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Showing 321 - 330 of 3417 results for "Update"

Adviser permanently banned for faking qualifications

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
A Western Australian financial adviser was permanently banned after he lied to his employer and clients about having passed the Financial Adviser Exam. Dashiel Benjo Vee, also known as Dash Vee, is banned from providing financial services, controlling ...

DigitalX to launch Bitcoin ETF on ASX

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... of investing in this emerging asset class for individual and institutional investors," according to the PDS. In a June update to shareholders on its funds and the value of its Bitcoin and digital assets, Wade said the firm's funds traded lower that month ...

Sequoia professional services lead exits, restructures business

KARREN VERGARA  |  THURSDAY, 4 JUL 2024
... Connect Research. "As outlined to shareholders in our February 1HFY24 results report, and most recently in our April investor update, the Group is continuing to streamline our business model, to drive greater efficiency across our businesses, and provide ...

TelstraSuper produces 9.6% MySuper return

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
TelstraSuper's lifecycle MySuper offering turned around 9.6% for all its members under 50 who have not made an investment choice. The result, which is net of all investment fees and taxes, demonstrates the value of its lifecycle structure, chief investment ...

APRA heightens expectations around trustees' spending

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
APRA reissued guidance around strategic planning and member outcomes, placing a clearer focus on superannuation members' interests when it comes to fund expenditure. The regulator updated Prudential Standard SPS 515 Strategic Planning and Member Outcomes ...

AAT mitigates adviser's permanent ban

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
The permanent banning of financial adviser Todd Karamian, who faked his exam result, has been slashed to seven years upon appeal. ASIC banned Todd Karamian in March 2023 after the Bluepoint Consulting chief executive and co-founder altered his Financial ...

ATO seeks submissions on defining an 'employee'

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
The Australian Taxation Office (ATO) has issued a draft update to its tax ruling TR 2023/4 for consultation which determines when a person is considered an employee under the Superannuation Guarantee (Administration) Act 1992 (SGAA). The draft update ...

Iress hack investigation finds 20 OneVue files breached

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
... user space on third-party platform GitHub, which managed software code before it goes live elsewhere, was accessed. In an update today, Iress said it's concluded its investigation into the incident, which occurred on May 13, and did not find any ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... Sequoia Financial Group were not transparent about their relationship and breached substantial shareholder laws. In an update to the ASX relating to the ongoing battle for leadership and control of Sequoia, the panel said the actions by the shareholders ...

Retirement Income Covenant still weak: APRA, ASIC

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... opportunities to accelerate progress in closing these gaps, including by leveraging examples of progress outlined in this industry update." APRA deputy chair Margaret Cole was most concerned about trustees failing to track the success of their strategies ...