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Showing 61 - 70 of 1070 results for "NOTHING"

Tribel Advisory adopts estate planning solution

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
... visibility over the estate planning process beyond the initial referral, often resulting in sub-optimal outcomes including nothing being done, poor tax outcomes and potential brand damage to the firm. "We are helping advisers reshape the estate planning ...

China to raise retirement age from 2025

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... modelling from the Chinese Academy of Social Studies that found the main state pension fund will run out of money by 2035 if nothing is done. It's estimated China's public pension bill is currently more than 5% of its GDP. For men, the retirement ...

FAAA ramps up Dixon inquiry campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
... calling for a public inquiry, with the association saying a debt of as much as $135 million could be lumped on advisers if nothing is done to rectify the situation. In turn, this would likely force the cost of advice even higher. FAAA chief executive ...

E&P free of legacy issues, FUA jumps 26%

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... advice industry now must pay for under the Compensation Scheme of Last Resort (CSLR). "So seemingly Dixon Advisory did nothing wrong and the parent company has now totally moved on," he said, calculating this will cost each adviser around $8500. Anderson ...

FAAA to work with Treasury on CSLR

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... nor should we." Abood pointed to the Dixon Advisory case - with losses approaching $135 million - saying there is still nothing in place to stop another situation like it in the future. "We believe the Minister has clearly heard these concerns and is ...

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... invest in this scheme by promising exorbitant returns, but as our complaint alleges, the defendants' business was nothing more than a classic Ponzi scheme, using new investor money to pay returns to existing investors, with Burkhalter stealing millions ...

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... large balance threshold amount means, over time, this measure will impact many more ordinary Australians, who have done nothing more than they are required to do under law in terms of meeting their superannuation payments. Leaving this legislation in ...

Advisers call for apology from Super Members Council

JAMIE WILLIAMSON  |  FRIDAY, 14 JUN 2024
... extend the courtesy that this was clumsy rather than deliberate. Regardless, such inflammatory and inaccurate language does nothing to help consumers or anyone else," he said. "Like all professions, there is a very small subset who don't do the right ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
... through a pooled fund. "It seems to me that such a consumer would not draw that distinction..." he said. "... there is nothing in the Impact Reports or on the LGSS website that suggests that the claims that there was, for example, 'No way' Active ...

New platform launches for high-net-worth families

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
... and document family entities, financial institutions, properties, private investments and collectables. But there was nothing in the market that suitably served this purpose." HeirWealth provides individuals, families and professional advisers with visibility ...