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Showing 2251 - 2260 of 10710 results for "May 19"

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
The impact of decelerating coronavirus infections, accelerating vaccination momentum - permitting relaxation of restrictions - sprinkled with generous dashes of fiscal and monetary largesse have been captured in Markit Economics' latest PMI surveys. ...

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
ASIC is taking action against a financial services group for allegedly paying conflicted remuneration totalling $165,000 to its financial advisers who gave inappropriate SMSF and property advice. Equiti Financial Services (Equiti FS) - which is now ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
"Prediction is very difficult, especially if it's about the future." This quote from Danish physicist and Nobel Prize in physics winner Niels Bohr has been proven time after time but more recently in the Australian Federal Treasury's prediction ...

Super fund whistleblower policies lacking: ASIC

KANIKA SOOD  |  THURSDAY, 20 MAY 2021
ASIC says superannuation funds' whistleblower policies are missing key information, including how whistleblowers can protect themselves, and should be published widely. Speaking at the Conference of Major Superannuation Funds in Adelaide on May 20 ...

Long way for super complaints overhaul

KANIKA SOOD  |  THURSDAY, 20 MAY 2021
From October 5 super funds must have stronger internal dispute resolution systems but a new ASIC survey shows many are still overshooting the 45-day deadline for resolving member complaints. The new IDR rules were set out in RG 271 introduced last July. ...

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
Stapling is expected to be the thorn in the Liberals' side when the Your Future, Your Super bill hits parliament next week, as shadow treasurer Stephen Jones digs his heels in on the start date and exclusions for members in hazardous occupations. ...

Super funds under $30bn should merge: APRA

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
APRA deputy chair Helen Rowell says the regulator agrees with the industry view that funds under $30 billion in assets should merge. Rowell said APRA was aware of about 12 super fund mergers currently underway. "The emerging industry view seems to be ...

Stapling will benefit Hostplus: David Elia

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
Hostplus chief executive David Elia said the government's stapling proposal would be good for the industry fund even if it may not be the right thing, at the Conference of Major Superannuation Funds this morning. Elia said 25-35% of new entrants ...

State Street names sales executive

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
State Street has appointed a former Macquarie Securities executive to its outsourced execution team. Based in Sydney, Damian Hoult joined the firm on May 17 as a new outsourced trading sales executive, finishing recently as Basis Global Analytics' chief ...

Draft advice reforms not enough: FPA

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAY 2021
The Financial Planning Association of Australia used its submission on the single disciplinary body for financial advisers to renew calls to remove the Tax Practitioners Board as a regulator of the sector. While the association welcomed the plan to ...