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Showing 1401 - 1410 of 6177 results for "Statement"

Boutique manager taps former Challenger executive

HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... manager from Challenger, having served as senior risk and compliance manager, funds management since 2017. In a joint statement, Darling macro co chief investment officers Mark Beardow and Greg Burke said they are "thrilled" to bring Swan onboard. "Mark ...

Markets react as antiviral drug disappoints

ALLY SELBY  |  FRIDAY, 24 APR 2020
... terminated early due to low enrolment, making the results inconclusive. Although equities slightly rebounded on Gilead's statement, the day of trade ended relatively flat. The Dow Jones closed up just 0.17%, after falling from a strong rally in the morning. ...

Compliance worse than COVID-19

ALLY SELBY  |  THURSDAY, 23 APR 2020
... advisers named compliance burden as their biggest challenge, with advisers spending an average of 6.2 hours to produce a Statement of Advice for the typical client. "So as big a disrupter COVID-19 has been, it's still hasn't topped the impact ...

500 advisers exit during COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... when they advise about the early release of superannuation. "It's not worth the $300," Tynan said. "It's not just the Statement of Advice, it's everything. It's so hard.... And it's harder for people in the country and in regional Australia." However ...

SMSF auditors come under fire

ALLY SELBY  |  THURSDAY, 23 APR 2020
The corporate watchdog has disqualified, suspended and added additional conditions to six different self-managed super fund auditors as it works to ensure the industry meets competency and expertise standards. Auditors from around the country suffered ...

Seek financial advice: Hume

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
... financial advisers. The relief will allow advisers to give clients guidance on early release of super without doing a statement of advice but advice fees on the stimulus measures will be capped at $300. The early release of super for those who are suffering ...

Global investment firm adds chair

JAMIE WILLIAMSON  |  TUESDAY, 21 APR 2020
... board next month. Toscafund is a $6 billion multi-asset manager with offices in London, New York and Melbourne. In a statement to Financial Standard, Toscafund's managing director, investor relations for Asia Pacific Matt Unsworth said the firm is ...

AIOFP launches fresh campaign, criticises FPA

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
... softening by ASIC, they have only temporally stopped their grandfathered revenue cessation pressure on manufacturers and statement of advice related concessions due to the COVID-19 crises for politically compassionate purposes," he said. "They have clearly ...

Future Fund board members reappointed

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... expertise across financial markets, corporate governance and public policy," Federal Treasurer Josh Frydenberg said in a statement. Kay has worked in finance in executive and non-executive roles for about 30 years. She is a former banker and lawyer ...

BAS agents to give financial advice

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
... early. To assist the provision of advice around early access to super, ASIC has allowed advice providers to not give a Statement of Advice when doing so; permitted registered tax agents to give advice to existing clients about the scheme without an AFSL ...