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Showing 1371 - 1380 of 12383 results for "May"

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... Industry Superannuation Trust, is closing its Shares product, which failed last year's Your Future, Your Super test. Effective May 27, Australian Food Super is terminating the Shares option and opening two separate, single class options - Australian ...

ANZ confirms ASIC investigation

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... became concerned about the way in which some of its debt had been sold and believed ANZ staff involved in the transactions may have been acting inappropriately. This marks the second time in a decade ANZ's fixed income team has been accused of improperly ...

Advisers should leverage US tech blueprint: SIAA panel

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... will also provide high-touch service for those that can afford to pay for it, but at the same time, look after clients who may not be able to pay for it, he said. The Delivering Better Financial Outcomes package of reforms proposes creating a new class ...

Federal Court rejects two CBA class actions

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... shareholder class action against CBA together with Maurice Balckburn Lawyers. Justice David Yates said in his decision on May 10 that the applicants could not establish the bank contravened s 674(2) of the Corporations Act, which forces listed entities ...

ClearView closes ClearChoice Super Rollover, launches trauma options

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... assess claims," she said. Separately, ClearView's ClearChoice Super Rollover ceases taking new monies as of today. "From 13 May 2024, if the Trustee receives a rollover into ClearChoice Super in excess of the insurance premium, the excess will be transferred ...

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... The Court ruled in favour of ASIC's urgent requests, stating that Prakash likely has access to the involved funds and may act to the detriment of aggrieved parties upon learning of the investigation. The Court also noted that claims by aggrieved ...

ASIC slams funds' serious deficiencies over advice fee charges

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... their members in relation to superannuation interests." Only three trustees require a minimum residual balance before payments may be charged to a member's account or other balance conditions to guard against erosion, ASIC found. "Trustees with high ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... their most critical third-party service providers - as well as their most critical fourth-party service providers. "An insurer may not be directly responsible for its website going offline when a network gateway fails, but it will be responsible for ...

Discover the best performing asset class of 2023: Mercer

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... the future will hold over the short to medium-term," Mercer said. "Therefore, for most individuals, the power of investing may well be harnessed through securing asset class diversification, taking on the risk they can tolerate and adopting a longer-term ...

Advisers must unite for major reforms: SIAA

KARREN VERGARA  |  THURSDAY, 9 MAY 2024
... and thrive - which underpins the theme for SIAA's annual conference that will be held at the Melbourne Grand Hyatt on May 14-15. Euroz Hartleys head of advice Amanda Boyce, who will partake in the panel Financial advice reform, will provide an adviser's ...