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Showing 201 - 210 of 6167 results for "Statement"

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
... intervention into loss-making IDII products helped curb a disastrous outcome that ultimately led to turnaround in 2022. In a statement to Financial Standard, APRA recently said that it continues to monitor developments around IDII but does not have any ...

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
... engagement with policymakers to make these proposals a success," said Sophia Singleton, president of the society, in a statement. David Lane, chief executive of TPT Retirement Solutions, said his company supports the government's ambition to increase ...

ASIC sues former director of crypto platform owing nearly $60m

MATTHEW WAI  |  THURSDAY, 29 MAY 2025
Following the collapse of the cryptocurrency platform in 2019, former Blockchain Global director Liang Guo, also known as Allan Guo, is being sued by ASIC over multiple breaches of directors' duties. Guo was restrained from leaving the country following ...

Industry groups hammer out guidance on tax-deductible advice fees

ANDREW MCKEAN  |  MONDAY, 26 MAY 2025
... (financial) advice and taxation law. It outlines three potential methodologies for apportioning fees and provides examples, Statement of Advice text and fee summary templates, for active use. FAAA chief executive Sarah Abood said the body is particularly ...

Wealth management has never looked better: Knox

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... portfolios with algorithms, and they haven't worked in Australia," he said. "We understand personal advice requires a Statement of Advice, it requires you look at a person's debt, at their personal circumstances and then you give them advice. ...

Zenith to farewell co-founder, managing director

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... The research house confirmed Huddy will exit the firm in July, shortly before Wright who will leave in September. In a statement, Zenith said: "Both individuals believe that their ambitions for the business are no longer aligned with the aspirations ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... said. Payment of an infringement notice is, however, not an admission of liability. Zurich has been contacted for a statement. The fine comes after the Federal Court's ruling of HCF Life Insurance at the beginning of the month - finding the insurer ...

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... someone on paper gains they haven't received a cent from is not reform - it's confiscation," the SMSFA said in a joint statement with other industry groups. "Australia has a proud history of rewarding effort, enterprise, and prudent investment. A tax ...

Bain Capital backs out of Insignia takeover race

MATTHEW WAI  |  WEDNESDAY, 14 MAY 2025
... "Insignia Financial will continue to keep the market informed in accordance with its continuous disclosure obligations," the statement read. Bain Capital initially placed a takeover bid to acquire all of Insignia's shares at $4 cash per share late ...

Ascent Investment mastermind cops 33 criminal charges

KARREN VERGARA  |  MONDAY, 12 MAY 2025
Michael Dunjey, the mastermind behind a $149 million alleged Ponzi scheme, has been charged with 33 criminal offences. On May 9, the Perth Magistrates Court charged Dunjey, the director of Ascent Investment and Coaching, with 23 counts of fraud under ...