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Showing 71 - 80 of 842 results for "Basic"

AI is not a bubble: ECP Asset Management

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
ECP Asset Management principal, investments Justin Warton told Financial Standard that the artificial intelligence (AI) boom is still getting started, despite heightened valuations. "The market has seen this movement towards generative AI, and I think ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... The research found that of those surveyed, two-thirds were worried about running out of money and being unable to afford basic needs in retirement, while 61% were concerned about potential health issues or medical expenses. Half of those surveyed were ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... knowledge about key details. One of the trustees we engaged with was unable to identify whether its administrator undertook basic interventions, such as engaging with members over scams," the letter said. ASIC's review of 15 superannuation trustees ...

SMC pushes for DBFO to curb retiree tax bills

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2025
... retirement. A $200,000 account balance would attract $9000 extra in tax. The SMC believes this is largely the result of a lack of basic financial advice and is another reason the government must act to implement the Delivering Better Financial Outcomes ...

Funds are 'getting back to basics', says report

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
Global public pension funds and sovereign funds are refocusing on generating long-term returns, generally targeting opportunities in private markets, emerging markets, and green assets, according to the Official Monetary and Financial Institutions Forum ...

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... Delivering Better Financial Outcomes (DBFO)- which was previewed earlier this week - is to allow super funds to provide basic financial advice, not to see a repeat of issues raised during the Royal Commission. Speaking to ABC radio, Jones said the problem ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... will create a new class of adviser "to provide safe and simple advice to Australia, such as choosing an insurance policy or basic questions about retirement." This new class of adviser will only be able to provide advice on products issued by prudentially ...

'But for' compensation methodology unfair: FAAA

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
The methodology used to calculate compensation for victims of bad financial advice appears to factor in 'opportunity costs' and has drawn the ire of advisers, calling it "unfair" and "unsustainable" for the industry. The "but for" methodology ...

Top advisers champions in two key areas: Iress

MATTHEW WAI  |  THURSDAY, 21 NOV 2024
... measured in the Index survey. Compared to the benchmark, the top performing advice practices were 45% faster at producing basic SOAs, 48% faster at producing complex SOAs, 60% faster at producing strategy papers and 58% faster at producing review documents. ...

Bragg calls for Cbus to front Senate

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... "Obviously, we wouldn't use that power lightly, so it's something that we're still working through. But the basic point is that they are an organisation which receives enormous benefits by virtue of being a super fund. They need to explain ...