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Showing 521 - 530 of 5150 results for "Rest"

MIESF adjusts insurance premiums

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
Meat Industry Employees' Superannuation Fund (MIESF) will increase total and permanent disability (TPD) insurance premiums by 5.4%, effective July 1. MIESF said that while it has a history of providing good value insurance products at competitive rates ...

APRA warns entities on adequacy of backup systems

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2024
APRA has reminded its regulated entities of the need to remain vigilant when it comes to cyber resilience, identifying the use of data backups as a weak spot. In a letter to all APRA-regulated entities, the regulator highlighted areas of weakness that ...

Interest rate relief unlikely 'this side of Christmas'

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
... anytime soon." In fact, higher-for-longer interest rates are likely to remain all major central banks' main strategy for the rest of this year, according to deVere group chief executive Nigel Green said. "We believe that the base case for central banks' ...

Market pessimism over Insignia 'overblown'

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
Morningstar equity analyst Shaun Ler believes that the market is pessimistic over Insignia Financial and is downplaying its ability to stabilise its earnings. "Investors appear to be deterred by margin compression, sluggish flows, restructuring challenges ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
Former Sunshine Coast financial adviser Brett Gordon has been permanently banned from providing financial services and engaging in credit activities following his conviction for fraud offences last month. This prohibition extends to any role within ...

How much do you need to retire in Australia?

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
The Association of Superannuation Funds Australia (ASFA) has revealed that the cost of funding a "comfortable retirement" has risen to a record high. ASFA said couples need $72,663 per year, while singles require $51,630 annually to experience a comfortable ...

Lendlease ditches overseas construction

KARREN VERGARA  |  MONDAY, 27 MAY 2024
Lendlease will abandon its international construction operations as part of a broader restructure that will make nearly 3000 workers redundant over the next 18 months. The ASX-listed firm today announced it will solely focus on its development and construction ...

ASIC cancels Everest Asset Management's AFSL

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
ASIC has canned the AFS Licence (AFSL) of the asset management firm linked to a massive money-laundering operations. Everest Asset Management, which was licensed to service wholesale clients, will no longer be operational. ASIC said it revoked the AFSL ...

Liberals respond to Federal Budget

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
Opposition leader Peter Dutton criticised Tuesday's Budget as highly irresponsible, arguing that the government has exacerbated inflation and incorrectly claimed that any further interest rate increases would be the responsibility of Anthony Albanese ...

Calls for a simplified path to financial advice

ANDREW MCKEAN  |  WEDNESDAY, 15 MAY 2024
Financial Advice Association Australia (FAAA) chief executive Sarah Abood said she supports recent proposals around adviser education from the Joint Associations Working Group (JAWG) because "we need far more people with these qualifications" and the ...