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Showing 271 - 280 of 3727 results for "Seven"

Trustees, advisers have 'insufficient focus' on performance

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... monitoring. However, Kirkland added that during ASIC's review period trustees flagged for monitoring or took other steps for only seven of these. Additionally, for eight of these, at least 90% of members were advised. "We also reviewed the advice files ...

Half of advice, super complaints result in no remedy

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... of superannuation complaints were resolved on the same day, while three-quarters of the complaints were resolved within seven days. Almost all complaints (99%) were resolved within 51 days. Taking account of all financial firms that are required to report ...

Commonwealth Super partners for admin uplift

JAMIE WILLIAMSON  |  WEDNESDAY, 27 NOV 2024
... Superannuation Corporation will work with Novigi to consolidate all its systems into one administration platform under a new seven-year deal. Effective immediately, CSC is partnering with Novigi to modernise the way it's administered and elevate the ...

Adviser suspended over wrongful use of ROAs

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024
... Services and Credit Panel after he was found to have issued Records of Advice (ROAs) that relied on SOAs that were up to seven years old. This occurred in the case of three clients, ASIC said. The FSCP said the further advice exemption from giving an ...

HMC Capital launches DigiCo REIT

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
... exciting time for the group and private credit in Australia. I've known the team since financing their first acquisition seven years ago and admired their stellar growth to become a leading Australian alternative investment manager."

Private equity, real estate spearhead unlisted assets demand

KARREN VERGARA  |  FRIDAY, 22 NOV 2024
... more than half of investors (57%) hold their private markets investments for more than five years, and 17% for more than seven years. More than half (55%) of institutional investors believe new partnerships between private capital and governments will ...

Treasury consults on new crypto tax laws

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
... tax transparency with respect to financial accounts held abroad," the OECD said. "Since the CRS was adopted in 2014, over seven years have passed, in which over 100 jurisdictions have implemented the CRS and financial markets have continued to evolve ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... proposed changes, an individual's Superannuation Guarantee (SG) contribution must be received by their super fund within seven days of their wage or salary being paid. If an employer fails to pay on time, they will be liable to pay an SG charge. ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
CareSuper and the Meat Industry Employees' Superannuation Fund (MIESF) are exploring the viability of a merger. The two funds have entered a Heads of Agreement and commenced a due diligence process. It comes hot on the heels of CareSuper completing ...

Active managers outperform in limited asset classes, fall short in survivorship

KARREN VERGARA  |  MONDAY, 18 NOV 2024
... growth strategies, passive management has a stronghold. This section is dominated by US market exposure. The Magnificent Seven stocks buoy passive investing in this category during the periods. Passive funds returned as much as 11.3% over five years ...