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Showing 1441 - 1450 of 3712 results for "Order"

NAB looked to keep plan service fees, Royal Commission hears

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
... was the case, after which Hodge asserted NAB attempted to identify another service which it could have said it provided in order to justify keeping the plan service fees. According to Carter, NAB "assessed that option." "I would say that what we were ...

Aurora takes acquisition bid to Federal Court

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
... which has a 20% stake Molopo Energy, announced overnight that it entered a submitting appearance and will "submit to any order the Court may make in the proceeding." The Takeovers Panel handed down its final decision on June 28, stating it was "very ...

Mis-selling super a win for consumers

JAMIE WILLIAMSON  |  THURSDAY, 2 AUG 2018
An advocacy body for superannuation fund members established in 2013 will finally become fully operational thanks to $2.5 million in penalties paid by CBA and ANZ for the mis-selling of super products. The Superannuation Consumers' Centre will receive ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
Just as expected, the Fed's 31 July-1 August meeting was a non-event - keeping the fed funds rate unchanged at 1.75%-20% - but it did give the US central bank a platform to gloat about the US economy. "Information received since the Federal Open ...

Diversity underscores wealth manager success

KARREN VERGARA  |  TUESDAY, 31 JUL 2018
... from the control of family offices and corporations to wealth managers. "Deploying that capital will have second and third order ramifications that will shape the world in which we retire," he said. "We can genuinely see purpose, importance, influence ...

Vanguard shutters Singapore office

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
Vanguard is closing its Singapore office following a global strategic review. The $6.8 trillion manager is consolidating its Singapore operations and client activities in Hong Kong, which it expects will be completed by the end of this year. "As part ...

Member takes $50 billion industry fund to court

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
... comment on ongoing legal matters but that it requires all of its investment managers to consider ESG risks when investing in order to deliver competitive long-term returns for members. This includes climate change, the fund said. "Before appointing an ...

Future of superannuation leads FSC Summit

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... industry must address legacy arrangements; duplication of accounts; erosion of account balances; and fees disclosures in order to be sustainable. Cummins suggested a three-step process for addressing challenges facing the industry: to proactively identify ...

Advisers on scam alert

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
... ensure their clients know that all financial providers need an Australian financial services (AFS) licence from ASIC in order to be able to be able to legally carry out their service. If they feel like they are being targeted by a scammer they should ...

Pressure mounts on regional advice

JAMIE WILLIAMSON  |  MONDAY, 23 JUL 2018
... practice to "continuously work with all our advice principals to help them create sustainable, high-quality businesses in order to best serve their clients." Rainmaker analysis shows there are currently 88 sole practitioner advice practices in regional ...