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Showing 1511 - 1520 of 3268 results for "January 29"

Safeguard wills with specialist advice: Lawyer

KARREN VERGARA  |  THURSDAY, 11 JAN 2018
This time of year is an ideal time to seek estate planning advice to ensure wills are up-to-date and legally valid to reflect any material family and financial changes, according to a legal expert. Equity Trustees estate planning lawyer Stephanie Smith ...

Asset test rules hurting retirement savings: SMSFA

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2018
The SMSF Association is voicing its concerns over changes to the assets test rules for the Age Pension, that is discouraging retirement savings and has other "detrimental" behavioural effects one year on. SMSF Association chief executive John Maroney ...

Super fund ESG specialist joins PRI committee

DARREN SNYDER  |  TUESDAY, 9 JAN 2018
An ESG investment specialist at a $41 billion industry superannuation fund recently joined one of the top advisory committees at the Principles for Responsible Investment. Prior to Christmas the United Nations-supported PRI announced its newest members ...

Leading tech company farewells NZX

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2018
A global cloud accounting software provider has provided clarification as to when it intends to delist from the New Zealand Stock Exchange. In a statement to the ASX, Xero has confirmed that the final day of trading for Xero on the NZX will be Wednesday ...

RNY wind-up sought as ASIC blocks Aurora move

ALEX BURKE  |  TUESDAY, 9 JAN 2018
RNY Australia Management (RAML), currently acting as responsible entity for the RNY Property Trust (RNY), will seek to wind up RNY in light of a decision against prospective RE Aurora Funds Management. ASIC did not grant a variation to Aurora's licence ...

J.P. Morgan winds up global equities fund

ALEX BURKE  |  TUESDAY, 9 JAN 2018
J.P. Morgan has requested the responsible entity of one of its global equity products to terminate the fund and distribute net proceeds to unitholders. The JPMorgan Global Income Fund was launched in December 2013 and, based on Rainmaker data, had about ...

Former Centra Wealth adviser banned

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2018
A South Australian financial adviser was permanently banned after he was found to be receiving fees for service into his personal bank account. ASIC has banned David Mario Alafaci on the basis that he is not of good fame or character. An authorised ...

Global asset manager appoints Aussie managing director

DARREN SNYDER  |  MONDAY, 8 JAN 2018
An investment industry veteran has stepped down from his role as managing director at the Australian office of a US-based multi-affiliate asset manager. His successor has also been named. Prior to the Christmas holidays Gregor Rennie indicated to Affiliated ...

Life insurance inflows stable: Research

KARREN VERGARA  |  MONDAY, 8 JAN 2018
The life insurance market grew 2.4% to $16.2 billion in the year to September, latest statistics from Strategic Insight show. The group insurance segment however, recorded minimal growth, up 1.8% year-on-year to $6.3 billion, with MetLife (14.1%), TAL ...

Former SMSF Association chief joins CEFC board

KARREN VERGARA  |  MONDAY, 8 JAN 2018
A former Self-Managed Superannuation Fund Association chief executive will join the Clean Energy Finance Corporation board on February 1. Minister for the Environment and Energy Josh Frydenberg and Minister for Finance Mathias Corman announced Andrea ...