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Showing 61 - 70 of 4424 results for "Poor"

Classic 60/40 approach underdelivers for women retirees

JAMIE WILLIAMSON | TUESDAY, 14 OCT 2025

... retires, their starting balance and spending needs. "Portfolios for both men and women are hit hard if investment returns are poor in the first years of retirement, but since women's balances are typically smaller, their portfolios are likely to deplete ...

ASIC targets funds over 'disappointing' retiree communications

ELIZA BAVIN | TUESDAY, 14 OCT 2025

ASIC has slammed superannuation trustees for poor retirement communications practices, finding that many funds are missing opportunities to engage with members throughout retirement and provide more meaningful support. ASIC's review, Report 818 From ...

Full automation key for business success, but not investments

MATTHEW WAI | WEDNESDAY, 8 OCT 2025

... to reduce the manual effort (and cost) of compliance and reduce the risk of human error that could lead to violations or poor client outcomes."

Perpetual dumps 23m Myer shares

ELIZA BAVIN | FRIDAY, 26 SEP 2025

Perpetual, one of Myer's largest shareholders, sold around 23 million shares after the retailer's poor results this week. Myer's share price fell as much as 30% after announcing its full year results on Tuesday. The embattled retailer reported a fall ...

Zenith names portfolio solutions lead

KARREN VERGARA | TUESDAY, 16 SEP 2025

... clients. Yap reports to investment director Damien Hennessy. Before Zenith, Yap was the head of multi-asset at Standard & Poor's for more than three years and spent nearly a decade at Pitcher Partners as a senior research manager. Yap commented: "While ...

Cbus vows faster death benefit payouts

KARREN VERGARA | TUESDAY, 16 SEP 2025

... failures in death benefit claims handling is a systemic, industry-wide issue. ASIC exposed examples of excessive delays and poor service, gaps in trustee data and reporting, and inconsistencies in some trustees' processes and procedures, saying that ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI | TUESDAY, 16 SEP 2025

While the Institute of Public Accountants (IPA) supports sensible reforms to make superannuation "more equitable", it - like many industry bodies - believes the taxing of unrealised capital gains and the lack of indexation can pose compliance challenges ...

CSLR a 'shared responsibility' for all AFCA members: SMSFA

MATTHEW WAI | THURSDAY, 11 SEP 2025

... Ultimately, Burgess believes the CSLR's objective remains valid for those needing to access financial compensation due to poor or negligent financial advice, claiming that the scheme will uplift consumers' trust and confidence in the sector ...

Fewer global equity managers underperform: SPIVA

KARREN VERGARA | TUESDAY, 9 SEP 2025

... of the S&P World Index by index weight at the year's starting point, but less than 70% by count; the US stocks' relatively poor performance enabled a larger number of non-US stocks to outperform the index," the report shows. Some 57% - an "unusually ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA | FRIDAY, 29 AUG 2025

... Of the products that failed, five of them did so due to a combination of high administration fees and costs and relatively poor investment strategy implementation. Overall, median fees and costs for members were lower across all product types. MySuper ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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