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Showing 221 - 230 of 575 results for "Directed"

Expats sweat as main residence CGT cut-off looms

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... was going to be difficult for some people to sell anyway," he said. "This situation has just made it worse." The bill, directed at foreigners (including foreign investors and expats) aimed to make housing more affordable by reducing foreign investment ...

Complaints abound during COVID-19: AFCA

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... received over 3180 COVID-19 related financial complaints since the pandemic was declared in March, with more than 600 directed at superannuation funds. Speaking to members at on online forum, chief operating officer Justin Untersteiner revealed the COVID-19 ...

Global investment firm appoints new head of distribution

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
... institutional clients in Australia and New Zealand, as well as five Australian Unit Trust funds to retail and advisor-directed investors in Australia.

ISA questioned over political donations

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... think that's consistent with the sole purpose test?" Wilson asked Dean. Dean said questions on that matter should be directed to Sunsuper, which while an industry fund is not an ISA member. However, Dean did ask for clarity on what was defined as ...

TradeFloor acquires tech solutions

ALLY SELBY  |  MONDAY, 11 MAY 2020
... solutions for clients," he said. "We're also building dedicated products like OpenTrader, a trading platform for self-directed investors. "We've already seen significant economic results come out of the OpenMarkets acquisition and have been able to fast-track ...

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
... occurred during the Global Financial Crisis more than a decade ago. At the time, Frydenberg denied that the move was directed at China. Atlas Advisors Australia executive chair Guy Hedley said government's FIRB reforms, which require every foreign investment ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The COVID-19 pandemic saw Australia's equity markets become a hive of activity throughout March, as self-directed investors moved to protect their portfolios from the crisis' economic fallout. Investment platform Self Wealth released its quarterly ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... the ability to direct mergers, which could be used where a fund is unable to meet the needs of members." Funds being "directed" to merge is not off the table, Frydenberg said. "The government expects APRA to exercise those powers in circumstances where ...

Super funds must prioritise liquidity: Regulators

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
... to all registrable superannuation entities, ASIC commissioner Danielle Press and APRA deputy chair Helen Rowell have directed the industry to align themselves with the regulators in ensuring they have the necessary liquidity to meet their obligations ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
... "Income protection insurance protects our members who are unable to work because of their own illness or injury." The fund directed members to the government support available. "Unfortunately, if your employer has closed down or your employment has ceased ...