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Showing 921 - 930 of 7369 results for "System"

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
The Greens will propose changes to the government's Paid Parental Leave Bill (PPL) to ensure that superannuation is paid on PPL from July 1 this year. Earlier this month, the government announced that the PPL scheme will include superannuation guarantee ...

UK manager recruits Australia head

ELIZABETH FRY  |  FRIDAY, 15 MAR 2024
BlueCove Investment Management has hired a former Morgan Stanley executive to represent it in Australia. The London-based systematic bond fund manager has appointed Ty Thurgood as its local head of sales. Thurgood joined Morgan Stanley from Eaton Vance ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... population and 10 to 20 smaller niche providers and platforms "providing a unique offering." "The Australian superannuation system is moving toward a market state similar to the Australian banking system. The banking sector has a few large participants ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
The Australian Financial Complaints Authority (AFCA) said it helped secure more than $40 million in refunds for hundreds of thousands of consumers between July and December 2023. AFCAs Systemic Issues Insights Report revealed the 139,011 consumers received ...

Advanced ETP portfolios come at higher cost, complexity

ANDREW MCKEAN  |  THURSDAY, 14 MAR 2024
Investors can opt for a more advanced portfolio of exchange-traded products (ETPs), but this comes with increased fees and complexity. According to Rainmaker Information, constructing a balanced portfolio with intermediate ETPs, which target systemic ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
... salary history and that all job adverts be legally required to include salary bands "as both play a role in perpetuating a system where women are paid less than men." It's also been recommended that all companies with more than 50 employees be required ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... which will be administered by Treasury, is a rolling 24-month forward program of regulatory initiatives. Based on the UK's system, the grid affects the banking, credit, insurance, superannuation, investment, payments, and capital market entities. ASIC ...

Bitcoin hits fresh high as investors await halving event

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
... expected in April this year. The halving is coded to occur every 210,000 blocks and halves the reward Bitcoin miners get. This system ensures a supply cap of 21 million Bitcoin. Jonathon Miller, Kraken Australia managing director, said optimism around ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... Aged Care Quality and Safety, the taskforce was established last year to determine the best means of funding the aged care system. Australia's aged care bill is on the rise, coming in at $27.1 billion last financial year, and predicted to reach $42 ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... comes as the Senate economics committee prepares for a hearing into consumer experiences and choices in the retirement system, which will examine the Coalition's policy. SMC said pouring retirement savings into housing would inflame an already-inflated ...