Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 3516 results for "Accounts"

Caddick SMSF clients should recoup all funds: Lawyer

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... "Those documents have been shown by the receivers to be fraudulent," Chapman points out. "Among other things, the CommSec accounts did not have the right number of digits. Authentic accounts usually have eight digits, while Caddick's accounts had ...

New enhancements to Expand, CFS Edge

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
... enhancements to the Expand Essential menu are expecting in April next year, including a full suite of separately managed accounts (SMAs). Elsewhere, the Accelerate Series, now available on CFS Edge, combines reduced investment fees with discounted administration ...

Hostplus ups fees on socially responsible option

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... external managers. "Though the performance fees are higher, it means these investments have added value to members' accounts overall," Hostplus said. In the year to June 30, the option achieved a return of 7.85%. Its return target is rather conservative ...

How young Australians are missing out on better super returns

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
... longer time horizons of young investors. Notably, Australians under the age of 40 account for over 10 million MySuper accounts, indicating an investment timeframe of 25 to 40 years before their superannuation becomes accessible. "The problem of being ...

ANZ fined $900k over shares disclosure failure

CHLOE WALKER  |  MONDAY, 11 DEC 2023
... fined $15 million by the Federal Court for misleading customers over the funds available to them in select credit card accounts. "ASIC will continue to take action against banks who fail in their duty to act efficiently, honestly and fairly in dealings ...

GSFM to distribute Access Capital Partners offering to HNWs

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
... investments, secondary transactions and direct co-investment opportunities through dedicated vehicles and segregated accounts. Key drivers of value are pricing discipline, controlled levels of leverage, combined with turnover and EBITDA growth, achieved ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
... super fund choice. The intent of the change was to reduce the likelihood of people unintentionally having multiple super accounts - a worthy goal - however one of the side effects of this change is that Qantas Super will not grow its new membership as ...

Retirement phase of superannuation consultation opens

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... protection (such as a deferred guaranteed income stream that commences later in life), forward-planned income stream that accounts for the member's preferences (such as higher income at earlier ages), and an investment allocation that adjusts the investment ...

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
The SMSF Association and Chartered Accounts ANZ (CA ANZ) have urgently called for the rejection of a newly proposed bill that would double tax on many Australians superannuation earnings. Yesterday in Parliament, assistant treasurer Stephen Jones introduced ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... be charged," the documents state. "In that regard, once the adviser service fees were deducted from the members' accounts, they were paid over to the relevant advisers who were not employed by the trustee." The court recognised that OnePath expressed ...