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Showing 3361 - 3370 of 18263 results for "Plan"

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
... that this Jackson Hole 2021 was again held virtually - due to rising Delta variant infections -- instead of the original plan for an in-person tete-a-tete says a great deal about the states of the economy and health the world still finds itself -- much ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
The federal government has announced the ASIC levy paid by financial advisers will revert back to 2018/19 levels for the next two years, saving the sector at least $46 million. The levy will be restored to $1142 per adviser, as was charged in 2018/19 ...

CountPlus profit plummets

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
The ASX-listed advice and accounting group recorded a 59% drop in net profit to $7.1 million as grandfathered commissions came to a halt and COVID-19 impacted the business. Regulatory reform, namely the FASEA exam, also impacted the business however ...

ASIC to ease hardline stance

KARREN VERGARA  |  FRIDAY, 27 AUG 2021
... and burdens of regulatory requirements for our regulated population and consumers". In its recently released 2025 Corporate Plan, ASIC flagged it will take a tougher stance on protecting retail investors. For example, it will target social media advice ...

NAB fined $18.5m over misleading fee disclosure

JAMIE WILLIAMSON  |  THURSDAY, 26 AUG 2021
The big four bank has been ordered by the Federal Court to pay $18.5 million for misleading fee disclosure statements in relation to personal financial advice, in what is the first penalty imposed by the court for such failures. The court found NAB ...

Industry steps up for Lifeline

ELIZABETH MCARTHUR  |  THURSDAY, 26 AUG 2021
Some financial services heavyweights have thrown their support behind Lifeline, as the pandemic, lockdowns and economic uncertainty sees mental health services stretched. Janus Henderson head of retail distribution Jordan Tang organised Berry Motorfair ...

IOOF posts $143.5m loss for FY21

KANIKA SOOD  |  THURSDAY, 26 AUG 2021
IOOF reported an underlying net loss after tax of $143.5 million for FY21, as it cleans out legacy arrangements and integrates recent acquisitions. Revenue for the year was $769.9 million (up 31%), of which $69.1 million came from MLC and $700.8 million ...

Madison delivers for Clime one year on

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
One year after it was acquired, Madison Financial Group has helped boost the performance of parent company Clime Investment Management. Madison, which Clime acquired in June 2020, contributed $3.6 million to the group's FY21 revenue. Madison now has ...

ASIC outlines corporate plan

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
... security and industry compliance over the next four years in order to strengthen the financial system. ASIC's 2021-25 Corporate Plan focuses on economic recovery through including through more efficient regulation, facilitating innovation, and targeting ...

NGS, ACSRF shelve merger plans

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... a Memorandum of Understanding in August 2020, after years of informal discussions, Financial Standard first reported. The plan was to merge by late 2021 subject to due diligence and via a successor fund transfer. The combined board was to have 12 seats ...