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Showing 571 - 580 of 1906 results for "Never"

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
A parliamentary inquiry has again cast doubt over retail superannuation funds' ability to put the best financial interests of members ahead of profit and shareholders. The most recent Standing Committee on Economics into super heard instances of ...

Vanguard, Fidelity, BetaShares rank low on ESG: Report

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
New research from Morningstar has attempted to wade through the greenwashing in funds management based on managers' overall commitment - with some surprising results. The research looked at more than 100 strategies and 40 asset managers to provide ...

Retirement income failing Aboriginal, Torres Strait Islander people

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... garnishing wages from Aboriginal and Torres Strait Islander people. Those who view the superannuation system as garnished wages never expect to see their savings again - dis-incentivising contributions. Policy suggestions from submissions on solving ...

Labor, unions, industry funds seethe

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... its promises. "Can I say with regard to the government's ongoing attacks on superannuation, this is a government that has never supported universal superannuation," Albanese said. "The fact is, we have a legislated increase for universal superannuation ...

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The first comprehensive review of Australia's retirement system has acknowledged that affordable financial advice is what people need to navigate the retirement system. After the Royal Commission exposed deep flaws in Australia's financial advice ...

ASIC opens consultation on scaled advice

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
... people feel unable to provide limited advice or trapped into providing lengthy documents where, honestly, a consumer is never going to read," she said. The paper is part of ASIC's Unmet Advice Needs project and acknowledges the changes the advice industry ...

Rest climate case dismissed

ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
... consent the case was to be dismissed. McVeigh and Rest have been ordered to each bear their own legal costs. McVeigh was never seeking financial compensation from his super fund, instead asking Rest to make certain commitments to tackling climate change ...

Wages will not rise from SG cut: ISA

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... after the 2014 freeze and found that no boost to wages occurred, saying workers sacrificed their super for nothing. Workers never received a promised wage increase when the super guarantee was last cut, a comprehensive analysis of federal workplace agreements ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
... the US economy in the third quarter, why does Wall Street even care whether a stimulus deal is signed today, tomorrow or never? The short answer is the US Federal Reserve remains unconvinced. Fed chair Jerome Powell thinks there's still a long way ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... has had a volatile path since listing nearly 20 years ago. The brand damage has been extensive in recent years while it never recovered properly after the GFC," he said. "Management has offered a lot of plans over the last decade but the execution has ...