Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1001 - 1010 of 5871 results for "July"

ASIC takes Mercer Financial Advice to court

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... the Royal Commission and impacted members of both a corporate and government super fund. The regulator alleges that between July 2016 and June 2019 Mercer Financial Advice made false or misleading representations on more than 5500 occasions about the ...

TIP Group appoints senior executives

CHLOE WALKER  |  THURSDAY, 30 JUN 2022
... (TIP) has appointed Timothy Wong as its new head of TIP Equity and Michael Baragwanath as its new head of wealth. Effective July 1, Wong will be running the firm's private equity division and Baragwanath will oversee the group's investment banking capabilities. ...

July 1 super changes: Are you ready?

CASSANDRA BALDINI  |  THURSDAY, 30 JUN 2022
... significant changes to superannuation and its surrounding legislation will come into effect. Perhaps most important of all, From July 1 employers will need to increase the Superannuation Guarantee contribution rate they pay from the existing 10% to 10.5%. ...

Neobank Volt closes its doors

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
... receive a full banking licence from APRA, is closing its doors and urging customers to withdraw all funds from accounts before July 5. In a statement, Volt said the decision was made by the board after it reviewed recent progress in capital raising initiatives ...

AMP North caps fees to expand adviser footprint

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
... Super accounts will be capped at $2400 per annum. The reduced fee cap, for both new and existing clients, takes effect from July 1. This "reflects North's commitment to offering clients and advisers highly competitive fees". "Fees for MyNorth products ...

Corporate fund to join Australian Retirement Trust

JAMIE WILLIAMSON  |  MONDAY, 27 JUN 2022
... Retirement Trust will complete another successor fund transfer this week, taking over the super fund of an ASX 100 company. On July 1, the Incitec Pivot Employees Superannuation Fund will merge into Australian Retirement Trust. The fund, also known as ...

AMP appoints new board member

ANDREW MCKEAN  |  MONDAY, 27 JUN 2022
... announced the appointment of financial services executive Andrew Best as an independent, non-executive director, effective 1 July 2022. Best brings more than three decades of international and domestic experience across investment banking and financial ...

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... guidelines relating to the registration and licensing requirements for Corporate Collective Investment Vehicles ahead of its July 1 implementation date. The information sheet (INFO 272) and report (REP 728) help shed light on how to register a CCIV and ...

Centuria sets up new agriculture fund

CHLOE WALKER  |  THURSDAY, 23 JUN 2022
... Co-chief executive John McBain added: "Centuria branched into the agriculture sector following our merger with Primewest in July 2021 and we intend to expand this vertical to capitalise on the growing demand for premium agricultural products." "Strong ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
... reported by the Financial Standard, The Fair Work Commission recently announced it would raise the minimum wage to 5.2% come July. A corresponding Fair Work Commission statement said: "The Panel decided to provide a proportionately higher increase to ...