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| | | ... judgement. In handing down his decision, Justice Beach made note of the fact the unlawful deduction of amounts from member accounts eroded their super balances. The commissions charged totaled $9 million, ASIC said, with deputy chair Sarah Court adding ... |
| | | | ... across their investment performance, fees, insurance, operations, and extra services. The 193 products rated AAA in 2022 accounts for 28% of those assessed. It is also fewer products than the 198 which received the AAA rating in 2021. Funds that received ... |
| | | | ... in the Federal Court against Macquarie Bank Ltd over alleged failures to monitor third party withdrawals from customer accounts. The corporate watchdog said that limited monitoring by Macquarie of transactions made through its bulk transaction system ... |
| | | | ... the firm's newly launched Investor Insights series, Vanguard's Personal Investor platform saw a64% increase in accounts who were depositing during the Delta lockdowns in 2021. The series provides observations dedicated to understanding what drives ... |
| | | | ... investors can enter a maximum of three times per day. Investors with individual, trust, company, SMSF and minor trading accounts are also all eligible to enter. The offer is not applicable to members of Superhero's retail super offering. The giveaway ... |
| | | | ... alleged that CFS deliberately delayed transferring super fund members to the cheaper MySuper products, and left them in accounts with unnecessarily high fees, bearing the cost of commissions to financial planners, and receiving lower investment returns. ... |
| | | | ... all metrics measured. APRA looked at the three sustainability metrics in the 2021 MySuper and Choice heatmaps; member accounts, cash flows and rollovers. The regulator found administration and operating expenses for super funds with less than $10 billion ... |
| | | | ... veterans, carers, welfare recipients and concession card holders will receive a one-off payment of $250 in their bank accounts which will be automatically rolled out in April. According to Treasurer Josh Frydenberg, the tax-exempt payment along with ... |
| | | | ... also access calculators and tools, track their spending, and access low-cost diversified superannuation and investment accounts through Scientiam. "Many advisers are grappling with how to profitably service segments of their client base and, beyond that ... |
| | | | ... wants to see the annual superannuation cap replaced with a lifetime contribution cap and provided for joint spousal super accounts. "The superannuation 'glass ceiling' is real, and these two steps could go a long way to making things fairer for women ... |
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