Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 541 - 550 of 1518 results for "Save"

ASIC strips Melbourne firm of AFSL

KANIKA SOOD  |  MONDAY, 3 DEC 2018
... and that the business model adopted by this group was substantially the same as the cash rebate scheme of the Fuoco Group, save that clients were offered loans instead of cash rebates. ASIC contends that the A3 Group ran into difficulties and, to overcome ...

Productivity Commission pushes for superannuation scale benefits

KARREN VERGARA  |  MONDAY, 26 NOV 2018
... Productivity Commission has made another "compelling" argument for economies of scale in superannuation, estimating it to save the industry $340 million each year. The benefits however, aren't flowing to members. In its final supplementary paper ...

Wealth an unnecessary failure: Thorburn

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... Australia's banks might have hoped. The NAB boss said wealth management discussions such as the need for life insurance and how to save for retirement didn't come naturally to bankers, adding wealth management was outside the natural circle of banking. ...

AFCA creates small businesses ombudsman role

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... commented a small business expert appointed to the role will significantly improve small businesses' access to justice and save them time and money. Coonan added AFCA recognises that small businesses are a very important part of the Australian economy ...

Grattan says Aussies retiring comfortably, ISA responds

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
Australians are retiring with more than enough, according to new research from Grattan Institute but ISA and ASFA don't agree. Grattan Institute modelling found that most workers can expect retirement income of at least 91% of their pre-retirement ...

Melbourne AFSL pays $9 million in fines

KANIKA SOOD  |  MONDAY, 5 NOV 2018
... and that the business model adopted by this group was substantially the same as the cash rebate scheme of the Fuoco Group, save that clients were offered loans instead of cash rebates. ASIC contends that the A3 Group ran into difficulties and, to overcome ...

AustralianSuper to cut equities

KANIKA SOOD  |  THURSDAY, 1 NOV 2018
The $142 billion superannuation fund is trimming stocks in its default option, as it moves from a growth outlook to a more neutral one. Speaking at a members' forum in Sydney last night, AustralianSuper chief investment officer Mark Delaney said ...

Blue Sky LIC gets a new suitor

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
... discounted fee arrangements with BAF did not sufficiently compensate for the costs of managing it and it is expecting to save more than $1 million per annum from the split. The LIC says the appointment of the new Pinnacle boutique as its manager would ...

Young Aussies set lofty retirement goals

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
... the biggest cash drain is paying rent or a mortgage. Almost a third (32%) of the participants are living with parents to save money, the survey said. Separate research from global asset manager American Century Investments showed millennials are leading ...

Early release of super, FHSSS gaining traction: ATO

KARREN VERGARA  |  MONDAY, 22 OCT 2018
About $89 million of superannuation has been released on compassionate grounds just three months into the new financial year, according to the ATO. Of the 10,700 early super release applications received between 1 July 2018 and September 30, more than ...