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Showing 1 - 10 of 8068 results for "Day"

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... Wealth Management Companies to the Senate Economics References Committee, is expected to provide a report by the last sitting day of March 2025. The committee is currently reviewing the submissions, which were due on November 1. In an update on its progress ...

AI no silver bullet for advice process, documentation: Experts

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
... Carter, who helps advisers with technology solutions. Carter told the Financial Advice Association Australia (FAAA) Congress on day two that advisers need "to be careful" with how AI is used. This includes all advice firm employees taking data and feeding ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... (FAAA) warns in anticipation of the looming Delivering Better Financial Outcomes (DBFO) Tranche 2 reforms. Addressing the first day of the 2024 annual Congress, FAAA chief executive Sarah Abood proposed some ground rules around the advice NCAs should ...

HPI calls Hostplus, Charter Hall takeover 'cheap'

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
Hostplus and Charter Hall have again extended their offer period to take over Hotel Property Investments (HPI), which pleaded with shareholders to reject the "cheap" and "half-empty" deal. HPI told shareholders that "$3.785 will be lucky to buy you ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... worse for Division 296, the Coalition is vehemently opposed to the measure. "Could this bad policy never see the light of day? Hopefully. Then a new government could design superannuation policy that is fair on all sectors, not just favouring those that ...

Former Western AM investment chief charged for 'cherry-picking'

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
... to other portfolios. The SEC believes Leech placed trades with brokers and would routinely wait until later in the trading day to allocate the trades among clients in the portfolios he managed. Throughout the delay between placing and allocating trades ...

Bell Financial takes lead on SelfWealth takeover

KARREN VERGARA  |  MONDAY, 25 NOV 2024
SelfWealth is forging ahead with Bell Financial Group's (BFG) takeover of the trading platform as the latter raises its bid price to edge out its competitor. The two parties entered a scheme implementation deed in which BFG raised its bid price to 25 ...

Performance the best member retention tool: Mine Super

MATTHEW WAI  |  FRIDAY, 22 NOV 2024
... it is "a good fund, that's why you should continue to support us, because we will support you too." "At the end of the day, superannuation is all about delivering that member benefit... and their money back to the membership," Nair said. "I think ...

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
The shadow minister for financial services Luke Howarth has called on attendees to the ASFA conference to put pressure on the Albanese government to legislate reforms from the Quality of Advice Review (QAR). "Sadly, the Labor government has been slow ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... all businesses." Currently, employers must pay SG contributions into employee accounts at least quarterly and by the 28 th day of October, January, April, and July. However, from 1 July 2026, employers will have to pay superannuation alongside wages. ...
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