Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1081 - 1090 of 6175 results for "Statement"

ASIC issues warnings on investment scams

ANNABELLE DICKSON  |  FRIDAY, 14 MAY 2021
... and move funds, to undertake independent enquiries to ensure that the scheme is legitimate," the regulator said in a statement. In addition, ASIC has received several reports from consumers who have been scammed after responding to crypto-currency and ...

AustralianSuper, Club Plus to merge

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
... strategic, cultural and operational fit for its members and reached out to discuss combining the two funds, according to a statement. Club Plus Super chief executive Stefan Strano said a merger is in the fund's members' best interests as it looks ...

CBA adds $32m to advice remediation bill

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... for no service remediation and the quantum of certain inappropriate advice remediation," the two firms said in a joint statement. "Remediation amounts will not be known until individual cases have been reviewed and compensation offers made." Count Financial ...

Equip, Catholic appoint acting CIO

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... and Catholic Super, which will deliver significant benefits to members," a spokesperson for Togethr Trustees said in a statement to Financial Standard 's sister publication Industry Moves. Togethr Trustees chief executive Scott Cameron said: "We ...

No early super release for DV survivors

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... violence situations, including helping women set themselves up after leaving a violent relationship," the Women's Budget Statement read. Among other things, the government will provide $164.8 million over three years in financial assistance and support ...

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... increasing superannuation coverage and making our system fairer," minister for superannuation Jane Hume said in a joint statement with minister for women, Marise Payne. Industry bodies have lobbied for the removal of the threshold for several years now ...

ASIC cracks down on investment guru

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
A self-styled investment guru and social media wealth expert has had her Australian credit licence cancelled by ASIC. Dominique Grubisa lost her licence for her company Master Wealth Control on the basis that the business was not engaging in the credit ...

Sunsuper raises ICR by 19bps

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... Balanced option returned 21.3% for the year to 31 March 2021, compared to the industry average of 19.3%, the fund said in a statement. "..The ICR performance-related costs are incurred in years where investment managers outperform their targets. For ...

Statewide not contesting ASIC allegations

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... considers that your interests, as a member, are best advanced by not contesting the allegations," it told members in a statement. Statewide's letter to members referred to the incident as a "self-reported insurance administration error". However, ASIC's ...

AMP trims platform fees

KANIKA SOOD  |  THURSDAY, 6 MAY 2021
... from the fee changes. "The changes are immaterial and do not impact our market guidance," an AMP spokesperson said in a statement. AMP's North platform saw $400 million less in inflows in the three months to March compared to the same time last year ...