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Showing 681 - 690 of 8459 results for "Day"

High value investors playing it safe: Report

CHLOE WALKER  |  TUESDAY, 20 JUN 2023
... compared with 2.3 for non-HVIs. They are also more actively engaged with their portfolios - around 50% check them at least once a day compared to 18% of non-HVIs. HVIs are also more likely to use paid sources of information. "There's far less emphasis ...

Super planning remains top adviser focus this EOFY: Podcast

CASSANDRA BALDINI  |  THURSDAY, 15 JUN 2023
BT Financial Group technical consultant Tim Howard says super contribution planning is top of mind for clients and their financial advisers this end of financial year. On a recent podcast episode, Howard told Financial Standard it's not just about ...

OnePath fined over MySuper bungle

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2023
Insignia Financial and OnePath Custodians will pay $1.5 million for failing to direct member contributions to a MySuper product. APRA has fined OnePath Custodians $1.46 million after it was made aware 125 default member contributions were not directed ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
The federal government will scrap a load of administrative burdens and give superannuation funds a larger role in making financial advice more affordable as it announces which out of the 22 Quality of Advice Review recommendations will become a reality ...

Former BBY operations lead sentenced

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... this while knowing BBY was not entitled to draw down $4.4 million on 28 June 2013; draw down an average of $3.53 million each day between November 2014 and February 2015; and retain the additional funding from its overdraft between March and May 2015 ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
Suncorp has signed an Enforceable Undertaking with the Fair Work Ombudsman and reimbursed its staff with a back-payment of $32 million, inclusive of interest and superannuation. Suncorp underpaid nearly 16,000 employees between May 2014 and March 2022. ...

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... and chief executive Helen Lofthouse today unveiled the exchange's priorities in the near term at its inaugural investor day, as ASIC releases the first of three special reports designed to keep its operations, security, continuity, and governance ...

ESSSuper reduces admin fees, renews insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2023
ESSSuper is reducing administration fees and plans to rebate some of this financial year's admin fees, citing efficiencies gained through outsourcing administration. Meanwhile, it has also signed a new group insurance contract. Currently, ESSSuper ...

ASIC issues first-of-its-kind stop order

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
Mitrade Global has been hit with the first stop order to be issued under the design and distribution obligations' (DDO) failure to take reasonable steps provision, with the order relating to its distribution of contracts for difference (CFD). The stop ...

JPMorgan developing investment advice AI

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
... anticipate regulations, and promote trust with clients, customers, and communities. In line with this, during the banks Investor Day Conference, chief information officer Lori Beer noted that an interdisciplinary team assists in assessing risks and building ...