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Showing 1661 - 1670 of 6884 results for "Act2"

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
The Association of Financial Advisers has hit back at ASIC and APRA for causing "confusion" and "interfering" with financial advice as they look to introduce new changes to Statements of Advice. The association points to the regulators' joint letter ...

Louise Walsh launches Walsh Capital

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
Former Future Generation chief executive Louise Walsh is branching out independently, launching Walsh Capital. Walsh Capital will provide bespoke capital raising for a select group of boutique investment managers, typically managers which have been ...

SocietyOne launches portal, hires

ELIZABETH MCARTHUR  |  MONDAY, 5 JUL 2021
Digital finance platform SocietyOne has launched a new broker portal and made several key appointments. The new broker portal features a 'quick quote' and secured loan option, which the company said should allow brokers to find a rate for their client ...

Westpac in fresh $87m remediation program

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
The failure of Westpac's former advisers to pass on corporate actions to clients for more than a decade will see the big bank pay a hefty bill. The $87 million that will be remediated affects 32,000 customer accounts, ASIC announced this morning ...

Regulators warn trustees of super advice fee obligations

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
The regulators issued a firm reminder to trustees and financial advisers to heed the new law that limits the charges on superannuation advice. From July 1, trustees and financial advisers must have the proper processes and systems in place to meet the ...

Homebuyer schemes speed up saving time

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
... (FHLDS) or New Home Guarantee (NHG). CBA customers in NSW saved an average of 5.05 years followed Victoria (4.99 years), ACT (4.53 years), WA (4.50 years), SA (4.42 years) and Queensland (4.20 year). "We know that saving for a deposit is one of single ...

ASIC disqualifies SMSF auditor

ANNABELLE DICKSON  |  WEDNESDAY, 30 JUN 2021
The corporate regulator has disqualified a self-managed superannuation fund (SMSF) auditor for breaching independence and auditing standards. ASIC found that Gordon Victor Shrubsole from Miranda, New South Wales lacked independence during the process ...

Wilsons adds to board

ANNABELLE DICKSON  |  WEDNESDAY, 30 JUN 2021
The stockbroking and advisory firm appointed the former chief executive of Commonwealth Bank alongside Craigs Investment Partners head of private wealth and market to its board. Ralph Norris and Jeremy Williamson have been appointed as non-executive ...

SG Hiscock introduces medical tech fund

JAMIE WILLIAMSON  |  TUESDAY, 29 JUN 2021
The boutique fund manager is launching a new social impact fund that will invest in Australian and New Zealand medical technology companies. The SG Hiscock Medical Technology Fund aims to provide long-term capital growth via a portfolio of innovative ...

Adviser slapped with four-year ban

KARREN VERGARA  |  MONDAY, 28 JUN 2021
Another former Meritum Financial Group and InterPrac Financial Planning adviser has copped a ban from the corporate regulator. From 1 April 2021, ASIC banned Hobart-based Hannah Jennings from providing financial services for four years for failing to ...