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Showing 741 - 750 of 4007 results for "Accounts"

Corporate super plan seeks merger partner

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
... members) until the transfer," Alcoa said. In determining sustainability of the fund, APRA looked at the number of member accounts, cash flows and rollovers. Alcoa failed on all three, seeing declines across all metrics.

Australian Ethical lowers fees

ANDREW MCKEAN  |  FRIDAY, 2 DEC 2022
... Australian Ethical has reduced the dollar-based administration fee for all its super, transition to retirement and pension accounts, as well as the management fee on some of its funds. Regarding super fees, Australian Ethical dropped its conservative ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... against the revised RG97 standards. However, Crescent Wealth conceded that for a "relatively" small number of member accounts with very low balances, Equity Trustees is currently working to determine the effect of the incorrect reporting of indirect ...

Colonial First State adds 17 new funds to FirstChoice platform

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... heart of the advice tech stack, bringing together the software that sits inside advisers' practices, with managed accounts at its core. "CFS Edge integrates seamlessly into the advice technology stack, unifying business technologies through advanced ...

ASIC case against Commonwealth Bank dismissed

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
... with the bank. It found almost $55 million in fees were charged to nearly one million customers and more than 800,000 accounts. In relation to the fees incorrectly charged and recorded on a customer's bank statement, the court said the only representation ...

Pension fund buys up iconic Aussie vineyards

CHLOE WALKER  |  TUESDAY, 29 NOV 2022
... owns wine brands including yellow tail, Peter Lehmann Wines and Morris of Rutherglen. It's flagship brand, yellow tail, accounts for approximately 17% of all Australian exported wine. Casella said it has plans to grow its wine business in both Australia ...

AustralianSuper botches major tech upgrade

ANDREW MCKEAN  |  TUESDAY, 29 NOV 2022
... has recently implemented an upgrade to its member portal and app, but some members can't access or transact on their accounts. Last week, the fund said it had identified that some pension payments hadn't been made correctly due to an error with the calculations ...

Financial advice adds $150k in retirement: Analysis

JAMIE WILLIAMSON  |  TUESDAY, 29 NOV 2022
... recorded nearly 2.5 times greater voluntary contributions; and consolidated twice the average amount of super from other accounts. Aware Super said the research is the clearest picture year of the value of financial advice. "We've known through our Voice ...

Colonial First State debuts 'major wealth platform innovation'

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
... heart of an advice tech stack, bringing together the software that sits inside advisers' practices, with managed accounts at its core. "CFS Edge integrates seamlessly into the advice technology stack, unifying business technologies through advanced ...

New rules on the way for BNPL sector

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
... options paper for consultation. According to minister for financial services Stephen Jones, the number of active BNPL accounts grew from five million to seven million last financial year. The bulk of these are held by people aged 18-34. Jones said that ...