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Showing 921 - 930 of 4007 results for "Accounts"

Aussies in the dark over super stapling

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... government to ban occupational exclusions from default life insurance in super. "Stopping the scourge of costly duplicate accounts will ultimately lead to bigger retirement savings for people, but without action from Parliament there is a risk some people ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
By most accounts, Jacinda Ardern's island has succeeded in combatting the coronavirus pandemic. As at October 26, worldometer.com data showed that New Zealand ranked among one of the countries in the world with the lowest case of COVID-19 infections ...

APRA to weed out underperforming choice products

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... to deliver quality, value-for-money outcomes, APRA expects to see the same types of improvements for the 34% of member accounts in the choice sector," she said. Choice products make up 46% or $859 billion (based on 30 June 2020 figures) of the APRA-regulated ...

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... blue collar industries (40%) or hospitality. Younger workers were also the cohort most likely to withdraw from their accounts under the Early Release of Superannuation scheme last year, with 82% of those who did being under 35 years of age. About 1.7 ...

LGIAsuper, Energy Super change fees

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... extra $52 a year doesn't seem like a lot of money, removing the weekly administration fee will leave more in members' accounts to grow for their retirement," chief executive Kate Farrar said. "We were already making headway for members prior to removing ...

ASIC looks to extend CFD intervention

ELIZABETH MCARTHUR  |  TUESDAY, 19 OCT 2021
... million in the year prior to the product intervention order. There were also reportedly 45% fewer loss-making retail client accounts compared with the quarterly average in the prior year, whereas the number of profit-making retail client accounts reduced ...

Shaw and Partners awards tech mandate

ANNABELLE DICKSON  |  MONDAY, 11 OCT 2021
... solution, LABform, to support financial advisers and desk assistants to originate domestic and international equity trading accounts for their clients. LAB Group also activated additional products to facilitate digital onboarding for clients to Shaw ...

Sustainable SMAs added to Macquarie Wrap

JAMIE WILLIAMSON  |  FRIDAY, 8 OCT 2021
Six separately managed accounts from Dimensional and Pendal have been made exclusively available on Macquarie Wrap. The Dimensional Sustainability Balanced Model Portfolio, the Dimensional Sustainability Growth Model Portfolio and the Dimensional Sustainability ...

Charter Hall Direct bolsters distribution team

ANNABELLE DICKSON  |  THURSDAY, 30 SEP 2021
... taken on the role of state distribution manager for New South Wales from Macquarie Group where he was head of managed accounts and digital portfolio management. He also spent over five years in business development roles at Macquarie including associate ...

Failing Asgard super option to close

JAMIE WILLIAMSON  |  WEDNESDAY, 29 SEP 2021
... of members to ASA "arguably one of the most complex seen". "The real story in this member switch is that using managed accounts for superannuation, while an incredibly compelling concept, still has a lot of administrative complications," he said. Both ...