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Showing 501 - 510 of 4004 results for "Accounts"

Court dismisses ASIC lawsuit against Finder

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... allowing Finder Wallet to use their capital," ASIC said at the time. Customers in Finder Earn would deposit money in their accounts which was then converted to AUD-denominated stablecoin TAUD and allocated to Finder Wallet to use for its own working ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... options. "For members invested in these options (and members who have selected these options for new money coming into their accounts) we'll automatically switch you to other options. Generally, the option we'll move you to will be similar to ...

Advisers flock to managed accounts, but are very selective

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... new report from State Street and Investment Trends found a record 25% of all new client inflows are placed into managed accounts. The proportion of advisers using them has more than tripled from 18% a decade ago to an equal record high of 56% now. A ...

Australian Retirement Trust completes Alcoa merger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... largely because of its declining membership. In determining sustainability of the fund, APRA looked at the number of member accounts, cash flows and rollovers. Alcoa failed on all three, seeing declines across all metrics. At the time of announcing its ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... statement, as per the terms of their policy Provided revised disclosure to consumers about trading limits on their trading accounts, ensuring they are consistent with the operation of the trading platform The banking and finance sector saw the largest ...

ASFA Retirement Standard hits record high

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
... begin to ease." The ASFA Standard covers everyday expenses like health, communication, clothing, and household goods. It accounts for community expectations and changing lifestyle spending habits. "The cost of medical services increased 1.2% in the December ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
According to the latest figures, there is now about $195 billion held in managed accounts - up $33 billion in the six months to December end. The IMAP Census of Managed Accounts FUM shows the total grew by some 20.47% in the six-month period to hit ...

InvestSMART launches investing platform

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... will now have their funds managed within three Rask investment portfolios through InvestSMART's professionally managed accounts. The latter is providing its back-end administrative, compliance, and technological platform. In an ASX announcement, InvestSMART ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... childhood education. Paying super on paid parental leave will help our members add much-needed dollars to their retirement accounts, narrowing the gender super gap and making Australia's super system fairer," HESTA chief executive Debby Blakey said. ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... scrutinising the way lenders comply with their hardship obligations, how banks support First Nations consumers to access low-fee accounts, and how superannuation trustees deliver important member services, such as how they handle death benefits claims," ...