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Showing 1501 - 1510 of 12383 results for "May"

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
Shine Lawyers filed a class action on behalf of Rest members who may have had income protection premiums wrongfully deducted from their superannuation accounts. The class action alleges that from December 2008 to June 2019, Rest automatically enrolled ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... Management with a view to transitioning to chief executive of the group within 12 months. Her appointment is effective from May, and she will receive a base salary of $850,000 inclusive of superannuation. She will also receive $700,000 as a sign-on bonus ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... with transition costs for financial advisers and AFS license holders, including one-off implementation expenses. Advisers may also face increased compliance demands and operational risks, particularly in serving a larger retail clientele, potentially ...

Claremont Global launches ETF range

CHLOE WALKER  |  TUESDAY, 13 FEB 2024
... process. By applying specific quantitative and qualitative criteria, the list is narrowed down to about 150 companies that may be suitable for investment. From there, a further screening process leads to an approved list of around 40 businesses. Finally ...

AustralianSuper to revive UK landmark

CHLOE WALKER  |  TUESDAY, 13 FEB 2024
... Printworks London building. The Printworks building, managed by music and arts operator Broadwick, was closed to the public in May 2023. AustralianSuper and British Land are currently in exclusive talks with Broadwick to operate the new venue. The duo ...

Count drops $4.1m on SMSF services company

CHLOE WALKER  |  MONDAY, 12 FEB 2024
... clients and supporting practice efficiency." Already this month, Count purchased the accounting book of Melbourne-based firm May Klye & Associates via its equity partner firm, Bruce Edmunds & Associates (Bruce Edmunds). It also acquired Business Accounting ...

Crypto fintech needed AFSL, court says

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2024
... significant judgment providing greater insight to the market and legal practitioners as to types of crypto-related products that may fall within the remit of existing financial services laws, albeit questions remain more broadly as to the general applicability ...

IPO Capital clients receive payments from Mayfair 101

JAMIE WILLIAMSON  |  FRIDAY, 9 FEB 2024
Close to four years on from ASIC's first action against Mayfair 101, the group has resumed interest payments to lenders in IPO Capital. Payments for the December quarter have been made in full to more than 12 lenders after waiting for the group's liquidity ...

ASIC issues interim stop orders against Keystone

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... and Conservative. The regulator said it made the orders "to protect retail investors from acquiring products under PDSs that may be defective and not worded and presented in a clear, concise, and effective manner." ASIC said it is concerned the product ...

Insignia Financial names chief executive

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... chief executive of AMP's short-lived Australian Wealth Management business, which was dissolved into the wider business in May last year. Just months after taking on the role, he famously made sweeping changes, restructuring the division, appointing ...