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Showing 171 - 180 of 4117 results for "Commonwealth"

Rowe joins Kofkin Bond & Co

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... having been reappointed. Of note, during his time in the role, he oversaw the acquisition of Count Financial from Commonwealth Bank. Rowe has also previously served as chair of the Financial Planning Association of Australia, and of its Future2 Foundation ...

Adviser who faked signatures sentenced in court

CHLOE WALKER  |  MONDAY, 16 JAN 2023
... providing financial services. He was officially charged on June 24 of last year. The matter was prosecuted by the Commonwealth Director of Public Prosecutions after a brief and referral from ASIC.

AvSuper provides merger update, drops admin fees

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2023
AvSuper confirmed its potential merger with Commonwealth Super Corporation is progressing, while also significantly reducing administration fees for members. Following an Expressions of Interest process, AvSuper signed a Memorandum of Understanding ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... Super's MySuper option, Colonial First State FirstChoice Employer Super, BT Super MySuper, Westpac Group Plan MySuper, Commonwealth Essential Super and AMG MySuper. "MySuper options are supposed to be the low-cost, simple default products that we ...

ASIC takes civil action against Firstmac

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... outside the High Livez target market, The regulator said: "Unlike Firstmac's term deposits which were guaranteed by the Commonwealth Government in the amount of up to $250,000 per account, High Livez was not a capital guaranteed product. The TMD indicated ...

Infratil sets up Aus focused renewable energy platform

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... Renewables Limited. The New Zealand infrastructure investment company will invest in Mint Renewables alongside the Commonwealth Superannuation Corporation (CSC). Infratil owns a 73% interest in Mint Renewables, with CSC owning the remaining 27%. The ...

MySuper heatmap reveals sub-par products

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... Super's MySuper option, Colonial First State FirstChoice Employer Super, BT Super MySuper, Westpac Group Plan MySuper, Commonwealth Essential Super and AMG MySuper received a significantly poor performance rating. Many of these products also failed ...

Adviser imprisoned for super fraud

CHLOE WALKER  |  THURSDAY, 15 DEC 2022
... conduct, and his pleas were taken into account by the Judge when handing down sentence. The matter was prosecuted by the commonwealth director of public prosecutions.

Future Fund subsidiaries set to receive tax exemption

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... amendments don't change the net tax paid by the Future Fund board and its subsidiaries or the tax received by the Commonwealth over time. The measure was initially announced in the 2023/23 March Budget and is estimated to have no impact on receipts ...

Former Statewide Super executives charged

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
... another, contrary to s184(2)(a) and (b) of the Corporations Act. The matter has been adjourned to 28 February 2023. The Commonwealth director of public prosecutions is prosecuting the matter following an ASIC referral. Meanwhile, as previously reported ...