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| | | ... their personal use. Daly received loans totalling $130,000 while Raftery took a $40,000 loan. The money was also used to make loans to then-subsidiary Beacon Financial Group. All four were banned from providing financial services for five years in November ... |
| | | | While infrastructure's inflation pass-through supported earnings in 2023, its defence and diversification could make it valuable in 2024, says Clearbridge Investments. According to Clearbridge portfolio manager Nick Langley, increasing earnings ... |
| | | | ... undertaking, as this levy is the first of its kind. It was important that we had a robust and rigorous process to be able to make a best estimate based on the best information available." The estimate is based on analysis and modelling by Finity Consulting ... |
| | | | ... facility cannot exceed $6.317 million -previously $5.425 million. These limits apply to consumers or small businesses who make a complaint about products or services relating to banking and finance, general insurance, life insurance, and investments ... |
| | | | ... permission," she said. In terms of granting injunctive relief, declarations, and costs, Judge Manousaridis said he will not make orders yet as he invited both parties to make submissions on these areas. Korolak is taking further action by raising Campbell's ... |
| | | | The financial adviser exam is due for some changes as Treasury bids to make it more flexible. The consultation, which is open until 10 January 2024, is proposing several changes under the Corporations (Relevant Providers-Education and Training Standards) ... |
| | | | ... perspective to strategy, creativity and experience that we believe will be an asset as we continue to focus on helping our members make the most of their super at every stage of their journey with us." Ford explained that the fund wants all member experiences ... |
| | | | ... pointed out that advisers do not need to produce them for clients on annual agreements. However, the draft legislation will not make it mandatory for product issuers to accept the standard form, FAAA chief executive Sarah Abood said. "And it is unlikely ... |
| | | | ... "This adjustment was made to ensure that customers can continue to receive the protection they expect should they need to make a claim in future." Birt said that it seems "strange to pick up additional ongoing insurance renewal revenue without doing ... |
| | | | While there are good indications that Melissa Caddick's victims will recoup most of their funds, the lawyer spearheading the latest class action believes that SMSF clients should get all their money back. Michael Chapman, a director at Melbourne-based ... |
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