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Showing 691 - 700 of 7362 results for "System"

World on the brink: Frontier Advisors

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
... Geopolitical pressures, meanwhile, particularly the rivalry between the US and China, are shifting globalisation from a unified system to more fragmented blocks. Efforts by both powers to diversify supply chains and secure technological sovereignty are ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... interplay between regulation and the prevalence of financial abuse revealed numerous legislative holes in the superannuation system. In its final report, Financial abuse: An insidious form of domestic violence, the committee recommended the Superannuation ...

Permanent disablement claims for mental health explodes

ANDREW MCKEAN  |  THURSDAY, 5 DEC 2024
Total and permanent disability (TPD) claims because of mental health for Australians aged 30 to 40 increased by 732% over the past decade, according to a new report by KPMG, commissioned by the Council of Australian Life Insurers (CALI). Although the ...

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
An independent review by Deloitte has found little evidence to suggest Cbus' pricey relationship with the CFMEU is in the best financial interests of members. It also found the fund's processes for determining the propriety of board directors ...

MSC Trustees names general manager

ELIZABETH FRY  |  MONDAY, 2 DEC 2024
... service to its wider offering. "As part of the integration, we've also commenced a full upgrade of our NavOne software system, backed by Quantios. This will provide the backbone of software infrastructure across both our trustee and custody businesses ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
As the number of AFSL cancellations pile up due to the non-payment of Australian Financial Complaints Authority (AFCA) determinations, far too many financial services firms are taking advantage of the Compensation Scheme of Last Resort (CSLR), treating ...

Magellan launches third Vinva fund

ELIZA BAVIN  |  MONDAY, 2 DEC 2024
Magellan Asset Management has launched the Vinva Australian Alpha Extension Fund, which it said provides exposure to a 130:30 long-short strategy designed to provide investors with enhanced returns through a systematic and diversified approach. Leveraging ...

$3m super tax faces axe, pushed to 2025

MATTHEW WAI  |  MONDAY, 2 DEC 2024
The failure of the government to pass its proposed $3 million superannuation tax last week may well see the measure abandoned. The Division 296 tax could be shelved until after the next federal election, missing out on the opportunity to pass during ...

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... agreed objective of super in law supports more stable, effective and equitable policy settings and reinforces the strong system fundamentals needed to successfully evolve the system." Reinforcing this, Association of Superannuation Funds of Australia ...

Self-regulation on the cards: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... calendar year. One new solution the FAAA recently introduced is recognising financial planning students through the migration system to offer a path to permanent residency. Jobs and Skills Australia shows the country is in need of "financial investment ...