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Showing 1051 - 1060 of 2689 results for "Fair"

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... profile adviser under fire The Royal Commission claimed a high profile scalp early, when it heard evidence in April that Fair Work commissioner Donna McKenna received inappropriate financial advice from Sam Henderson, the chief executive of Henderson ...

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
These are the 2018 Financial Standard stories to have in your back pocket for summer discussions around the barbeque. Shuttering dividend cash loophole to hit SMSFs In March the ALP proposed to eliminate cash refunds from excess dividend imputation ...

ASIC cans advice business AFSL

JAMIE WILLIAMSON  |  TUESDAY, 18 DEC 2018
A boutique financial advice business has had its AFSL cancelled for failing to adequately manage conflicts of interest after clients were advised to invest their superannuation in the practice. ASIC has cancelled the AFSL of Evermore Money Management ...

Former Paradice managers launch LIT

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... were covered from Ophir's reserves, not passed on the investors. On the question of a LIT potentially not trading at its fair value, Mitchell said the boutique will have standing on-market buybacks. No additional capital was raised in listing the ...

Labor pledges tougher unpaid super penalties

KARREN VERGARA  |  MONDAY, 17 DEC 2018
... they face fines equal to 100% of the unpaid super. Labor pledges to change the National Employment Standards (NES) in the Fair Work Act, which give employees the power to recoup unpaid superannuation from employers and possibly take the matter to the ...

Bonds reward equity investors seeking refuge

KARREN VERGARA  |  MONDAY, 17 DEC 2018
Investors who firmly believe that fixed income is a safety net in times of market volatility - and followed through by ditching equities - have been well-rewarded for their efforts. Investors in Australia who switched to bonds at the end of October ...

Complainants most satisfied with life insurers

KARREN VERGARA  |  TUESDAY, 11 DEC 2018
... protection framework, ASIC commissioner Danielle Press said. "Consumers and small businesses should have access to transparent, fair and timely complaints processes. Our research shows the strong connection between consumer satisfaction in how a firm ...

New Bill bolsters retirement income

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
... development of pooled lifetime income stream products, and ensuring that the assessment of pooled lifetime income streams is fair and reflects the value of the products, it said. Under the income test, the new means test rules will assess 60% of payments ...

AFCA receives 500 super complaints in first month

HARRISON WORLEY  |  THURSDAY, 6 DEC 2018
... with AFCA was to establish a "real game changer" in financial services. "One that provides not only a one-stop shop but a fair, efficient and timely dispute resolution [service] that will be known for fairness being at the heart of everything that we ...

ASIC funding numbers released

HARRISON WORLEY  |  THURSDAY, 6 DEC 2018
... making public the cost of our regulation marks a significant milestone in this process," Armour said. "Our goal is ensuring a fair, strong and efficient financial system for all Australians and lies at the heart of all our regulatory activities." The ...