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Showing 71 - 80 of 1473 results for "Recommended"

Former adviser sees ban reduced

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... there were instances of inappropriate advice and failures to comply with the additional requirements of advice which recommended the replacement of one product with another. In reducing the period and the scope of the banning, the AAT formed the view ...

ASIC takes civil action against Firstmac

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... target market." It added that the investment timeframes for term deposits ranged from 30 days to two years, whereas the recommended investment timeframe for High Livez was a minimum of three years up to five years. The TMD indicated that customers seeking ...

Gender diversity in investment management slightly improving: Report

CHLOE WALKER  |  FRIDAY, 16 DEC 2022
... inequality can be one of the factors contributing to the gap's persistence. "Undertaking a pay equity audit is a recommended practice for Australian employers who care about reducing the gender pay gap, as it allows a more informed assessment of ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... out is dead, but never should have been proposed in the first place." Bragg added that the amendments the opposition recommended and introduced will ensure that all MySuper products are held to the same performance standard. "The purpose of the performance ...

Affordable housing investments a win-win: ISA

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
... a crucial first step needed to get investments rolling, but to create the necessary pipeline of projects, Frontier recommended the government create clear planning requirements that mandate social, and affordable housing components on new developments. ...

New rules on the way for BNPL sector

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
... Counselling. Further, the ASIC funding model would need to be extended to account for regulating the sector and, as recommended previously by the Reserve Bank of Australia, payments surcharges should be introduced to promote a more level playing field ...

YFYS manipulation leaves members worse off: ISA

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
... APRA regulated products - including choice products and those in the retirement phase as soon as possible. It also recommended amending test outcomes so that funds either fail, pass, or exceed the benchmark, with only funds that exceed benchmarks not ...

Stapling's consequences must be addressed: Cbus

ANDREW MCKEAN  |  MONDAY, 14 NOV 2022
Cbus has recommended that the stapling provisions in Your Future, Your Super (YFYS) laws be urgently addressed to reverse the uninsurance risk for workers in hazardous occupations. In its submission, Cbus said stapling reforms have led to many members ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... Pension which has in-built inflation protection, and a traditional defined benefit pension. Alternatively, the report recommended a guaranteed CPI-linked lifetime annuity that pays retirees an income stream for the rest of their life that adjusts in ...

Cultiv8, Fidante launch agriculture, food tech fund

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
... growth and sustainability and will have a target size of $100 million with gross return target of 20% per annum over a recommended nine-year period. The portfolio is comprised of 20 to 30 seed to series B investments in Australian and global Agri-Food ...