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Showing 211 - 220 of 6195 results for "Statement"

ASIC fines advice groups over unregistered advisers

JAMIE WILLIAMSON  |  THURSDAY, 17 JUL 2025
... Skye Wealth, which operates out of Greensborough, Victoria. According to ASIC, the unregistered adviser presented a Statement of Advice to a client in relation to life insurance products. "Failure to register a financial adviser creates a risk for consumers ...

Section 899 ditched but companies face tax uncertainties

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... effectively slaps a global minimum corporate tax rate of 15% for large multinationals in the jurisdictions they operate. In a statement dated June 28, the G7 said the "side-by-side solution" means that US-parented groups would be exempt from the Income ...

Chalmers unveils reforms to enhance RBA transparency

ELIZA BAVIN  |  FRIDAY, 11 JUL 2025
Treasurer Jim Chalmers has released an updated Statement on the Conduct of Monetary Policy (SCMP) and the first Statement of Expectations for the Reserve Bank of Australia's (RBA) governance board. Chalmers said the RBA Monetary Policy Board formally ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
... (APRA), and the Australian Treasury. This project is one of the initiatives highlighted in the government's March 2025 Statement on Developing an Innovative Australian Digital Asset Industry. As part of the new phase, 24 use cases from a diverse range ...

ASIC bans advisers for dodgy Shield Master Fund advice

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
Two former MWL Financial Services financial advisers who invested clients' superannuation in the Shield Master Fund have copped bans from the regulator. Matthew Simon Bradley has ceased working in financial services for eight years after ASIC found ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... ASIC's industry funding levy for the 2025 financial year, new estimates show. ASIC's Cost Recovery Implementation Statement (CRIS) report shows that advisers who provide personal advice to retail clients on relevant financial products, which ...

Janus Henderson finalises strategic partnership with life insurer

MATTHEW WAI  |  THURSDAY, 3 JUL 2025
... outcomes for clients and policyholders alike." Guardian chair and chief executive Andrew McMahon echoed Dibadj's statement, adding that he believes this partnership will allow the firm to accelerate investment strategies and bolster wealth management ...

ClearView welcomes underwriting head

MATTHEW WAI  |  MONDAY, 30 JUN 2025
... existing ClearChoice and LifeSolutions policies, as well as to new policies issued before the next Product Disclosure Statement (PDS) update," ClearView said. "They will apply to claims where the condition or symptoms first present on or after 5 June ...

Brite Advisors auditor admits failures, surrenders registration

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
ASIC has accepted a court enforceable undertaking from DM Advisory Services principal David Makowa, the auditor of Brite Advisors. Makowa, a veteran of more than 20 years in practice - including stints at Ernst & Young and KPMG - has surrendered his ...

Talent exodus hits Zenith, Lonsec and Evidentia

ELIZABETH FRY  |  THURSDAY, 26 JUN 2025
... to continue to enhance its partnership-led investment consulting and asset management services," Ascalon noted in a statement last week following Roga's appointment. However, not all the moves are departures. Evidentia has made fresh appointments ...