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Showing 1461 - 1470 of 4928 results for "MIS"

ASIC disqualifies SMSF auditor

ANNABELLE DICKSON  |  WEDNESDAY, 30 JUN 2021
The corporate regulator has disqualified a self-managed superannuation fund (SMSF) auditor for breaching independence and auditing standards. ASIC found that Gordon Victor Shrubsole from Miranda, New South Wales lacked independence during the process ...

Adviser slapped with four-year ban

KARREN VERGARA  |  MONDAY, 28 JUN 2021
Another former Meritum Financial Group and InterPrac Financial Planning adviser has copped a ban from the corporate regulator. From 1 April 2021, ASIC banned Hobart-based Hannah Jennings from providing financial services for four years for failing to ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
Financial advice regulatory reforms that include establishing one disciplinary body and giving ASIC greater powers over the industry are closer to becoming law. The minister for superannuation, financial services and the digital economy Jane Hume introduced ...

CountPlus acquisitions boost revenue by $9.4m

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
The 11 financial advice and accounting firms CountPlus has acquired this financial year are anticipated to bring in $9.4 million in revenue. In an operational update to the ASX, CountPlus managing director and chief executive Matthew Rowe said the group ...

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
The corporate regulator is fighting tooth and nail to make National Australia Bank pay a hefty penalty for charging customers fees in return for no service. In the Federal Court this morning, ASIC representative Christopher Archibald QC recalled the ...

Verve Super launches gender diversity index

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
Verve Super has launched a gender diversity index and will subsequently change how it allocates members' funds based on how Australian companies perform against the index. The Verve Gender Equality Index selects public Australian companies that ...

Employers should pay SG rise: ASFA

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
The Association of Superannuation Funds of Australia (ASFA) showed businesses can afford to pay the increase of the Superannuation Guarantee without cutting the wages of employees. As of July 1, the SG rate will rise from 9.5% to 10% and ASFA argued ...

AAT dismisses adviser ban appeal

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
A former RI Advice Group financial adviser's appeal to overturn his permanent banning order has been dismissed by the appeals tribunal. Robert Hutchison was permanently banned from the industry in 2017 after an ASIC investigation found that he funneled ...

James Mawhinney files appeal

ELIZABETH MCARTHUR  |  TUESDAY, 15 JUN 2021
Embattled Mayfair 101 founder James Mawhinney is maintaining his innocence, fighting his 20-year ban from soliciting and receiving funds in relation to financial products. Mawhinney has retained Roberts Gray Lawyers and has lodged an appeal with the ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
We really do see what we want to see and hear what we want to hear... and rationalise accordingly. How else does one explain the US equity market's opposing reaction to the two most important indicators the Fed watches in determining its next policy ...