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Showing 2201 - 2210 of 28255 results for "NOT"

Property fund management firm loses AFSL

MATTHEW WAI  |  TUESDAY, 15 OCT 2024
... contraventions of the above allow ASIC to cancel a party's licence. Further, ASIC works with AFCA to identify members that do not comply with their obligation to maintain their AFCA membership; if an entity is expelled from the scheme or requests to ...

Acclaim Wealth enters managed account space

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
Acclaim Wealth has partnered with Managed Portfolios to enter the managed accounts space through a managed discretionary account (MDA) service. Acclaim Wealth chief executive Terry Constable, who succeeded Alan Hegerty in October 2023, told Financial ...

Nobel laureates link economic prosperity to colonialism

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2024
... prosperity." Their research helps explain why societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better, presenting convincing evidence for one explanation for differences in countries' ...

HUB24 share price, FUA skyrocket

KARREN VERGARA  |  TUESDAY, 15 OCT 2024
... net inflows of $4 billion in the quarter to September and $3.1 billion of positive market movements. Competitor Netwealth is not far behind, reporting a total FUA to $95.4 billion. HUB24 has a total of 4720 advisers using its platform. Retail comprises ...

Goldman Sachs switches up equity research leadership

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
Goldman Sachs has announced its co-head of Australia equity research Andrew Lyons will depart after 12 years with the firm. As a result of the departure, the firm's current mining analyst Paul Young will join Matthew Ross as co-head of Australia and ...

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... in the year to September to just to 2.1%, down from 3.7% in August. Halmarick said HSI data suggested income tax cuts had not led to a material rise in consumer spending. "The spending slowdown in September was expected after an early Father's Day led ...

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... the corporate tax rate from 21% to 28% featured in Biden's 2020 election campaign," he said. "This corporate tax rise was not implemented by President Biden given the opposition from a Republican controlled House of Representatives over the past four ...

Mutual Trust adds three partners

ELIZABETH FRY  |  MONDAY, 14 OCT 2024
One of the country's oldest wealth management groups has promoted three staffers to partner. Mutual Trust - the Myer and Baillieu family office - said the promotions reflect the increasing number of ultra-high-net-worth families and individuals ...

BNP Paribas shutters EARTH Trust

JAMIE WILLIAMSON  |  FRIDAY, 11 OCT 2024
... completed by November 22. As responsible entity, Equity Trustees said the decision to wind up the fund was due to the fund not attracting the desired number of investors or investment scale, and no further growth is expected in the short to medium term. ...

ASIC cancels fewer AFSLs in FY24

KARREN VERGARA  |  FRIDAY, 11 OCT 2024
... refuse to grant a particular licence authorisation. ASIC can reject applicants' nominated responsible managers if it is not satisfied they can show the necessary competence to deliver the relevant financial service. In terms of professional registration ...