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Showing 871 - 880 of 3801 results for "APPEA"

Australia sweeps pension market rankings

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
Australia is the most successful pension system among developed countries, according to Wills Towers Watson. The firm's Thinking Ahead Institute 2021 Global Pension Assets Study said Australia's thriving pension system boasts an 11.3% per annum ...

Financial services sees improved mental health

ELIZA BAVIN  |  MONDAY, 15 FEB 2021
Despite the trials and tribulations brought on by COVID-19, those working in the financial services industry overall saw an increase in mental health, according to SuperFriend. The financial and insurance services industries climbed from sixth place ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
With just 65 new names appearing on the ASIC Financial Adviser Register in 2020, the rapid decline in adviser numbers has industry experts calling for a wage subsidy to incentivise advice practices to take hire graduates. In its pre-Budget submission ...

Financial sector has deep pockets for philanthropy: Report

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
A new philanthropic report finds that ASX-listed financial firms were among the largest donors that gave generously to the coronavirus and bushfire appeals. An analysis by Strive Philanthropy found the largest ASX-listed companies pledged $1.1 billion ...

Ponzi schemer succeeds at appeal

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
A die-hard Collingwood Magpies fan who, with his wife, scammed friends they met through the football club of over $1 million, has had success at appeal. Douglas Johnston, together with his wife Maureen Johnston, were found by ASIC to have run a dodgy ...

BetaShares to launch new fund

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
The exchange-traded fund (ETF) provider is set to launch a cloud-computing ETF later this month as it continues to build out its technology offering. The BetaShares Cloud Computing ETF (CLDD) will invest in companies that have taken advantage of the ...

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
The best financial interests duty reform has major loopholes and lacks guidance from regulators, leading to major confusion for superannuation trustees. The fourth element of the proposed Your Future, Your Super reforms should be abandoned, according ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
"Anything worth doing is worth overdoing. Moderation is for cowards." - Shane Patton Did current US Treasury Secretary Janet Yellen (under Biden's administration) just call former US Secretary Lawrence Summers (under Clinton's) a coward? I refer of ...

ASIC suspends RE licence

KARREN VERGARA  |  MONDAY, 8 FEB 2021
The corporate regulator has suspended the AFSL of a responsible entity that oversees a property and mortgage fund for breaching several compliance and reporting obligations. The licence of Queensland-based financial services provider Investors Exchange ...

IOOF subsidiary loses appeal

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
IOOF is set to pay tens of millions in compensation after losing an appeal involving its subsidiary Australian Executor Trustees (SA) Limited. The Court of Appeal dismissed AET's appeal against a decision made by the Supreme Court of New South Wales ...