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| | | ... oversight. "A sharp, sudden economic jolt may see listed equities devalued instantaneously; private assets, meanwhile, may not be revalued for months thereafter," it said. "This can benefit members who switch out of their super fund before a private ... |
| | | | ... loss-making positions, the FCA said, which led to incorrect positions of profits and losses recorded and reported. The trades did not have any effect on the market. In relation to the incident, the FCA has banned Klein from the financial services industry ... |
| | | | ... ability to structure the fund in a way which best suits the needs of fund members." He has however highlighted that SMSFs are not designed for everyone. "[it is] for those individuals who want to take direct control of their retirement savings, whether ... |
| | | | ... performance, the bar for making changes to the Future Fund's mandate should be set very high and Treasury's latest directive does not meet that threshold, Deloitte Access Economics says, adding they raise more questions than they answer. Last week, Treasury ... |
| | | | ... specialising must reckon with how to leverage technology to make this possible amidst the influx of wealth Australians do not know how to plan for, according to industry experts. A panel of experts from different branches of financial advice at the intelliflo ... |
| | | | ... Management, which replaced Ausbil. Platypus' Australian equities strategy now oversees the funds, the size of which was also not disclosed. In the year to September, the Platypus Australian Equities Fund returned 36.1%, outperforming the benchmark ... |
| | | | ... days. But that's all Charter Hall is offering for your share in the 58 pubs you own through HPI. That's cheap, but not at all cheerful." The two parties initially put $3.65 per security on the table then upped it to $3.85. Earlier this month ... |
| | | | ... reports, saying the legislation would double the taxation on some super members. "The Division 296 super tax is hugely unpopular, not simply because it increases the tax burden on those with more than $3 million in superannuation, but because it does ... |
| | | | ... old. This occurred in the case of three clients, ASIC said. The FSCP said the further advice exemption from giving an SOA did not apply to two of the three clients as their personal circumstances had changed significantly in the relevant period. All ... |
| | | | ... superannuation fund has topped up its mandate with Payden & Rygel to manage a total of $700 million in assets. Payden & Rygel did not disclose which super fund awarded the mandate but said the money was invested in the Payden Multi Asset Credit (PMAC) ... |
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