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Showing 571 - 580 of 11121 results for "Account"

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... allow affected taxpayers to restructure their affairs without penalty; and index the $3 million threshold annually to account for inflation and ensure the system remains fair and equitable over time. Chen said the $3 million threshold will equal to a ...

Aware Super makes fee changes

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... administration fees drop from 0.23% to 0.17% with the annual cap also reduced from $1500 to $1300. There was no change to the account keeping fee of $52 per year. In addition, for Future Saver products, Aware Super will bring in a new insurance premium ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
ANZ has copped a whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail ...

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
AMP has settled a class action brought against N.M. Superannuation, AMP Superannuation and AMP Services, agreeing to pay $120 million. The class action was brought on behalf of superannuation clients and their beneficiaries for the period of July 2008 ...

Court extends freezing orders on First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 12 SEP 2025
The Federal Court extended orders freezing the bank accounts of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, saying it believes investors' funds were used for gambling purposes. The orders were first made on August ...

Super SA welcomes chief executive

JAMIE WILLIAMSON  |  THURSDAY, 11 SEP 2025
... Development. She's had two previous stints with the Department of Treasury and Finance, including close to eight years in account management, budget and performance roles between 2016 and 2024. From 2005 she spent three years advising on fiscal strategy ...

Salary report shows 23% pay gap for top BDMs

MICHELLE BALTAZAR  |  THURSDAY, 11 SEP 2025
More distribution executives are seeking careers in the wholesale market as demand for super fund BDMs slow, Kaizen's latest salary report shows. Kaizen's Funds Distribution Salary Guide FY2025-26 found that salaries have remained flat in the ...

NGS Super moves to make admin fees more equitable

JAMIE WILLIAMSON  |  THURSDAY, 11 SEP 2025
... percentage-based admin fee cap will be increased from $500,000 to $575,000 "to more equitably share fees amongst more account balances." Going forward, the percentage-based fee will be deducted from account balances monthly, as opposed to the current ...

AI adoption by investors 'grows rapidly': Research

RIDDHIMA TALWANI  |  THURSDAY, 11 SEP 2025
Investors turning to artificial intelligence (AI) for investment advice is rising, according to new survey from Chartered Accountants ANZ (CA ANZ). CA ANZ survey of 1000 Australian retail investors with more than $10,000 invested in the stock market ...

Retirement lifestyle costs continue to rise: ASFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
... their household budgets," Delahunty said. "Someone retiring in 2025 likely had their first mobile in their 30s, a Hotmail account in their early 40s, a BlackBerry device in their 40s, and their first iPhone in their early 50s. They were using digital ...