Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 311 - 320 of 1345 results for "Grant"

AAT refuses Allegra AFSL

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... Reform (Hayne Royal Commission Response-Stronger Regulators [2019 Measures]) Act 2020. The reforms mandate that ASIC must not grant a licence unless it has no reason to believe a controller, officer or senior manager is not a fit and proper person to ...

Land tax favourable over stamp duty: Survey

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
An annual land tax is a preferable replacement for stamp duty, according to a survey by Finder. Of the 40 experts and economists surveyed by Finder found nine in 10 were in favour of the proposed ditching of stamp duty. In November, the NSW state government ...

Exemptions to AFSLs explained by ASIC

ELIZA BAVIN  |  THURSDAY, 26 NOV 2020
The Australian Securities and Exchange Commission (ASIC) has provided guidance to trustees of unregistered managed investment schemes in relation to whether they require an Australian financial services licence. The regulator stressed that a trustee ...

AMP Capital appoints NZ lead

ELIZA BAVIN  |  WEDNESDAY, 25 NOV 2020
... having been with AMP Capital for close to 19 years. AMP Capital global head of fixed income and chair of AMP Capital NZ, Grant Hassell said he was excited to appoint someone of Swan's calibre to the role. "Rebekah is a highly valued and respected member ...

Kogan execs chase big bonuses

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... clear from the meetings I had was that we should have held an [extraordinary general meeting] in May when we announced the grant of retention options to Ruslan [Kogan] and David [Shafer]," Ridder said. "At the time, shareholders could only have dreamed ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
... joint committee on corporations and financial services, chair of the committee Senator James Paterson asked auditor general Grant Hehir about the relocation expenses ASIC paid Shipton and Crennan, and about Shipton's tax bill. Shipton had an agreement ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
A former financial adviser has pleaded guilty to misappropriating $2.9 million of client funds by transferring the money to his own accounts for personal use. Ross Hopkins from NSW, appeared at the Downing Centre Local Court, where he pleaded guilty ...

Invesco advances active non-transparent ETF

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... Securities and Exchange Commission (SEC) published a notice regarding the firm's exemptive application, "indicating its plan to grant the needed relief subject to any comments it receives", Invesco announced. If the application is approved, Invesco will ...

Powerwrap exec jumps to Insync

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... senior roles at KPMG, Decimal, Australia Skandia and Asgard Wealth Solutions. Insync executive and investment specialist Grant Pearson told Financial Standard the firm was pleased to welcome Gillett to the team. "It's enormously pleasing to have ...

CBA executive pay voted in

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
Commonwealth Bank shareholders have voted for the adoption of the remuneration report and the grant of securities to the chief executive in the annual general meeting. In the annual general meeting, 78.54% of shareholders proxy voted in favour for the ...