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Showing 6011 - 6020 of 28263 results for "NOT"

Media Super ups fees, premiums

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
... services, to provide the best outcomes to you in retirement." A spokesperson for Media Super clarified that the fee changes are not a part of the merger process. "Over that time, the fund has incurred substantial cost increases due to frequent changes ...

APRA extends IDII overhaul deadline

KARREN VERGARA  |  THURSDAY, 13 MAY 2021
... viable solutions to make IDII sustainable and implement three new measures. One of the measures involve ensuring benefits do not exceed 90% of earnings at time of the claim for the first six months of the claim and do not exceed 70% of earnings thereafter. ...

Kapstream co-founder announces career break

KARREN VERGARA  |  THURSDAY, 13 MAY 2021
The co-founder of Kapstream Capital, a Janus Henderson subsidiary, will exit to take a "bittersweet" career break. Nick Maroutsos' last day is slated for 1 October 2021. He co-founded Kapstream in 2006 with Kumar Palghat, a former PIMCO executive. ...

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
The inclusion of superannuation administration fees in the Your Future, Your Super performance benchmark will not punish funds that reduced fees in recent years, according to minister for superannuation Jane Hume. Speaking at the Financial Services ...

Digital fact-find gains momentum

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... survey tools. The impact of this is a better experience for clients and less time spent by advisers, leading to more profit, not to mention more productive meetings, Patty said. The startup has raised funding from a number of industry participants, advisers ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... greater flexibility to maximise their retirement. The FPA welcomes the government's decision to introduce flexibility but not substantial changes to superannuation. Superannuation should not be constantly tinkered with, a position the FPA has consistently ...

CBA adds $32m to advice remediation bill

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... the quantum of certain inappropriate advice remediation," the two firms said in a joint statement. "Remediation amounts will not be known until individual cases have been reviewed and compensation offers made." Count Financial is facing a class action ...

Super funds slam budget's super gap measures

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... financial security for women and the lower paid," HESTA chief executive Debby Blakey said. "However, the fact that super continues not to be paid on parental leave remains a glaring gap in our super system." "For too long Australian women have paid the ...

What instos want from managers

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
... investors surveyed. They either expect companies to align with these disclosures or explain in detail why they believe it is not necessary. One of the big shifts in attitude among institutional investors is the thinking around financial incentives for ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
"Australia's economic recovery is now well underway and we must keep the momentum going... but, this pandemic is not over. For as long as the virus persists, so will we. So tonight, we go further." This is according to federal treasurer Josh Frydenberg ...