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Showing 821 - 830 of 4761 results for "Run"

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... Peter Johnston said. "Why 'pop gun'? As with all other ASIC actions against banks, no person is ever banned [they run and hide in another department], ASIC get a headline, bank shareholders pay the fine and behaviour does not change." Johnston ...

GQG Partners launches income strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 DEC 2021
... should help our clients protect on the downside during periods of market volatility and compound their wealth over the long run." GQG managing director Australia Laird Abernethy added that the strategy is expected to be attractive to Australian investors. ...

FPA overcharges members

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
The Financial Planning Association of Australia has admitted to overcharging members but declined to reveal exactly how much. The FPA blamed an administrative error that incorrectly charged a higher fee for a small number of members who upgraded their ...

Retirees require 3.3% drawdown: Research

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... while adjusting for inflation. "Lowering the withdrawal rate to 3.3% is a conservative measure in a zero-sum game - you either run out of money before you die, or you don't. However, the fact of the matter remains that the low-return environment requires ...

AMP advances demerger

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
... accelerate the transformation of the financial advice business. PrivateMarketsCo's simplification is on track to achieve a run-rate cost base of $300 million by FY23. It will also try to grow its client base via a newly established global client ...

Future2 commits over $1.5m in grants

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
Future2, the foundation of the Financial Planning Association of Australia (FPA), has announced the awarding of $148,600 in new grants to 15 not-for-profit organisations in 2021. Future2 has now committed over $1.5 million in grants since its inception ...

Default super delivers best performance in 34 years

KARREN VERGARA  |  MONDAY, 29 NOV 2021
... pre-retirees aged in their 50s and 60s, there would hardly be any differences between these MySuper product styles and long-run outcomes," Rainmaker found.

New role for Ian Silk

ELIZABETH MCARTHUR  |  FRIDAY, 26 NOV 2021
Long-serving AustralianSuper chief executive Ian Silk has taken on a new role with a consulting firm. He has joined KPMG Australia as a special adviser. In the part-time role, Silk will advise KPMG clients on environmental, social and governance issues. ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies. The Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 currently sits before the house, containing the ...

Are managed accounts living up to the hype?

ELIZABETH MCARTHUR  |  THURSDAY, 25 NOV 2021
... real maturity now in the managed accounts landscape... we look for expertise in certain areas, we don't let just anyone run a managed account - it can be a dangerous vehicle in the wrong hands - they have to have the right governance, and that maturity ...