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| | | ... instruments, credit-default swaps, loans and other credit instruments - which it says don't qualify as cash. "These assets do not typically exhibit the characteristics necessary to be considered as cash or cash equivalent," the regulator said in ... |
| | | | ... adequate level of superannuation more equivalent to their male counterparts." Morris added however that superannuation was not the be-all-and-end-all when it came to retirement funding. "Obviously retirement funding is not just about superannuation ... |
| | | | One of the boutique fund managers under Challenger's Fidante Partners' multi-manager umbrella has closed. A spokesperson for Fidante confirmed Tempo Asset Management has closed after failing to reach sufficient scale of assets under management since ... |
| | | | ... countries would be better for the domestic economy. To be sure, consumers' judgements about the impact of higher tariffs will not crystalise until they gain more experience with actual changes in product prices and domestic employment. While tariffs ... |
| | | | ... request to have its licence cancelled. Due to McMaster's significant involvement in this conduct, ASIC stated McMaster is not of good fame and character and is likely to contravene financial services law in future. The regulator has also determined that ... |
| | | | ... accurate information about how companies are managing slavery risks," ACSI chief Louise Davidson then said. "Companies that do not take investor concerns about slavery on board are likely to be judged by our members as less attractive investments." She ... |
| | | | ... custody services for DWS' actively-managed funds in Germany and Luxembourg. A spokesperson from DWS said the change will not impact the Australian operation, which doesn't not have a fund operations unit here. DWS chief operating officer Jon ... |
| | | | ... complex withholding tax system for funds management raises little money, but harms our competitiveness. If withholding taxes are not reformed, Australia's fund managers will be at a major disadvantage in the passport," Loane said. "This is because ... |
| | | | ... 250 client files from 102 different AFSLs, ASIC found 91% of files contained financial advice on setting up an SMSF that did not comply with the best interests duty or related obligations. Of the 102 licensees, 97 were found to have provided non-compliant ... |
| | | | ... for clients. It's also really reducing the cost of providing advice and giving advisers more time to focus on strategy, not paperwork," he said. YTML recently rolled out an automated solution that generates high volumes of personalised SOAs. "The ... |
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