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Showing 981 - 990 of 4071 results for "PAI"

Equal Pay Day offers sobering reminder

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
This Equal Pay Day has provided a reminder that many Australian women will face financial hardship - especially in old age - if equality of pay is not addressed. The gender pay gap in Australia grew over the last year, Aware Super chief executive Deanne ...

Zurich introduces gender affirmation leave

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Zurich Australia and New Zealand has strengthened its support for LGBTQ+ workers by introducing gender affirmation leave. Zurich's new gender affirmation policy provides transgender and gender diverse team members access to assistance if they choose ...

Lockdowns see uptick in advice seekers

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
New figures have revealed that Australian families are feeling the pressure of lockdowns, with more enquiries about divorce and an increase in those seeking financial advice. The figures come from The Separation Guide, a service which brings together ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
The federal government has announced the ASIC levy paid by financial advisers will revert back to 2018/19 levels for the next two years, saving the sector at least $46 million. The levy will be restored to $1142 per adviser, as was charged in 2018/19 ...

Cbus changes insurance premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 AUG 2021
The industry superannuation fund has informed members the premiums they pay for death and total and permanent disablement cover is changing. Cbus has issued new premium prices across its manual, electech, non-manual and professional categories which ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
ASX-listed Mainstream reported $65.6 million in revenue for FY21, up 18% from the previous financial year. The firm said all revenue growth was organic and driven by demand in Australia, Asia and the United States. Operating EBITDA rose 27% to $20.4 ...

NAB fined $18.5m over misleading fee disclosure

JAMIE WILLIAMSON  |  THURSDAY, 26 AUG 2021
The big four bank has been ordered by the Federal Court to pay $18.5 million for misleading fee disclosure statements in relation to personal financial advice, in what is the first penalty imposed by the court for such failures. The court found NAB ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
Over 200 actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing ...

Perpetual LIC turns around performance

ANNABELLE DICKSON  |  FRIDAY, 20 AUG 2021
The Perpetual Equity Investment Company (PIC) delivered its strongest net operating profit result to date at $108.4 million and outperformed the benchmark by 13.9%. The turnaround in profit comes after PIC delivered a negative net profit in FY20 at ...

New role for Future Super co-founder

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
The former chief executive and co-founder of Future Super has a new role with a green financier. Kirstin Hunter has been appointed chief people, risk and legal officer at Brighte. Brighte is a green financier which last year raised $100 million led ...