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Showing 741 - 750 of 9057 results for "People"

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... dignified retirement" for over 1.2 million low-income workers. "... enhancing LISTO offers a powerful widespread impact for people's retirement outcomes," she added. Assistant treasurer and minister for financial services Stephen Jones told Financial ...

UK regulators propose framework for workplace pension schemes

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... greater scrutiny and competition. FCA executive director of markets and international Sarah Pritchard noted that 16 million people save for their retirement into defined contribution schemes and said the regulator wants to see a focus on "long-term value ...

Industry demands action to stop abusers claiming victims' super

ANDREW MCKEAN  |  THURSDAY, 8 AUG 2024
The superannuation sector's biggest bodies are calling on the government to introduce legal reforms that would prevent family violence abusers from being able to access their victims' super. Existing laws permit abusers to claim an abuse victim's ...

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
... inflows. "AMP has been dedicated to creating a new model for our advice business to provide certainty for AMP advisers and our people. We believe this partnership achieves our goals and is the right strategic fit," AMP chief executive Alexis George said. ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... reduction in the cash rate doesn't align with the board's current thinking," Bullock said. "I understand that this is not what people want to hear. I know there are many households and small businesses that are struggling with interest rates where they ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... SMSF, and then invest it in highly speculative schemes tied to Hewish. "[UGC] used a client onboarding process that lured people into investing their retirement savings in UGC-related products by having calls made to prospective clients using details ...

'Unrealistic overconfidence' major issue for new advice clients

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... motivation, ease, and context are three key drivers in defining 'value for money' for new clients. The research found 71% of people considering advice want an adviser they can trust. It found prospective clients need to feel confident in the integrity ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
... this year about lenders' handling of applications for hardship assistance," he said. "Lenders should respond quickly when people start to experience financial difficulty, providing appropriate support that's tailored to the individual. We don't want ...

New shadow assistant treasurer's vision for advice, super

ANDREW MCKEAN  |  WEDNESDAY, 31 JUL 2024
... wouldn't be reinventing the wheel," Howarth said. He also explained that an accumulation of regulations is hurting people, making it difficult to provide "simple advice" to young Australians. He said there's very little financial literacy among ...

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... their lives," Schubert said. "That's because rents, mortgage repayments, stamp duties and rates would all rise - and people would lose a mountain of money from their super at retirement. "It would make life harder financially for young Australians ...