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Showing 821 - 830 of 6718 results for "Ong"

Poor financial literacy worsens underinsurance problem

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
Australia's poor level of financial literacy is potentially making the underinsurance problem worse and puts women further behind, according to MetLife. The life insurer looked at the impact of financial literacy on Australians' financial health ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
National Advice Solutions was convicted in a Queensland court for cold-calling consumers and trying to convince them to switch their super fund, copping a $70,000 fine. National Advice Solutions' AFSL was cancelled in December and its two responsible ...

abrdn terminates funds amid transition

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2023
abrdn is terminating five funds as part of the consolidation of the local business, key to which is its recent partnership with SG Hiscock. The fund manager has confirmed it will terminate a raft of funds on or around March 15, including some of its ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
The government has released a draft objective for superannuation to deliver sustainable retirement income. The proposed objective, which is open for consultation, is to preserve savings to deliver income for a dignified retirement, with government support ...

AOF sells Sydney property for $80m

JAMIE WILLIAMSON  |  FRIDAY, 17 FEB 2023
As part of its ongoing value maximisation strategy, the Australian Unity Office Fund (AOF) is offloading a Macquarie Park property for $80.75 million. The sale price for 5 Eden Park Drive represents a 1% premium to the June 2022 independent valuation ...

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
Experienced financial advisers working across major cities are earning as much as $150,000 per year, significantly more than their counterparts in smaller and regional hubs. According to consulting firm Business Health, which canvassed nearly 100 advice ...

Government housing measures progress

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
The legislations to create the $10 billion Housing Australia Future Fund that will deliver 30,000 affordable homes has passed. Minister for Housing, Julie Collins confirmed the legislation to deliver the single biggest investment in affordable and social ...

Former Big Un chief charged with insider trading

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
Richard Evans could face up to 10 years in prison following ASIC allegations that he communicated inside information about the former ASX-listed company. Evans, also known as Richard Simon Evertz, was represented by his lawyer in the Downing Centre ...

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
Netwealth has reached $62.4 billion funds under administration (FUA) and posted record earnings in its H1 FY23 results. Netwealth's FUA grew 10.2% to the prior corresponding period (pcp). The company's underlying EBTIDTA, excluding non-cash share-based ...

ASIC acts to combat financial inequality for First Nations people

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
ASIC has published an Indigenous Financial Services Framework to support positive financial outcomes for First Nations people. The Framework's development is the result of extensive consultations with stakeholders, including First Nations people, financial ...