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Showing 221 - 230 of 4276 results for "Yesterday"

ASX appoints former ASIC chair to lead advisory group

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
... in its initial stages. Cameron, who formerly served as ASIC chair for eight years, was welcomed at a roundtable held yesterday in Sydney. The roundtable, hosted by ASIC and joined by the ASX and members of the Reserve Bank of Australia (RBA), aimed to ...

Capital Partners acquires Partnership Wealth Management

CHLOE WALKER  |  WEDNESDAY, 2 AUG 2023
Capital Partners Private Wealth Advisers has acquired Partnership Wealth Management. In a deal that was finalised yesterday, The Partnership Wealth Management team will merge with Capital Partners, joining a team of 41 which includes 13 wealth advisers. ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
Financial advice firms are "problematically" sidestepping compensation payments after the Australian Financial Complaints Authority (AFCA) hands down a decision, using the excuse that they do not have professional indemnity insurance (PII). Out of 5400 ...

AI-fuelled narrow market challenges diversification: Epoch

CHLOE WALKER  |  THURSDAY, 20 JUL 2023
... predicts Epoch Investment Partners managing director, research Kera van Valen. Addressing an adviser briefing in Sydney yesterday, van Valen highlighted the seven top stocks which continue to account for more than half of the broad index return. Unsurprisingly ...

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... consolidate the nation's pension fund sector and unlock £75 billion in retirement savings to back high-growth companies. Yesterday, Chancellor Jeremy Hunt delivered the Mansion House reforms and cited plans to stimulate investment by using the nation's ...

Allegro unveils PwC entity as Scyne Advisory

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... PwC's internal investigation into the mishandling of confidential Treasury information by its senior staff. It said yesterday that eight of its partners who were found in breach of professional standards and entangled in the ongoing tax scandal would ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... hopes the Reserve Bank of Australia (RBA) will pause interest rate hikes next week. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), came as a pleasant surprise following consistently high inflation figures since ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... year will see financial advisers slugged $3217, as the levy freeze comes to an end. Under the estimated levies released yesterday, the levy to be paid per adviser has almost tripled from the $1142 that it was frozen at in recent years. Licensees will ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... the industry funding model following a review. Assistant treasurer and minister for financial services Stephen Jones yesterday announced that he will not extend the temporary levy relief for advisers that was in place in 2020-21 and 2021-22. The levy ...

URF investors reject K2 as RE

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... Management as its new responsible entity. Unitholders of URF voted against appointing K2 Asset Management (KAM) as its RE yesterday at a general meeting, with 75.9% rejecting the move. This is despite E&P Investments' three other funds - CD Private ...