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Showing 121 - 130 of 365 results for %22State of Origin%22

Retail super funds reject MySuper delays

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... conduct that fell below community standards and expectations with respect to accrued default amounts (ADA). Colonial First State executive general manager Linda Elkins blamed the limitation of CBA's systems and lack of operational capacity for failing ...

Morgan Stanley amends false independence claims

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
Morgan Stanley Wealth Management was caught by ASIC for falsely claiming it was independent. According to the regulator, Morgan Stanley made a claim in an ASX announcement released by Praemium in June that its services included an independent advice ...

Charter Hall acquires $1.6bn property fund manager

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
Australian property giant Charter Hall plans to pay $205 million in cash to acquire a fellow ASX-listed property fund manager with $1.6 billion under management. Charter Hall, a group which manages $23 billion, has announced plans to acquire Folkestone ...

Plan service fees did not constitute fee for no service: NAB

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
Responding to questions from counsel assisting Michael Hodge, former NAB general manager of superannuation and platforms Paul Carter attempted to distinguish between other cases of fees for no service and NAB charging superannuation customers for advice ...

Global pension fund injects $500m into Aussie real estate debt

HARRISON WORLEY  |  THURSDAY, 2 AUG 2018
A Canadian pension fund managing more than C$350 billion made its first Australian real estate debt investment with a $19 billion local asset manager. CPPIB Credit Investments - a subsidiary of the Canada Pension Plan Investment Board - injected $500 ...

AAT reduces former adviser's ban

HARRISON WORLEY  |  MONDAY, 23 JUL 2018
A former financial planner who lied about his planning qualifications will be able to provide financial services again in 2022, after his original ban was reduced. Permanently banned from providing financial services by ASIC in 2016, former Hobart financial ...

Government mulls reforms to tax residency rules

JAMIE WILLIAMSON  |  THURSDAY, 12 JUL 2018
The Federal Government is considering an overhaul of the rules governing residency for tax purposes in Australia, recommending a person's residency be defined by the number of days they spend in the country in a 12-month period. The Board of Taxation ...

Advice and stock broking firm fined $35k

HARRISON WORLEY  |  WEDNESDAY, 13 JUN 2018
... disciplinary panel (MDP) found no evidence of a deliberate attempt by Wilsons to conceal information from the regulator about the origin of orders. However the regulator added that while Regulatory Guide 223 acknowledges there may be situations where ...

Super State of Origin: Who wins?

DARREN SNYDER  |  WEDNESDAY, 6 JUN 2018
Queensland's recent State of Origin rugby league dominance over New South Wales is mirrored in MySuper performance, Rainmaker's latest superannuation analysis shows. Over one, three and five years, more Queensland-based MySuper products have ...

Royal Commission singles out 325 NAB staff cutting corners

ALEX BURKE  |  TUESDAY, 24 APR 2018
The Royal Commission referred today to a breach report concerning 325 NAB staff, including 204 financial advisers, who were involved in incorrectly witnessing client forms. This finding came out of a line of questioning involving a particular adviser ...