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Showing 1061 - 1070 of 4032 results for "Personal"

Westpac in fresh $87m remediation program

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
... Group, Magnitude Group and Westpac Banking Corporation (known as BT Financial Advice). These businesses ceased providing personal financial advice in 2019. Westpac only notified ASIC about the advisers' bungle in July 2019 and provided more information ...

EOFY tips for advisers

KARREN VERGARA  |  WEDNESDAY, 30 JUN 2021
... be written off by June 30 and claim a tax deduction. Sole traders not using the services of a tax agent must submit a personal tax return by 31 October 2021. Those using a tax agent have until 15 May 2022. All other advisers that are non-sole traders ...

Tribeca hires chief executive from Citi

ANNABELLE DICKSON  |  WEDNESDAY, 30 JUN 2021
... Meanwhile, current managing director Aylward has assumed the role of executive chair to focus more on the investment team. "My personal commitment does not alter in quantum, but I will re-direct focus back to deeper focus with the investment team and ...

TelstraSuper lowers admin fee

ELIZABETH MCARTHUR  |  TUESDAY, 29 JUN 2021
... has about $23 billion in assets under management, has lowered its admin fee. From July 1, TelstraSuper Corporate Plus, Personal Plus, Retire Access and Direct Access members will pay an admin fee of 0.18% per annum, 10% lower than the previous fee of ...

Adviser slapped with four-year ban

KARREN VERGARA  |  MONDAY, 28 JUN 2021
... years for failing to act in the best interests of clients. ASIC found Jennings failed to consider clients' relevant personal circumstances, recommending strategies like double gearing despite knowing that they struggled to service the loans. Jennings ...

Stonehouse acquires risk advice firm

KARREN VERGARA  |  MONDAY, 28 JUN 2021
Stonehouse Financial Group has acquired the books of a long-serving risk adviser who will leave the industry to pursue other interests. Financial adviser Greg Owen has sold his practice GJO Financial Services for an undisclosed amount to Jeremy Chiel ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... individual professional accountability," he said. The FPA supports the new registration regime, which will fall under the personal responsibility of each adviser. "The current model, which will come into effect from 1 January 2022, makes the registration ...

Buffett resigns from Gates Foundation

ELIZABETH MCARTHUR  |  FRIDAY, 25 JUN 2021
... distribute all his Berkshire Hathaway shares to philanthropy. He claims the shares in the company account for 99% of his personal wealth. As of his most recent announcement, he is halfway to meeting that commitment at the age of 90. "In June of 2006 ...

Industry split on paid vaccine leave

JAMIE WILLIAMSON  |  FRIDAY, 25 JUN 2021
... Bank is also taking the same four hours-only approach, though notes that staff were provided an additional 10 days' personal leave last year for COVID-19-related matters. Others have said paid vaccination leave is available via informal agreement. ...

Australia among the richest nations

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... and employment policies," the report read. Some government assistance in rich countries was so generous that disposable personal income rose overall. The US (7.2%), Germany (0.8%) and Canada (2.3%) are some examples. Australia recorded 1805 millionaires ...