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| | | ... considered way," he said. Chalmers said he is in the process of consulting with Cabinet on the decision. "I hope to finalise a view in the coming weeks. I'm aiming to make an announcement in July, but certainly by the time that parliament returns," ... |
| | | | Bringing an end to years of speculation and sales discussions, Westpac will retain its platforms business, saying it intends to "aggressively compete" in the space. Despite having carried out a lengthy and competitive sales process, Westpac is going ... |
| | | | ... super funds focus on retirement solutions, but it will require industry collaboration to implement the changes needed. In my view, life insurers have an important role in guaranteeing income for life, to deliver certainty for Australians, many of whom ... |
| | | | Former Lonsec chief investment officer Lukasz de Pourbaix has been appointed to the role of global cross-asset specialist and will be based in Sydney. He will report to Fidelity Australia managing director Lawrence Hanson and work closely with clients ... |
| | | | ... value of their assets to mark assets down a fraction of that, maybe 3%, I think investors would take a less than positive view on that and think there is bad news to come." However, there are opportunities in the market - it just depends on the asset. ... |
| | | | ANZ has executed an implementation agreement with the Queensland government as part of the bank's plan to acquire Suncorp Bank. The signing of the agreement marks the next step in ANZ's plan to acquire Suncorp Bank despite concerns raised by the Australian ... |
| | | | ... North, AMP said. "The embedded functionality significantly reduces the time required to prepare an ROA, allowing advisers to view proposed tax implications prior to switch execution," it added. Meanwhile, the newly enhanced MyNorth Lifetime Super Calculator ... |
| | | | ... adjustments in payroll systems are made for their employees' so increased obligations are met. From an administrative point of view, he also flagged small businesses should be aware of super payday changes. "A lot of advisers probably saw that, just ... |
| | | | Suncorp has signed an Enforceable Undertaking with the Fair Work Ombudsman and reimbursed its staff with a back-payment of $32 million, inclusive of interest and superannuation. Suncorp underpaid nearly 16,000 employees between May 2014 and March 2022. ... |
| | | | ... financial adviser services Balaji Gopal said. "However, we believe Australians saving for retirement should take a longer-term view and avoid reacting to short term market conditions. It's not unwise to have cash reserves in a portfolio but that ... |
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