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Showing 1061 - 1070 of 3711 results for "Order"

Advisers involved in ERS scams: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... falsifying reasons for fees. "For example, by falsely advising the trustee that they had given personal advice to a member in order to receive advice fees from the trustee," Eccleston said - without clarifying whether this had happened. ASIC is also ...

How advice can conquer stigma

HARRISON WORLEY  |  WEDNESDAY, 20 MAY 2020
... 'me being not capable of doing it myself,'" he said. "Whereas with finance, there's still an element of that." In order to remove that barrier, Lombardi believes consideration should be given to how advice can be modularised so that super ...

ASIC revokes AFSL suspension, cancels another

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
... because it had breached its licence by failing to maintain sufficient financial resources. "In response to the suspension order, Ausfunds raised sufficient funds to rectify its net tangible assets deficiency," ASIC said. "In light of this, ASIC revoked ...

Fidante adds to London office

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
... distribution footprint and seek to partner with talented investment managers looking for greater independence and alignment, in order to focus on what they do best - investing," Cubbin said. Fidante Partners FUM fell 11% to $56 billion according to its ...

Chief economist update: Easing does it (again)

BENJAMIN ONG  |  TUESDAY, 12 MAY 2020
Easing of central bank monetary policy settings helped equity markets rebound and economies to recover from the "Great Recession" wrought by the Global Financial Crisis of 2009. Easing - this time, of social distancing and lockdown restrictions (implemented ...

Government delays RC implementation timeline

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
... with the government to "consider the proposals that have been put forward to improve the exposure draft legislation, in order to ensure that these important reforms are both achievable and practical".

AMP defends hefty remuneration bill

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... would only be paid if results were achieved for shareholders. And, when asked why the board did not cut executive pay in order to make room for a dividend Murray again said that it was important for the long term performance of the company that it is ...

Link feels impact of COVID-19

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2020
... of 50% over the next six months in response to COVID-19. Link's board and executive team have also taken cuts in the order of 20%. McMurtrie said the reductions are optional but that many have opted in. At the same time, McMurtrie spoke of about ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
The $110 billion superannuation fund has decided to not appeal a Federal Court order upholding an AFCA decision but says it creates further obligations for superannuation trustees. In April, QSuper's board appealed unsuccessfully to the Federal ...

No change of mind for ERS

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
The Australian Taxation Office has said members who change their mind over the Early Release Super scheme will not be able to withdraw their applications. In an update to its Design and Implementation document the ATO outlined that only where there ...