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Showing 671 - 680 of 11512 results for "Point"

Australian Ethical eyes small caps as play for advisers

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
Last year, global equities significantly outperformed Australian equities, largely driven by the remarkable performance of the world's largest technology companies - dubbed the Magnificent Seven. However, Australian Ethical points to stretched valuations ...

ASIC's harsh words to directors: 'It's not meant to be easy'

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
... questions, not just once, but again and again. If the answer is yes - not just once, but again and again - then you will get to a point where concerns about complying with your directors' duties won't keep you up at night," Longo said. "And you'll go ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
The US Federal Open Market Committee (FOMC) chose to keep the benchmark policy rate at 5.25% to 5.50%. Despite holding rates at their current level, the latest dot plot revealed the FOMC expects 75 basis points of cuts this year, with more to come in ...

ASIC warns it can't take action on every case of misconduct

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... appropriate licences - and that you conduct your business in accordance with the regulatory obligations that apply at any point in time. "Where we see misconduct, including where we assess you as needing a licence to offer a product or service, we can ...

Listed companies drive economy's momentum: ABDO

KARREN VERGARA  |  THURSDAY, 21 MAR 2024
Australian companies continue to defy odds and beat analysts' expectations to help keep the economy on its resilience streak. Perennial Partners lead portfolio manager Stephen Bruce, who presented at the Advisers Big Day Out (ABDO) Capital Cities in ...

AustralianSuper's move to boost productivity by up to 30%

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... to "think carefully" about how it will be embedded into its processes. "Our AI maturity is only at level one on the five-point scale that we're using, so we'll be undertaking a program to get ourselves up the maturity scale and increase the use of AI," ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
The terms of a $44 million legal settlement reached between Mayfair 101, James Mawhinney and the liquidators of IPO Wealth Holdings have been released to the public. In July 2022, Mayfair 101, its managing director James Mawhinney, and the liquidators ...

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... complaints that have been received by a licensee". Anderson points out that one important aspect of the IDR from an advice firm point of view is that most advisers do not get any complaints. "They go a whole year without any complaint. Unfortunately ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... when individuals have received the full legislated SG contribution rate for their entire working life," Dunn said. "At this point the scale of the system (assets as a proportion of GDP) will no longer grow unless there are material system changes." By ...

FAAA calls on ATO to provide clarity over advice fees

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... the FAAA, and the wider financial advice and accounting professions were hoping for more clarity on the issue. "The key point is that fees on upfront advice are now deductible to the extent that they relate to tax advice, and we are continuing to push ...