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Showing 841 - 850 of 3701 results for "Though"

Grow Super founder sentenced in betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... Morning Herald reported that Wilson told the court that he has lost $10 million in shares that he had in Grow and StatEdge, though he did not expand on the exact nature of these shares or why he no longer retains them. Wilson made just $1975 on the bets ...

State Super appoints academic oversight body

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
... independent academic oversight body for its investment data science program. The fund said the use of data science is growing, though using insights from more complex machine learning based models requires a strong governance process. In response to ...

OneVue encourages Iress takeover

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
The OneVue board has encouraged shareholders to vote in favour of the takeover proposal put forward by Iress after another shareholder started a campaign against the scheme. In a letter, the OneVue board said it has become aware of recent media coverage ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... sponsors via higher gross returns or lower fees," the research found. Hiring on the basis of performance is problematic too though. The research found past performance had an important influence on the probability of a manager being hired. Moving from ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
Senator Jane Hume has clarified why the government's latest reforms will seek to identify underperforming MySuper products. Hume was speaking at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of ...

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... enforced that criteria and some people may have accessed the scheme that didn't need it and that is a problem. "Again though, it was exceptional circumstances and an exceptional scheme for those who needed it." In addition to talking about super ...

BT head of platforms departs

JAMIE WILLIAMSON  |  WEDNESDAY, 7 OCT 2020
... Kotsopoulos earlier this year, reflecting on her career in financial services and what kept her at BT all these years. "I felt as though I was really helping people and I realised financial health is one of the most important things in life," she said. ...

Aussies want to invest super in property: Research

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
Around half of Australians think property is the most secure and profitable long-term investment, compared with shares, gold, cash and fixed interest, according to new research. The survey found that 41% of Australians would invest their superannuation ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... JobSeeker income support was $34 billion. The $34 billion for the unemployed will not be the largest social security expense, though. The largest expense in social security is assistance to the aged at $77.9 billion. Supporting the elderly was also the ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... 2020-21. The government said the sharp contraction in the June quarter reflected a "pre-existing" slowing in activity, though exacerbated by COVID-19 lockdowns. Further declines are expected in the September quarter as commencements continue to slow ...