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Showing 541 - 550 of 3187 results for "Times"

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... of products decreased their fees since October 2020. The analysis also shows that 5% of products decreased fees multiple times during the period. The September quarter saw 159 products update their PDSs - more than the previous quarters. Of these, 21% ...

FPA names new chief executive

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... Profile. "She is also very passionate about the financial planning profession and how it has transformed itself in recent times," Broome said. De Gori, who served as chief executive since March 2016, advised the FPA's board of his intention to leave ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... amount of wealth they already own, those with less wealth get a much bigger boost from inheritances on average, about 50 times larger for the poorest 20% than the wealthiest 20%," she said. "Hence wealth transfers tend to reduce the share of wealth held ...

Super funds attracting more women to investment work

ELIZABETH MCARTHUR  |  FRIDAY, 3 DEC 2021
... funds who are determined to add to a collective effort that overcomes the issue of size," she said. "Men are up to four times more likely than women to apply for junior analyst roles and when they do, they're more likely to demonstrate the sought-after ...

APRA finalises new bank capital framework

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
... stress, ensures banks can access funding, facilitates payments and helps banks to keep lending to their customers during good times and bad. "Although Australia's banking sector is already strongly capitalised by international standards, the new capital ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... to about 25,000 customers, amounting to about $7 million. "Some fees were not disclosed to the customer at all, at other times the amount disclosed was less than the amount charged," ASIC said. In 2019 Westpac exited personal financial advice, closing ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... again. Not only that, but it'll also intensify the supply chain problems that's caused the spike in inflation in recent times. However, the lowering of consumer demand - should Omicron turn out to be more sinister than Delta - should provide an offset ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... required ID verification initially. He has also observed funds being slow to confirm banking details. "It's happened enough times that we believe it's an intentional policy to delay the payments because the funds simply can't pay the transfers ...

COVID-19 relief for SMSFs may require specialist input

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... extended COVID-19 relief measures implemented by the federal government. "Managing an SMSF can be complex at the best of times, particularly for those who have just begun their journey towards a self-directed retirement," Maroney said. "But the challenges ...

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... financial position, what they all have in common is an obligation to protect their members' best financial interests at all times. This, according to Cole, requires trustees to undertake "sufficiently robust business and contingency planning" to ensure ...