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Showing 1 - 10 of 15642 results for "industry"

Rest calls for removal of minimum work hours for super

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
... every young Australian can engage with and benefit from our super system from the day they earn their very first dollar." Industry modelling found the change could have a positive financial impact on young Australians, with the average under-18-year-old ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... of the Financial Services Royal Commission and the horror of 'fees for no service'. Right now, some within the industry are calling for the removal of obligations on super funds to protect people from inappropriate advice fees. We're calling ...

The top investment funds over the past year

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... BetaShares Global Uranium ETF (ASX: URNM) returned 68.9%. The fund tracks an index of leading companies in the global uranium industry. Its major holdings include Cameco, Kazatomprom, and the Sprott Physical Uranium Trust. The Global X Semiconductor ...

AFCA finds more Dixon Advisory victims

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... its doors on April 2, estimating that it was ready to compensate about 2000 claimants at the time. The financial advice industry will be forced to pay $18.5 million to fund the CSLR in the first year of operation. Abood said: "The Dixon Advisory AFCA ...

Advisers must unite for major reforms: SIAA

KARREN VERGARA  |  THURSDAY, 9 MAY 2024
... to the extent that we find those similarities and our chance of then implementing the change is greater." The advice industry has endured substantial reforms since the Hayne Royal Commission. The most recent round of changes aims to streamline some process ...

Australian Retirement Trust wraps up AvSuper merger

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
... completed its merger with AvSuper after the two super funds formalised negotiations in February 2023. The $280 billion industry superannuation giant has gained 4800 new members and added $2.43 billion in funds under management because of its merger with ...

HESTA names chief financial officer

ELIZABETH FRY  |  TUESDAY, 7 MAY 2024
... Natalie Kelly was appointed finance chief after serving in an interim capacity since March. Kelly joined the $82 billion industry super fund after Sally Collins quit to take up a wider operational role at rival Aware Super. As chief financial officer ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... small subset of financial advisers benefitting from this conduct threaten to undermine the reputation of the rest of the industry," he said. "Deterring cold calling for superannuation switching models is an ASIC priority, and we will continue to take ...

FSC launches digital advice group

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... of financial advice for the millions of Australians who want and need it. Henderson said: "Our role is to support the industry in the delivery of advice in a more digitised, efficient and scalable way - solving the age-old problems around complexity ...

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON  |  MONDAY, 6 MAY 2024
... Global Demographics Fund (Managed Fund) to market. Its decision to add further active ETFs comes as the Australian ETF industry is likely to exceed $200 billion this year, with active ETFs expected to play a big role in the growth. As at the end of 2023 ...
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