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Showing 601 - 610 of 5326 results for "Third"

Family offices feeling optimistic about 2024

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... Interestingly, for over half of the respondents (60%) the first generation who created the wealth is still in control. For another third, the wealth has already transitioned to their children. Families in which there have already been multiple generational ...

Cost-of-living crisis will persist into future: Study

KARREN VERGARA  |  FRIDAY, 15 SEP 2023
... themselves to cut back on spending, while 36% sought to access the Age Pension for additional financial help. About one-third of respondents had a net household income of $1500 or less per fortnight and of these, 30% said the impact of increasing costs ...

Australians retiring later than global peers: Research

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
... categories, including finances in retirement, health, quality of life and material wellbeing. This year, Australia came in third for finances in retirement, jumping one spot from fourth in 2022. It came ninth for health this year and in 2022, and retained ...

Viridian launches new specialist division amid acquisition drive

ANDREW MCKEAN  |  TUESDAY, 12 SEP 2023
... division with its own AFSL, marking its evolution into a dual-structured entity. Infinity Capital Solutions (ICS) affords third-party advice practices and financial advisers access to Viridian's proprietary model through four distinct offerings: asset ...

Former van Eyk chief cops permanent ban

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... then loaned to TAA Melbourne to buy a share of van Eyk, of which Thomas was chief executive. This was done to prevent a third-party company gaining control of the researcher. Thomas deliberately concealed details of the deal to appear as though there ...

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
... approval of CPS 511 implementation efforts, the regulator pointed out shortcomings in financial services entities controls for third-party compensation conflicts and understanding of how non-financial measures will drive "desired behaviour" regarding ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... high. During governor Philip Lowe's last monetary policy meeting, the RBA said its reason for holding rates for the third consecutive month was to buy more time and further assess the impacts of previous hikes. Since, the Australian Bureau of Statistics ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... ultimately found that most retail clients lose money trading CFDs. "Our recent penalty proceedings against a CFD issuer is our third DDO-related civil penalty proceeding. This follows our previously commenced proceedings against the distributor of an ...

AMG Super terminates MySuper offer

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
AMG Super is getting out of MySuper as its product fails the Your Future, Your Super performance test for a third time. AMG Super has announced to members that it will close its MySuper product early next year. The notice was issued to members on August ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... Meantime, of the 64 MySuper products examined, only one product failed the test this year, being AMG Super. This marks the third consecutive year it has failed, leading it to exit MySuper. All trustees must now write to the members within these failed ...