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Showing 1391 - 1400 of 6177 results for "Statement"

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... Superannuation Limited (the Trustee), has decided to postpone the transfer until later in the calendar year," Perpetual said in a statement to members. "This decision was made to protect the superannuation benefits of members from the increased risks ...

Mayfair 101 reveals new sub-division, hires chief

ELIZABETH MCARTHUR  |  TUESDAY, 5 MAY 2020
... brand and Mission Beach is exceptional and will bring significant economic benefit to the region." Mayfair 101 said in a statement that the Mayfair Tourism team had "started to form" under Handy's leadership. The Mayfair 101 Group has at least seven ...

Former AFSL director banned

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
ASIC has cancelled the AFSL of Olive Financial Markets following concerns that it had not complied with its obligations as an AFS licensee and that it was likely to contravene its obligations in the future. Olive Financial applied to the Australian ...

Asset consultant expands into retail market

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
... "This is a growth opportunity for us, and we will build slowly as we find clients that are well suited to our purpose statement." Karagianis said that the focus remains on being conflict-free and he believes the industry is in a time of change. "The ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... advice that can be provided under intra-fund advice. The other key measure sees the requirement for advisers to issue a Statement of Advice lifted, so long as they provide a Record of Advice and don't charge more than $300 for the advice. Here in lies ...

Former Spectrum Wealth, NAB advisers banned

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
ASIC has permanently banned an ACT financial adviser over dodgy SMSF advice, and banned another from NSW for three years for failing to consider clients' best interests. Jane Myers, an authorised representative of Spectrum Wealth between 2013 and 2017 ...

FASEA too soft on ethical investing: Advisers

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... of that is understanding their preferences when it comes to money or investments." Rae said FASEA's first explanatory statement on the code seemed to suggest that advisers may have to limit their advice to responsible investments if the client expressed ...

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
... RBA deemed this temporary, underscored by the revision in its June 2020 headline CPI forecast to 1.6% (February 2020 Statement on Monetary Policy) from 1.9% (November 2019 SoMP). Then COVID-19 this way came... igniting panic-buying (towards the end of ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... would help prevent further declines in economic activity, they said, with the government set to deliver an economic statement on May 12.

Australian fund regulation below average: Morningstar

ALLY SELBY  |  TUESDAY, 28 APR 2020
Australia has received a below average grade from Morningstar for the regulatory and tax frameworks that its managed funds face. As part of its biannual Global Investor Experience report, the research house assessed the experiences of mutual fund investors ...