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Showing 1121 - 1130 of 2662 results for "SEPA"

New study taps into investor behavior

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
Four Melbourne-based researchers have tested a cognitive training scheme that could help investors overcome fixation with purchase prices and limit losses. Researchers from Monash University, University of Melbourne and La Trobe University conducted ...

Don't use multiple SMSFs to dodge tax: ATO

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
Self-managed super fund trustees are using multiple SMSFs to manipulate tax outcomes, Australian Taxation Office deputy commissioner superannuation James O'Halloran said in his speech to the National SMSF Conference in Melbourne. The ATO believes 13,600 ...

LIC invests in crypto platform

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
A listed investment company has secured a 25% stake in a cryptocurrency issuance platform. First Growth Funds (FGF) invested US$285,000 in FutureICO, an initial coin offering platform that helps companies to issue tokens and digital currency. As part ...

Legislation lifts ASIC recruitment limitation

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
The Bill that enhances ASIC's capabilities and enables it to recruit staff outside of the Public Service Act has passed through Parliament. Under the Treasury Laws Amendment (Enhancing ASIC's Capabilities) Bill 2018, ASIC will have greater operational ...

ASIC commences civil action against ANZ

KARREN VERGARA  |  MONDAY, 17 SEP 2018
ASIC has commenced civil penalty proceedings against ANZ for its involvement in an alleged criminal cartel relating to a $2.5 billion institutional share placement in August 2015. ASIC alleged ANZ failed to notify the ASX that $791 million of the $2.5 ...

Suncorp charged super members incorrect fees

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
The retail superannuation master trust charged incorrect fees to some of its members in the Suncorp Employee Super and Brighter Super funds and is working on remediating clients. Suncorp charged an incorrect investment fee to its members who joined ...

FASEA busts dishonest education providers

JAMIE WILLIAMSON  |  FRIDAY, 14 SEP 2018
Several education providers have falsely marketed courses and programs as FASEA approved, despite no such courses existing as yet. The Financial Adviser Standards and Ethics Authority said it has obtained confirmation that several education providers ...

Pengana flags private equity LIT launch

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
Pengana Capital Group is working with a US$51 billion alternative asset manager to launch a global private equity listed investment trust next year. Pengana enlisted the help of Chicago-based Grosvenor Capital Management to select investments for the ...

No time for complacency: AIST

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
Not-for-profit funds have been vindicated by the Royal Commission's "damning" preliminary findings into the retail super sector but can't afford to be complacent, according to the Australian Institute of Superannuation Trustees. Kicking off ...

TAL enhances musculoskeletal underwriting initiative

KARREN VERGARA  |  MONDAY, 3 SEP 2018
Life insurer TAL has enhanced its musculoskeletal underwriting guidelines to manage neck pain and promote spinal health. The refreshed guidelines will enable advisers to better understand why underwriting exclusions are applied following neck pain and ...