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Showing 1371 - 1380 of 4983 results for "Limit"

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
Receivers have been appointed to Mayfair 101's IPO Wealth, with Mayfair slamming the decision by the trustee and claiming this won't harm its Dunk Island development. Vasco Trustees Limited, the trustee of IPO Wealth, advised that on 22 May ...

The future is fast arriving: BlackRock

ALLY SELBY  |  WEDNESDAY, 27 MAY 2020
The shock of the COVID-19 pandemic, which has now claimed more than 350,400 lives and will likely cost the global economy $1 trillion, has set off a chain reaction that will forever change our long-term return expectations and strategic allocations. ...

Chief economist update: V could still become W

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2020
It had only been two months (three at most) when the coronavirus started infecting and slaying citizens of planet Earth. Under house arrest and in solitary confinement - forced upon society by social distancing measures and lockdown restrictions - it ...

Government offers guidance provision relief

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
Company directors will not be liable for missing financial guidance targets for the next six months, after the government temporarily amended continuous disclosure provisions to help firms through COVID-19. The amendments, introduced today, ensure companies ...

Adviser banned for five years

ELIZA BAVIN  |  TUESDAY, 26 MAY 2020
A financial adviser who cycled through seven AFSLs in nine years has been banned after ASIC found he provided poor SMSF advice and based insurance advice on the commission he'd receive. The five-year ban follows ASIC surveillance of advice provided ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
... prefectures (and later expanded to all of Japan on April 16) was invoke the Japanese' sense of community spirit and asked to limit social contacts by 70%-80%, for non-essential workers to work from home and companies to reduce shifts for workers ...

ERS withdrawals surpass $10bn

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
Over $10 billion has been withdrawn under the government's Early Release of Super scheme, with 70% paid out by just 10 funds. Over the period from April 20 to May 17, payments that have been made to eligible members have taken an average of 3.3 ...

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Super Consumers Australia has called on Australia's life insurance industry to eradicate "junk terms" from total and permanent disability insurance, after the Financial Services Council committed to ensuring TPD cover wouldn't be impacted if ...

Client drags advice firm, advisers to court

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
A woman has dragged an advice firm and its leads to court, claiming they took control of her bank accounts and misappropriated about $1.4 million of her money. Danusia Giam is seeking compensation from Melinda and Robert Patterson and three related ...

Boutique launches sustainable Aussie equities strategy

KANIKA SOOD  |  TUESDAY, 19 MAY 2020
A Legg Mason boutique that manages $20 billion has launched a new sustainable equity strategy that will use proprietary sustainability analysis instead of just relying on negative screening. Martin Currie Australia Sustainable Equity Strategy will be ...