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Showing 101 - 110 of 461 results for "Subsequently"

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... society fairer and provide low-income workers with a more dignified and secure retirement," Delahunty said. ASFA has subsequently called on parliament adopt its recommendations, which it said will ensure a "fairer and more dignified retirement" for over ...

Build Your Wealth adviser cops ban

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... the regulator said. Many of the clients were in a self-managed superannuation fund (SMSF) investment structure that subsequently invested in the trust. ASIC also found that Luff failed to make reasonable enquiries into the client's relevant financial ...

AMP snares retirement expert

ELIZABETH FRY  |  FRIDAY, 5 JUL 2024
... Utility Function, an open-architecture metric to assist the industry to design retirement outcome solutions which subsequently won two industry awards.

Court freezes assets of Keystone AM managed fund

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... with ASIC stating products under the four PDSs had ceased to be available to new clients as of 1 April 2024. ASIC subsequently revoked the interim stop orders on 9 April 2024.

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... memories of the sexual assault", and a "preoccupation with negative thoughts", including suicidal ideation. The Court subsequently ordered Van Ryn to pay $1.4 million dollars in damages along with the victim's legal costs. But he may never see a ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... as part of APRA's ongoing prudential supervision of the trustee, which included a review in October 2023. Mercer subsequently acknowledged significant breaches of prudential standards SPS 220 Risk Management (SPS 220), SPS 231 Outsourcing (SPS 231) and ...

Former NSW adviser loses ban appeal

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... was the sole director of Sweeney Insurance Services which was authorised from 17 November 2014 to 8 October 2018. Subsequently he was the sole director of Swinsure which was authorised from 1 July 2020 to 30 July 2020. On 21 December 2022, Sweeney filed ...

Advisers urged to capitalise on HNW interest in alternatives

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
... increasingly of interest to HNW investors and one where they may benefit from professional guidance." The report subsequently said there is a compelling opportunity for financial advisers to refine their services and develop bespoke investment strategies ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... activity will continue, resulting in the development of larger funds and mega-funds with assets exceeding $100 billion. Subsequently, the number of market participants is expected to shrink, and up to 12 mega-funds are expected to emerge in the coming ...

'ASX Wolf' Tyson Scholz bankrupt in ASIC crackdown

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
... He was ordered to pay $456,296.64 in legal costs, but after failing to do so, ASIC issued a bankruptcy notice and subsequently filed a creditors petition. Unperturbed, Scholz, who boasts 116,000 followers on Instagram, has recently flaunted his lavish ...