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Showing 2651 - 2660 of 6884 results for "Act2"

TPB welcomes independent review

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
The Tax Practitioners Board (TPB) welcomed the release of a discussion paper in the review of the TPB and the Tax Agent Services Act 2009. The new discussion paper outlines the views of Keith James, who is heading up the independent review into the ...

ASIC warns trustees on employer inducements

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
Corporate regulator ASIC is reinforcing the illegality of superannuation funds inducing employers and the serious consequences that come with breaching the new law. ASIC released Infosheet 241 on Wednesday, reminding trustees that influencing employers ...

Industry not impressed with APRA

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
The latest stakeholder survey shows the Royal Commission continues to hurt the regulator's standing in the financial services community. APRA's latest biennial stakeholder survey shows industry players are less impressed with the prudential ...

Private equity fund raising $300m

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
A Sydney-based fund is raising $300 million from instos, family offices and retail investors to further its investments in private equity, renewable energy and real estate. Federation Asset Management chair Greg Bundy, who was previously Merrill Lynch ...

Industry fund changes asset consultant

KANIKA SOOD  |  MONDAY, 29 JUL 2019
A $12 billion industry superannuation fund has appointed a new asset consultant, ending a 17-year relationship with Willis Towers Watson. LGIAsuper has appointed JANA to act as its asset consultant, marking the third of its key external contracts to ...

Ban unsolicited life insurance sales: Poll

KARREN VERGARA  |  MONDAY, 29 JUL 2019
An overwhelming number of Financial Standard readers have backed corporate regulator ASIC's move to ban the unsolicited sales of life insurance. Ninety-four percent of participants, who voted in a spot poll conducted last week, said life insurance ...

Pinnacle kicks off race to zero-fee ETFs

KANIKA SOOD  |  MONDAY, 29 JUL 2019
A local boutique is planning to launch Australia's first zero fee exchange traded fund. Pinnacle Investment Management is aiming to bring a zero-fee cash ETF to the ASX, managed by Omega Global Investors and says there may be room to implement the model ...

Lloyds, pension fund pay $250m settlement

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2019
Lloyds Banking Group will pay $250 million in compensation to Standard Life Aberdeen following its attempt to pull a $186 billion mandate in February 2018. Lloyds Banking Group and its subsidiary, Scottish Widows, reached a final settlement with Standard ...

IOOF rejigs CRO role, appoints successor

KARREN VERGARA  |  FRIDAY, 26 JUL 2019
IOOF has redefined the role of its chief risk officer and appointed a compliance and governance expert to the position. The group also announced the sale of one of its advice practices. Amanda Noble, who has been IOOF's acting chief risk officer ...

ASIC clamps down on opaque active ETFs

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
The corporate regulator is set to ask ASX and Chi-X to stop admitting new active ETFs that use internal market making as it mulls a review, Financial Standard can reveal. ASIC has asked all market operators to not launch any new active ETFs with internal ...