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Showing 6321 - 6330 of 28265 results for "NOT"

Former Apogee adviser charged with deception

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... applications for one-off advice fees to Nulis for providing financial services to his clients. ASIC said the services were not provided and the fees were instead rebated to his clients facilitating unlawful early release of their superannuation benefits. ...

ASIC drags CommSec to court

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... CommSec has admitted. CommSec and AUSIEX also allegedly failed to comply with their best execution policies and procedures, did not provide accurate confirmations to customers for certain market transactions, failed to comply with client money reconciliation ...

Industry fund ups life insurance premiums

JAMIE WILLIAMSON  |  MONDAY, 1 MAR 2021
... provided by OnePath will go up on April 1. Premiums were last increased on 1 July 2019, and premiums for income protection are not changing, the fund noted. Members aged between 35 and 64 years old with default cover will see their premium go up 33.6% ...

Shock statistics on gender gap on boards

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... more people in full-time jobs. It is also a very positive sign that our economic recovery is underway," she said. "It does not, however, reflect any underlying structural changes to women's overall position in the workforce. I expect to see more labour ...

Stimulus, ERS boost financial comfort

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
The government's stimulus spending, and reforms like the early release scheme, have boosted Australian financial comfort to record highs despite the impact of COVID-19. The ME Bank Household Financial Comfort Index improved by 2% to 5.89 out of 10 during ...

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
A senator has argued that super funds should not be able to take short positions or participate in securities lending to short sellers. Queensland Liberal National Party Senator Gerard Rennick delivered an impassioned speech during the Senate debate ...

Possible delay for SG rise: Hume

ANNABELLE DICKSON  |  MONDAY, 1 MAR 2021
The government has hinted heavily that the legislated increase to the superannuation guarantee will be delayed as Australians need more capital throughout their working life. Speaking at the Council on the Ageing (COTA) Australia's National Policy ...

Chief economist update: Fed fights back bond bears

BENJAMIN ONG  |  MONDAY, 1 MAR 2021
... premature tightening of financial conditions that'll negate all the efforts they have thrown at the COVID-19 pandemic crisis. Not on their watch.

Aware Super rejigs MySuper option

KANIKA SOOD  |  FRIDAY, 26 FEB 2021
... members' superannuation savings as they age, as well as allow them to take more growth exposure when they are younger. "It's not about the expected uptake in return...We have to demonstrate it is in members best interest and our modelling supports ...

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
... fed funds rate from 2.5% to 1.75% in 2019. The bottomline is that, after all is said and done, bond or sharemarket diktat or not, the Fed wouldn't want to see all the money it's thrown at the coronavirus pandemic problem go to waste and until it's absolutely ...