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Showing 1481 - 1490 of 3712 results for "Order"

Industry funds call for super shortfall reform

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
... the hardest as they are more likely to take up part-time or casual work. The requirement to earn more than $450 a month in order to incur super payments will also continue to hinder progress. AustralianSuper group executive, membership Rose Kerlin said ...

Argo chairman retires

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
The long-time chairman and director of Argo Investments will retire in June. In a set of announcements to the ASX, Argo confirmed Ian Martin will retire from his positions with the firm, including the chairmanship of both Argo Investments and Argo's ...

APRA urges super funds to examine board skills

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
... chairman Helen Rowell said funds needed to do more than meet the minimum requirements of APRA's prudential framework in order to deliver fund members the best possible outcomes. "The standard of RSE governance is improving, but boards have more work ...

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
... upfront insurance commissions generated by the financial advice to provide 'cash rebates' to the clients. ASIC obtained an order in May, 2017 to restrain the three companies from using this 'cash rebate' model until the trial. The court also hit a former ...

TCorp investment operations boss departs in leadership restructure

ALEX BURKE  |  THURSDAY, 17 MAY 2018
... clients' horizons, government sponsorship and client service focus, we are uniquely placed to manage our clients' assets in order to meet each one's unique risk and return needs," TCorp chief investment officer Stewart Brentnall said. "Restructuring ...

ASIC wants industry views on short selling

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
ASIC is reviewing its approach to short selling, including a proposal which would allow market makers of certain exchange-traded products to naked short sell units in an ETF or a managed fund. The law enforcement agency is seeking feedback on several ...

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... to fulfill their roles. ASIC also said it is open to considering the possibility of entities pooling their resources in order to minimise costs and the duplication of work. The consultation period will run until 28 June 2018 with a final regulatory guide ...

Adviser disciplinary regime has holes: AFA

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
The Association of Financial Advisers concedes the existing disciplinary regime for financial advisers is largely ineffective due to a lack of communication between responsible parties. In its response submission to the Royal Commission the AFA said ...

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
Both ASIC and APRA will receive additional payments from the Government in light of the financial services Royal Commission. ASIC will receive $10.6 million over two years from 2017-18 and APRA will receive $2.7 million in 2018-19. The Government said ...

ASIC drags NSW adviser to court

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
A financial adviser who allegedly recommended his clients set up SMSFs and invest funds in a company where he was a director; and claimed life insurance commissions from illegitimate applications, will face the Federal Court this month. ASIC has commenced ...