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Showing 2841 - 2850 of 10713 results for "May 19"

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
Members of a retail superannuation offering have been remediated close to $3 million after financial advisers failed to comply with legislation that would have seen them transferred to a lower cost MySuper offering in 2017. More than 1266 smartMonday ...

Perth hit worst in housing crisis

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
The stringent government response to COVID-19 has undoubtedly placed the property market cycle on the cusp of another downswing, says CoreLogic's head of research Eliza Owen. Property value declines have been fairly mild, so far this year, with national ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
It was one of the first movers in the fight against containing the spread of infection from the coronavirus pandemic. On March 24, Indian Prime Minister Narendra Modi ordered one of the strictest lockdowns of any country in the world, warning that ...

FASEA provides CPD relief

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUN 2020
Following requests from financial advisers, FASEA has provided relief from compliance with its continuous professional development (CPD) requirements. FASEA will now grant advisers an extra three months to meet its 40 hour CPD requirement. "FASEA recognises ...

Cbus, Media Super explore merger

KANIKA SOOD  |  THURSDAY, 25 JUN 2020
After six months of auditioning potential merger partners, Media Super has settled on Cbus in a model that is expected to be similar to that of Equipsuper and Catholic Super joint venture. The two funds haven't yet signed a memorandum of agreement ...

Crypto investment opportunities outright scams: ASIC

ALLY SELBY  |  THURSDAY, 25 JUN 2020
ASIC has reported an increase in investment scams during the COVID-19 pandemic, with most cryptocurrency "opportunities" in particular panning out to be outright scams. The corporate watchdog saw a 20% increase in scam reports from March to May this ...

Prodigy boutique finds new strategic partner

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
Flinders Investment Partners, which escaped multi-boutique Prodigy's demise, has found a new strategic partner who is acquiring a 50% stake in the small caps equities boutique. Warakirri Asset Management is the investor, and will also provide capital ...

Job vacancies up 15%: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUN 2020
Data from LinkedIn and SEEK has revealed which industries are hiring - with several companies in financial services looking to fill roles. SEEK data from May revealed that job ads in the insurance and superannuation sectors were down 2%, while almost ...

ASIC refuses just 3% of AFSL relief applications

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
The corporate regulator refused just 3% of Australian financial services licence relief applications in the six month period that saw COVID-19 intensify. Outlining the regulator's relief application decisions in the six month period between October ...

New fund launches on ASX

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
A newly established managed investment scheme has launched on the Australian Securities Exchange, aiming to achieve long-term capital growth. The Montaka Global Extension Fund (Quoted Managed Hedge Fund) has been launched to help investors gain access ...