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Showing 1411 - 1420 of 4928 results for "MIS"

Tax agent banned for dishonesty

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
The Tax Practitioners Board has banned a Victoria-based tax agent for five years for dishonestly obtaining his registration and engaging in further misconduct. Srinivasarao Jakkampudi, sole director and supervising tax agent of Truecare Solutions, requested ...

ASX eyes a bigger slice of fixed income active ETFs

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
In its biggest ETF listing rule change in over five years, the ASX is widening the universe of fixed income strategies it will accept for ETF listings. The AQUA rule changes, which are expected to come into effect on September 22, will allow fixed income ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
The Federal Court has found Colonial First State misled members of its FirstChoice Fund on at least 12,978 occasions over nearly two years in relation to switching to its MySuper product. The court found CFS's communication (via letters and calls) ...

HESTA chief joins ICGN board

ANNABELLE DICKSON  |  WEDNESDAY, 8 SEP 2021
The International Corporate Governance Network (ICGN) appointed HESTA's chief executive to its board. HESTA's Debby Blakey has joined as a director and Australia's sole representative on the board. Also appointed, CalPERS board of administration Henry ...

NAB partners with life insurance, advice provider

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
The big four bank announced its partnership with Australia's largest medical defence organisation to extend its business finance solutions to doctors and healthcare professionals. NAB's Medfin Finance team signed a 10-year strategic partnership agreement ...

ASIC to watch member shunting to untested super products

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... APRA-regulated funds out of the test's remit. "I'm concerned that there's a potential for poor market behaviour and mis-selling and driving people from tested products into untested products. And there is going to be a fat chunk that potentially ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
Frontier is concerned the APRA performance test does not adequately assess acceptable performance, given several of the funds that were failed actually perform better than others that passed. The asset consultant, which advises on $490 billion, said ...

Mergers don't always lead to scale benefits: Barry

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
There is a misunderstanding that superannuation fund mergers will automatically lead to scale benefits for members, according to Spirit Super's chief investment officer. Speaking at the Australian Institute of Superannuation Trustees (AIST) ASI ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Colonial First State yesterday said it will drop the administration fees on its FirstChoice Employer Super products from, ahead of the Your Future, Your Super test results today. Effective October, CFS will charge FirstChoice Employer customers 30bps ...

Binance Australia appoints chief executive

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Cryptocurrency exchange Binance has appointed a chief executive for Australia. Leigh Travers, former DigitalX chief executive and director, has joined Binance in the lead role. DigitalX is an ASX listed blockchain technology company, where Travers had ...