of Labor's guidance on ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
Sequoia Financial Group's InterPrac Financial Planning is facing $22 million worth of complaints lodged with the Australian Financial Complaints Authority (AFCA) for its advisers' role in the collapse of the Shield Master Fund and First Guardian ...