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Showing 461 - 470 of 2683 results for "Fair"

Australians prioritise financial independence: Research

CASSANDRA BALDINI  |  TUESDAY, 23 MAY 2023
... admitted to receiving no financial education in childhood while 35% said they received a small amount and 22% received a fair amount. Unsurprisingly it was females who were the most disadvantaged when it came to financial knowledge; Insignia found younger ...

FAAA sounds alarm on no-consultation super reform

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
... regime considers the impact on financial advisers and their relationship with their clients. It is also essential that it is fair and does not treat certain products in a way where the performance results are skewed," she said. "There is a downside risk ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
The government has handed down its plan to regulate buy now, pay later (BNPL) providers and products under the Credit Act to strengthen consumer outcomes. Historically, BNPL schemes have been exempt from tough regulation as they do not charge interest ...

Regulation, funding inhibits digital advice: Report

KARREN VERGARA  |  MONDAY, 22 MAY 2023
Several key risks are inhibiting digital advice providers from operating with confidence, a new report finds, one of which is the red tape that is preventing them from moving successfully forward. AMP's Digital financial advice market scan, together ...

AMP fined $24m for charging deceased customers

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
The Federal Court found AMP guilty of charging deceased customers life insurance premiums and advice fees, ordering it to pay $24 million in penalties. Justice Hespe today determined that four AMP subsidiaries - AMP Life, AMP Financial Planning, AMP ...

Australia lags in global fund disclosure: Morningstar

ANDREW MCKEAN  |  THURSDAY, 18 MAY 2023
... have a lower disclosure than A-REIT stocks, which make their individual property holdings publicly available and provide 'fair value calculations'.

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... pause in June following an extended period of aggressive policy tightening by the RBA, he commented. That said, the upcoming Fair Work Commission decision on the national minimum wage will be critical for the outlook for wages growth along with inflation ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... Burgess outlined that the association believes using a member's total super balance to calculate earnings is neither simple nor fair. "By definition, a member's total super balance includes unrealised gains and a growing list of items that will need ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... the youngest eligible child from eight to 14. Aged care workers: The government will make good on a recommendation from the Fair Work Commission to increase award wages of over 250,000 workers in the aged care sector by 15%. Defence personnel: The government ...

AFCA appoints lead ombudsman, investments and advice

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... systems and processes to deliver an even better dispute resolution service that is transparent, timely, efficient and above all fair," he said. Last month, AFCA's chief executive and chief ombudsman David Locke was reappointed to the role, and will serve ...