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Showing 1661 - 1670 of 4013 results for "Accounts"

Local fintech investment soars

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
... commence on 1 July 2019. The big banks will be required to make information such as credit and debit card, and transaction accounts available. From 1 February 2020, the big banks will need to make mortgage data available. From 1 July 2020, other banks ...

New reforms to smash major super funds

JAMIE WILLIAMSON  |  TUESDAY, 26 FEB 2019
... hardest by the Protecting Your Super package, according to latest Rainmaker insight. More than five million superannuation accounts are set to benefit from the new legislation passed through the Senate last week, which includes the capping of fees at ...

Macquarie shuffles wealth leadership

HARRISON WORLEY  |  MONDAY, 25 FEB 2019
... relationships with about 7000 financial advisers who use Macquarie wealth products, including its wrap platform, cash management accounts and managed accounts offerings. Garrett has been with Macquarie for 19 years, and previously worked at Merrill Lynch ...

Scholarships open for women in finance and superannuation

MICHELLE BALTAZAR  |  FRIDAY, 22 FEB 2019
... manager, strategy and implementation at Colonial First State and Jayne Ker, executive manager, strategic alliances and key accounts at SuperConcepts. "The AGSM Executive Education programs offer a great opportunity to develop professional skills. This ...

Group insurance reforms to be tabled

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... insurance remains. Other reforms passed recently will see the charging of exit fees banned and excessive fees on certain accounts capped. This would benefit about 7.2 million individuals, Robert said. "With 15 million Australian superannuation members ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... officials and investors must be wiping the sweats from their foreheads after the Cabinet Office released its latest National Accounts report and showed the country dodged a recession. Japanese GDP grew 0.3% in the December 2018 quarter following a 0.7% ...

Accountant banned for bad SMSF advice

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... insurance. ASIC also determined that by recommending her accountancy practice - Saber Accountants - prepare the annual accounts and tax returns for SMSF clients, she had effectively recommended the services of a related party so as to earn extra revenue ...

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
... impact of the two new measures could dent earnings by up to $10 million per year. Mota said IOOF holds 40,000 inactive accounts with balances between zero and $6000, equating to $3 million in exit fees per annum. IOOF is still in the process of undertaking ...

ASIC appeals Westpac Federal Court decision

JAMIE WILLIAMSON  |  MONDAY, 18 FEB 2019
... the Corporations Act in 2014, during two telephone campaigns in which staff recommended the rollover of superannuation accounts to Westpac/BT super products. However, the judge said ASIC failed to prove the phone calls constituted personal financial ...

Super account consolidation to hurt AMP

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
AMP will take a $30m hit to the hip pocket if it is forced to send 370,000 low balance super accounts to the ATO. Following the Senate passage of the Government's centerpiece superannuation legislation late last week, AMP informed the market it would ...