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Showing 1211 - 1220 of 4606 results for "RAISE"

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
KPMG is calling for the imbalance between men and women's retirement outcomes to be redressed, pinning the blame on superannuation concessions. In its submission to the government's review of the retirement income system, KPMG highlights how the current ...

PIMCO puts Aussie LIT on ice

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... investment trust, as the Treasury conducts a public consultation on stamping fees for LICs and LITs. PIMCO announced plans to raise for the LIT in November last year, in what was to be a first for the company in Australia. The vehicle would invest in ...

Amish community scammed

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... developed his own investment scheme; pooling money raised selling promissory notes to community members. The scheme saw Riehl raise approximately US$60 million over nearly a decade. According to the complaint, Riehl falsely claimed he required two co-signers ...

Chief economist update:China prepares anti-viral injection

BENJAMIN ONG  |  MONDAY, 3 FEB 2020
... 1,632,258 infected cases and 19,633 confirmed deaths. It was this outbreak that prompted the World Health Organisation (WHO) to raise the threat level to 5, one level away from pandemic. The swine flu might have infected more countries and humans but ...

Former CFS GAM head in new venture

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... Trust and Alistair Thompson. To reach the desired level of functionality and reach, Berrutti and his team are hoping to raise $250,000. MinterEllison is providing pro-bono legal support for the venture.

Last stand for grandfathered commissions falls over

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
The Association of Independently Owned Financial Professionals has failed to raise the necessary funds to mount its High Court challenge to retain grandfathered commissions. The AIOFP has confirmed the High Court challenge to fight the banning of grandfathered ...

Wealth manager promotes from within

ALLY SELBY  |  THURSDAY, 30 JAN 2020
The Adelaide-based arm of an accounting and advisory firm has promoted a long-term staff member to managing principal. Ben Brazier will take over the reins as managing principal at Pitcher Partners Adelaide for 2020, after 23 years with the firm, 17 ...

FPA calls for axe to fall on stamping fees

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
The peak body for financial planners has moved to reiterate its stance against non-client directed fees in financial advice, as consultation opens into the government's review of stamping fees. The Financial Planning Association of Australia has welcomed ...

Advisers still unclear on referral rules

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
The Financial Adviser Standards and Ethics Authority Code of Ethics which came into effect from the start of the year has left many unclear on what kind of referrals are allowed. Amid news at the start of the year that Mark Bouris' Yellow Brick Road ...

Infrastructure boutique hires former Hastings director

KANIKA SOOD  |  WEDNESDAY, 29 JAN 2020
... unlisted assets. It is currently raising $250 million until March. It has so far raised about $75 million of this. "The raise is basically to invest in opportunities we see in the market right now," Connolly said. She said IPIF will top up its investments ...