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Showing 241 - 250 of 458 results for "Deem"

Swiss manager invests in Queensland solar

KANIKA SOOD  |  THURSDAY, 15 NOV 2018
... step in the internationalisation of SUSI`s investment remit and the first investment into the Australian market, which we deem highly attractive for clean energy infrastructure investments, despite the recent energy policy uncertainties," he said with ...

FSC moves to protect retail super from ALP 'tinkering'

HARRISON WORLEY  |  WEDNESDAY, 14 NOV 2018
The Financial Services Council has gone in to bat for retail superannuation fund members over Labor's proposed changes to franking credits. In a submission to the House of Representatives Economics Committee, the FSC outlined the impact of the current ...

ASIC bans Spectrum Wealth adviser

KARREN VERGARA  |  WEDNESDAY, 10 OCT 2018
The corporate regulator has banned a Spectrum Wealth adviser from providing financial services for three years, following an investigation that sprung from reports sent to ASIC by life insurers. Gurumukh Singh Mehra failed to act in his clients' ...

LIC invests in crypto platform

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
A listed investment company has secured a 25% stake in a cryptocurrency issuance platform. First Growth Funds (FGF) invested US$285,000 in FutureICO, an initial coin offering platform that helps companies to issue tokens and digital currency. As part ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
CommInsure admitted it misled the Financial Ombudsman Service that was helping resolve a claimant's dispute by deliberately withholding medical information and delaying the process, the Royal Commission heard yesterday afternoon. Counsel assisting ...

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
Colonial First State admitted to falling below community standards when it crafted poor communication to super fund members to dissuade them from moving to a cheaper default option. One financial adviser was banned in the process, the Royal Commission ...

Poor systems delay MySuper transitions: CFS

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
Operational constraints and poor systems once again took a beating at this morning's Royal Commission hearing, contributing to what Colonial First State admits was a lengthy transition of members to MySuper products. CFS executive general manager ...

FASEA bumps adviser CPD to 50 hours

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
Financial advisers will need to complete 50 hours of continuing professional development under new proposals from the Financial Adviser Standards and Ethics Authority. Releasing its draft guidance on CPD, FASEA is proposing the number of hours advisers ...

SMSFA slams PC draft findings

KARREN VERGARA  |  WEDNESDAY, 25 JUL 2018
The SMSF Association has slammed the Productivity Commission for labelling smaller-sized self-managed super funds as "fundamentally flawed" and for not comparing returns on a level playing field. In its submission to the Productivity Commission's draft ...

Three attempts at adviser exam is fair: Poll

KARREN VERGARA  |  MONDAY, 23 JUL 2018
Three attempts to pass the Financial Adviser Examination is welcomed by Financial Standard readers, the publication's latest spot poll shows. Overall, the exam's content, structure and 65% scaled pass score as proposed by the Financial Adviser ...