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Showing 6331 - 6340 of 28267 results for "NOT"

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 ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... priority. Despite minor challenges, Frydenberg put superannuation trustees on notice, saying there should be no excuse in not providing a strategy or product that leads to better outcomes for members in retirement phase, in light of how much notice they ...

Industry fund CIO resigns

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
The investments chief of a not-for-profit fund will leave after five years in the post. LUCRF Super chief investment officer Leigh Gavin will stay until Easter with the fund, sister publication Industry Moves first confirmed. Gavin joined LUCRF in May ...

ACCC merger reforms may impact super industry

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
... concerns over the increase in mergers in the industry. "Merger control plays a critical role in ensuring that competition is not eroded via mergers. However in recent years we have become increasingly concerned as to whether Australia's merger control ...

AMP and Ares enter JV

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... game. We will be looking for opportunities to find a better solution for shareholders. We have a great product, we simply do not have the scale to grow this business globally," De Ferrari said.

IOOF to spend big on BOLR

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
... lot of work on our governance [and] quality of advice. I think the reality is there will be some advisers that either choose not to or just simply can't meet the standard we expect of them, and obviously they will be leaving the group," Mota said. ...

ASIC takes NAB to court

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
... accounts with other banks. However, many customers were exempt from the PP fees - but NAB charged them anyways. The bank did not disclose these explicitly on mischarged customers' statements, just listing it as "Incl Tfr Fee $[amount of fee]". ASIC alleges ...

Most ethical companies revealed

ELIZABETH MCARTHUR  |  THURSDAY, 25 FEB 2021
... Australian company to make the list was Teachers Mutual Bank. There are some unexpected companies on the list. For example, not-for-profit US healthcare provider Kaiser Permanente has been embroiled in a couple of high-profile scandals. In 2019, the ...

ATO begins stimulus fraud convictions

ELIZA BAVIN  |  THURSDAY, 25 FEB 2021
... Commissioner of Taxation. The ATO said Saleh made the false statements to receive $6000 in JobKeeper payments which he was not entitled to. In addition to the conviction, Saleh was fined $3000, ordered to pay reparations of $3000 and costs of $282. The ...