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Showing 551 - 560 of 3727 results for "Seven"

HSBC eyes bigger slice of super pie

CHLOE WALKER  |  MONDAY, 23 JAN 2023
HSBC Australia has partnered with the Australian Institute of Superannuation Trustees (AIST) as it looks to expand its services in the Australian superannuation sector. The new partnership will see HSBC and AIST collaborate to help inform the latter's ...

Australians are unprepared for retirement: Fidelity

ANDREW MCKEAN  |  FRIDAY, 20 JAN 2023
... emotions). In contrast, those who didn't perceive they had a choice when they stopped full-time work had a terrible time (seven in 10 experienced negative emotions). "A sense of control over the retirement event is not just a driver of emotional experience ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... alone would raise $29.1 billion dollars annually. It said that this would be enough to increase the foreign aid budget by seven times, or dramatically reduce poverty in Australia. "Decades of tax cuts for the richest people and corporations have fuelled ...

Adviser who faked signatures sentenced in court

CHLOE WALKER  |  MONDAY, 16 JAN 2023
... placed on recognisance in the sum of $1000 to be of good behaviour for two years. The former adviser admitted to falsifying seven documents relating to two of his clients by inserting client signatures and by adding dates to documents. He falsified documents ...

AAT upholds AFSL cancellation

CHLOE WALKER  |  THURSDAY, 12 JAN 2023
... resolution system in place. It also banned Olive's former director Scott John Morrison from providing financial services for seven years. Following a hearing in early 2021, the AAT found that Olive engaged in unconscionable conduct, prohibited hawking ...

Berkshire Hathaway, IAG restructure agreement

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
... The renewed terms with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway, will continue for close to seven years, valid from January 2023 to December 2029, and consist of 20% quota share. IAG chief financial officer Michelle McPherson ...

Court approves Pendal takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2023
... $1.65 cash per share, less the 3.5 cent dividend paid on December 15. They will also receive one Perpetual share for every seven Pendal shares. It's expected the scheme will be implemented on January 23. The court approval follows the receipt of shareholder ...

Former adviser sees ban reduced

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... financial adviser Ashok Sherwal. Sherwal, who was an authorised representative of six different licensees over the past seven years, was originally banned in June 2021 from providing financial services and performing any function in a financial services ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... from $190 million to over $5 billion. It also now has more than 41,000 members. This growth was driven in large part by the seven mergers he oversaw in that time, creating the fund that it is today. 8. Australian Retirement Trust announces next merger ...

Life insurer claims under regulator watch

CHLOE WALKER  |  MONDAY, 12 DEC 2022
... of consumer price indexations (CPI)'s to life insurance policy benefits. Already, ASIC has received breach reports from seven life insurers for the miscalculation of life insurance benefits, which resulted in affected customers being either under or ...