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Showing 131 - 140 of 461 results for "Subsequently"

Foresters Financial launches tax-effective education bond

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... grandparents amid intense financial pressures currently being experienced. "The rising cost of living and education fees has subsequently had a flow on effect, impacting the ability for families to finance their children's education which then impacts ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... be able to perform any functions in financial services as he is "not a fit and proper person" to do so. ASIC has subsequently cancelled the AFSL of PWMS with a condition that the external dispute resolution and arrangements for compensating clients remain ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... scoped being limited to superannuation products only when the clients were also seeking retirement planning advice." Subsequently, the adviser was given a written reprimand in breaching sections 961B(1), 961G, 961J(1) and 921E(3) of the Corporations ...

Mayfair 101 accuses ASIC of "suspicious" conduct over FOIs

JAMIE WILLIAMSON  |  FRIDAY, 4 AUG 2023
... outcome or the details of that secret meeting between the trustee - Vasco Trustees - and ASIC, except that we know they subsequently made out that $18 million had disappeared when it hadn't," Mawhinney said. "IPO Wealth's unitholders deserve ...

Former director pleads guilty to super misuse

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... ASIC's findings, Naseeruddin urged investors to transfer their superannuation savings into newly established SMSFs and subsequently lend those funds to his two companies, Secure Investments Pty Ltd and Aquila Group Pty Ltd. The regulator said between ...

Iress adds new operations, customer service leaders

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... organisational structures in April, which included the appointment of Mitchell, formerly the chief executive of Mine Super. It subsequently hired a new chief financial officer, and superannuation head of growth and partnerships.

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
... venues, and dining out frequency. GoalTracker then calculates the required retirement income for that lifestyle. Subsequently, it establishes an appropriate asset allocation and investment strategy based on the specified income needs. In a related development ...

ASIC cancels FTX Australia's licence

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
... entered voluntary administration on November 11, and the regulator suspended its AFSL until 15 May 2023, which was subsequently extended to 24 July 2023. KordaMentha partners John Mouawad, Scott Langdon and Rahul Goyal were appointed as voluntary administrators ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
... pronounced when considering government-funded formal care facilities such as residential aged care homes and hospitals. Subsequently, KPMG said incentivising informal caregiving through the addition of SG contributions, could lead to considerable net ...

Ag sector boosts Australia's productivity

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
... productivity to favourable weather conditions in recent years. "Extreme weather conditions directly affect production and subsequently influence MFP measure, as output can vary significantly for a given amount of inputs," the report read. As an example ...