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Showing 2321 - 2330 of 9740 results for "Major"

First State Super acquires rental properties

ALLY SELBY  |  THURSDAY, 30 JAN 2020
... these key service workers. First State Super chief executive Deanne Stewart said housing affordability continued to be a major challenge for the Fund's members, thanks to "inconsistent shift work hours and [a lack of] safe, secure and affordable ...

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... AMP's MySuper products and MyNorth wrap platform clients in 2018 and 2019," she said. The reductions are part of AMP's major program to simplify its super and wrap platform businesses which was announced earlier this month. The changes will see ...

Bearish sentiment bites Aussie investors

ALLY SELBY  |  THURSDAY, 30 JAN 2020
... Doyle said investors shouldn't depend on central banks pumping out cheap money into the economy and should prepare for a major drawback. "Across financial markets there's a view that investors don't need to worry about risk because central ...

Last stand for grandfathered commissions falls over

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
... warnings ahead of the ban on grandfathered commissions and negotiating a fee for service arrangement with clients. "The other major hurdle we have been facing is locating a suitable plaintiff to front the action. This role must be a natural person (not ...

FPA calls for axe to fall on stamping fees

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
The peak body for financial planners has moved to reiterate its stance against non-client directed fees in financial advice, as consultation opens into the government's review of stamping fees. The Financial Planning Association of Australia has welcomed ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
... coronavirus in Australia, four of which have been identified in New South Wales. It comes as Australian scientists achieve a major breakthrough in the global fight against the Wuhan virus, developing a lab-grown copy of the coronavirus in the first step ...

Ponzi scheme rakes in almost $1.5bn

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
A California-based couple has been charged by the US Securities and Exchange Commission for allegedly running a Ponzi scheme worth just under $1.5 billion (USD$1billion). The SEC has charged Jeffery and Paulette Carpoff with violating antifraud provisions ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... whole superannuation system and for financial advice and SMSFs is very dynamic at the moment," Maroney said. "All of the major banks have announced or commenced movement away from directly providing wealth management activities and owning major dealer ...

Netwealth to tap growing HNW demand

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
... across the different client segments," he said. The introduction of the Premium option comes as Netwealth undertakes a "major" product update for its wealth and super accelerator businesses, which includes the introduction of Xwrap as a software-as-a-service ...

Former Wells Fargo chief banned for life

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... people, structure, processes, controls, or culture to prevent the inappropriate conduct." Scharf said the bank had undergone major changes over the last three years. "Over the past three years, the company has made fundamental changes to its business ...