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Showing 501 - 510 of 14034 results for "Down"

ASIC tells super: 'You have everything you need to not fail'

ELIZA BAVIN  |  WEDNESDAY, 28 MAY 2025
... accessibility. "There were around 48 [super funds] in the first suite we were looking at more comprehensively. We narrowed it down and looked at around 24 websites and specific communications in that regard; how funds were communicating with members ...

Australian firms may face 'intense competition': RBA

ELIZA BAVIN  |  MONDAY, 26 MAY 2025
... noted that while tariff settings have already "moved on dramatically", he suggests they will change further - whether up or down. "We'll soon start to see data on just how the existing tariffs - still high by historical standards - are affecting the ...

Cost-of-living, unaffordable advice fuels financial stress: Surveys

KARREN VERGARA  |  MONDAY, 26 MAY 2025
... accelerated in May 2022. "But it's a step in the right direction and it's great news for homeowners. It's two down and maybe two more to go this year," he said. "On an average home loan, if your bank passes on both rate cuts in full, you ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
... a member's balance to 0.17%. At the same time, the maximum annual admin fee on a retirement account is dropping to $1300, down from $1500. This could equate to a 25% cut or, for the average retiree member, a decrease of $225 in the first year, the fund ...

'Tensions' identified between FAR and other requirements

ELIZA BAVIN  |  MONDAY, 26 MAY 2025
The chief executives of several superannuation funds sat down with ASIC and APRA for a roundtable to discuss key issues related to the Financial Accountability Regime (FAR). As part of the discussions, the super fund chiefs emphasised the importance ...

ANZ Staff Super loses investment head

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
ANZ Staff Superannuation's investment chief Ruwanie Dias has stepped down after nine months in the role, prompting fresh questions about the $7 billion fund's strategic direction. Dias, who was responsible for the fund's entire investment ...

Escala poised to overhaul strategy

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
... executive Pep Perry and investment chief Tracy McNaughton - are expected to leave the firm in June. Torty Howard will step down from her role as co-chief executive and take on an operations position, the sources said. Advisory head Ben James is being ...

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... obtained near $1 million by tricking his clients into investing into a "test" trading platform, has had his sentence handed down. Mark Francis McCabe was sentenced to four years and three months' imprisonment with a non-parole period of two years and ...

J.P. MAM slashes recession probability to 30%

KARREN VERGARA  |  TUESDAY, 20 MAY 2025
... net tariff rate for the US for all its trading partners averaged about 24%. "With the latest announcement, it's come down to about 13% to 14%. But that's still a big impact that's going to be a drag on the US consumer," he said, pointing ...

Zenith to farewell co-founder, managing director

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... 2023; he joined in 2019 as chief operating officer. Wright, who co-founded the business with David Smythe in 2002, stepped down as chief executive to make the move possible. He has since served as investment director. The business was acquired by private ...