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Showing 1071 - 1080 of 3928 results for "November"

ERS costs big super funds

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... application from the Australian Tax Office (ATO) and 95% have been made within five business days. Over the week to 22 November, 20,000 applications were received by funds of which 14,000 were initial applications and 7000 were repeat applications. Initial ...

Land tax favourable over stamp duty: Survey

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... experts and economists surveyed by Finder found nine in 10 were in favour of the proposed ditching of stamp duty. In November, the NSW state government announced it will lead the way on tax reform with its plan to make stamp duty optional, granting homeowners ...

ASIC takes action against missing woman

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
... were misappropriated. The Federal Court has made interim orders against Maliver and Caddick, who has been missing since November 12. The interim orders prevent Caddick from removing assets (including funds held in bank accounts) from Australia, disposing ...

ASIC prepares industry for claims handling law

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... Financial Sector Reform (Hayne Royal Commission Response) Bill 2020. The new law, which was introduced in parliament on November 12, will force those providing claims handling and settling services to be covered by an AFSL. It also means that insurance-claims ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
... (fear of missing out) takes hold. Add to these, the easing of political uncertainty and Joe Biden's victory at the November 2020 US presidential elections - although Trump continues to deny it - and lately, the discovery of not one, not two, but ...

CFM fund to wind up

KANIKA SOOD  |  WEDNESDAY, 25 NOV 2020
... trust can no longer accomplish its purpose. In its five-year life, the fund delivered -4.2% p.a. since its inception in November 2015 to October end. It has only had one calendar year of positive returns, which was a 6.5% in 2017. This year, the returns ...

End of the road for advice qualifications

JAMIE WILLIAMSON  |  TUESDAY, 24 NOV 2020
... Financial Planning have been removed from the national regulator's register of vocational education and training. On November 3, the Australian Skills Quality Authority (ASQA) deregistered the FNS50615 Diploma of Financial Planning, FNS60415 Advanced ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... a reasonable return, but our focus is very much on members' best interests," she said. In a previous hearing, on November 6, MP Daniel Mulino told Mercer chief executive for Australia and Pacific zone leader David Bryant that too many underperforming ...

ASIC investigates ASX

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
... for 24 hours. "ASIC has confirmed to ASX that it is conducting an investigation into the ASX Trade outage on Monday, 16 November 2020," the ASX said in a statement. "ASX acknowledges that this is appropriate given ASIC's regulatory oversight. ASX takes ...

Praemium board bungle

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
... the 94% in acceptances on October 2 to Powerwrap with the remaining 6% to be acquired under compulsory acquisition in November. As a result, Powerwrap de-listed from the ASX in October and its chief executive Will Davidson, along with its non-executive ...