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Showing 1 - 10 of 3663 results for "Means"

AFCA finds more Dixon Advisory victims

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... 2023. The terms of the cancellation require Dixon Advisory to maintain membership of AFCA until at least 8 April 2024. "This means it will still be possible to lodge a complaint with AFCA, because Dixon Advisory remains a member, until at least that ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... suggested either increasing the cap to $100,000 or $150,000, or removing the cap altogether. "Rampant inflation under Labor means that the Committee has had to re-examine previously proposed thresholds and caps, to ensure the policy can be effective ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... combined valuation of $1.5 billion or $13.60 per share, for the wealth management and corporate trust businesses. "This means that for the deal to be accretive to our fair value estimate, associated costs and taxes need to be below $630 million. While ...

Advisers must unite for major reforms: SIAA

KARREN VERGARA  |  THURSDAY, 9 MAY 2024
... reforms," she told Financial Standard. "I think it's a meaningful and important approach to take to this change, because it means that we can be a unified voice to the extent that we find those similarities and our chance of then implementing the ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... processes to ensure they are not benefiting at their expense. "This does not mean trustees need to check every SOA, but it means they should have processes in place to identify practices that may be resulting in superannuation balance erosion, including ...

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... with an account balance over $500,000. "For Super Savings members with a percentage administration fee of 0.10% p.a., this means the maximum percentage administration fee you'll pay each year will reduce from $800 p.a. (0.10% x $800,000 balance) to $500 ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... security concern in time," he said. Foreign investors are being warned that they will pay their fair share of tax. This means the government releasing updated guidance about tax arrangements that will attract greater scrutiny particularly for those that ...

How to win in today's wealth management industry: EY

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
... outperformance in asset and revenue growth, requiring a blend of strategic, operational, and tactical initiatives. It also means new approaches to client acquisition, activation and development, stronger brand differentiation, and opportunistic hiring ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... cyclical industries like oil or banking. That flexibility explains why buybacks are more volatile than dividends. It also means there is no real evidence that buybacks are taking over from dividends," Lofthouse said. Lofthouse said higher interest rates ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... early to talk about enforcement strategy, that should not be taken to mean it's too early to be prepared," he said. "This means considering and putting into place the systems, processes and governance practices that will be required to meet new climate ...
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