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

Search Results

Showing 321 - 330 of 1613 results for "Recommended"

Former AMP adviser in enforceable undertaking

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... advice business was called Saber Superannuation. She also owned an accounting practice, Saber Accountants, and she recommended that her own accounting practice prepare annual accounts and tax returns for SMSF clients - ASIC determined this action created ...

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
... circumstances in which it is given, could have reasonably be expected to influence the choice of the financial product recommended or the advice given." This followed ASIC's lawyer relaying CBA and CFS's defence that "there was no influence of ...

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... a 300% increase over Mainstream's share price at IPO in October 2015. The directors of Mainstream have unanimously recommended shareholders vote in favour of the scheme in the absence of a superior proposal. Mainstream's three directors and major shareholders ...

Aware Super, Macquarie to acquire Vocus

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... with Vocus confirming it has entered a $4.5 billion agreement with the consortium. The Vocus board has unanimously recommended shareholders accept the proposal, which comes after MIRA made a bid by itself back in February. Aware Super joined MIRA in ...

Aged care RC unveils 148 recommendations

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... the elderly seeking aged care services with information about the system and regularly check in on them. They also recommended applying a new aged care levy; establishing a registration of personal care workers; professionalising the aged care workforce ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... half." ME Bank is currently owned by 26 industry superannuation funds, which unanimously endorsed BOQ's offer as recommended by the board. The transaction will be finalised by August and ME Bank's brand, operations and Melbourne-based presence ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... advice practices to take hire graduates. In its pre-Budget submission, the Association of Financial Advisers (AFA) recommended the government introduce a $10,000 wage subsidy for employing professional year students, citing the significant cost involved ...

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
The Association of Superannuation Funds of Australia (ASFA) has recommended the government remove the indexation of the transfer balance cap and to cap balances at $5 million to balance the system. In its pre-budget submission, ASFA focused its recommendations ...

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... employment of new entrants needing to complete their professional year. In its pre-Budget submission, the AFA has recommended the government incentivise advice practices with a $10,000 wage subsidy for employing professional year students, citing the ...

FPA calls for levy overhaul

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
The Financial Planning Association of Australia (FPA) has recommended a review of the financial advice industry levy ahead of this year's federal budget. The FPA is calling on the government to review the ASIC industry levy and move away from annual ...