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Showing 1051 - 1060 of 4745 results for "July 1"

Employers should pay SG rise: ASFA

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
The Association of Superannuation Funds of Australia (ASFA) showed businesses can afford to pay the increase of the Superannuation Guarantee without cutting the wages of employees. As of July 1, the SG rate will rise from 9.5% to 10% and ASFA argued ...

AAT dismisses adviser ban appeal

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
A former RI Advice Group financial adviser's appeal to overturn his permanent banning order has been dismissed by the appeals tribunal. Robert Hutchison was permanently banned from the industry in 2017 after an ASIC investigation found that he funneled ...

Charter Hall adds ESG head

ANNABELLE DICKSON  |  THURSDAY, 17 JUN 2021
Charter Hall Group has appointed a group head of ESG as it continues to build out its sustainability team and ESG offering. Andrew Cole joins from Lendlease Funds Management where he was general manager, sustainability for five years. Cole was responsible ...

ASIC releases ongoing fee obligations guidance

KARREN VERGARA  |  WEDNESDAY, 16 JUN 2021
The corporate regulator is providing more guidance to financial advisers to help them prepare for their upcoming ongoing fee obligations, due to take effect in less than two weeks. ASIC's Information Sheet (INFO 256) outlines the burning questions advisers ...

Perennial to launch fund, hires

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
Perennial will launch its third private company investment fund for wholesale investors on July 14 and has hired an investment head from Investec. The Perennial Private to Public Opportunities Fund No. 3 has a minimum raising target of $50 million ...

L1 Capital launches activist fund

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
L1 Capital is launching a new Australian equities fund that seeks to unlock company value via shareholder activism. The Catalyst Fund, which launches on July 1, will be led by James Hawkins, who joined L1 Capital as a partner in March. The high-conviction ...

Licensee to acquire Sentry Group

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
An ASX-listed financial services firm will acquire Sentry Group for $7 million and add 155 authorised representatives to its books. WT Financial Group (WTL) announced today that upon completing the takeover, it will have some 275 financial advisers ...

Advisers win annual renew law relief

KARREN VERGARA  |  FRIDAY, 11 JUN 2021
The federal government will introduce a carve out to help financial advisers to meet their ongoing fee disclosure obligations. Senator Jane Hume announced this evening that advisers will have 60 days to provide clients an estimate of fees they will ...

AMP Capital announces new chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
AMP Capital has announced a new chief executive, replacing Boe Pahari who stepped down in August last year. Shawn Johnson has landed the top job. He was previously senior managing director and chairman of the investment committee of State Street Global ...

Halifax auditors face criminal charges

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
Audits of defunct stockbroker Halifax have resulted in the first criminal charges ever laid in Australia for failure to comply with auditing standards. EC Audit and its director Robert Evett have been charged with breaches of auditing standards and ...