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Showing 331 - 340 of 6170 results for "Statement"

Cbus rolls out Advice Essentials Plus

KARREN VERGARA  |  MONDAY, 28 OCT 2024
... spending more or less," she said. Advice Essentials Plus charges a set fee of $990 that covers one financial plan or Statement of Advice (SoA). For the meantime, the service is provided by video call for members nationwide or in person at the fund's ...

CSLR warns adviser levy will balloon

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... borrowing to invest in property​; misleading, deceptive advice or unauthorised transactions​; and failure to implement a Statement of Advice​ (SoA). Misconduct relating to securities dealing commonly occur in the misclassification of sophisticated ...

Queensland-based financial firm loses AFSL

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
A Queensland-based financial services business has lost its Australian financial service licence (AFSL) following its failure to comply with licensee obligation. ASIC revoked the AFSL of Next Generation Advice (in liquidation) (Next Gen) after the Queensland ...

APRA prioritises supervision of trustee spending

JAMIE WILLIAMSON  |  TUESDAY, 22 OCT 2024
The prudential regulator is clamping down harder on super trustees' spending, saying it has identified "deficient" and "questionable" practices among funds. APRA deputy chair Margaret Cole has informed all RSE licensees that it will be intensifying ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... understand that, by extension, Regal Funds Management (RFM) as the former employer, has also been indicted," Regal said in a statement. "RFM denies the allegations and is considering its rights under South Korean law. Regal confirms there is no impact ...

Charter Hall, Hostplus takeover offer for HPI rejected

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
... provide security holders any premium to HPI's NTA in contrast to ASX listed REIT transaction precedents," HPI said in a statement. "HPI owns a high-quality portfolio that is well positioned for future growth and HPI's business is in a strong position ...

Monochrome launches Ethereum ETF

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... intricacies associated with acquiring, holding, and designing a secure storage solution, according to a product disclosure statement. "By investing in Ethereum Interests, an investor can gain exposure to Ethereum without having to personally handle the ...

Australian Ethical drops investment fees

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
Australian Ethical has lowered investment fees and costs for super members, effective 1 October 2024. Superannuation members invested in the conservative option will see fees reduced from 0.69% to 0.68%. Those in the growth option will see fees drop ...

Insignia Financial to trial four-day work week

JAMIE WILLIAMSON  |  FRIDAY, 11 OCT 2024
... protections at Cbus, which also included additional consultation time for workers whose jobs are impacted by AI. In a statement to Financial Standard, Insignia Financial chief people officer Mel Walls said: "This is a significant milestone in our organisation's ...

ASIC bans adviser who misled TPB

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2024
ASIC banned a financial adviser who was found to have lied to the Tax Practitioners Board (TPB) to remain registered and provided advice to clients despite being unable to manage his own tax affairs. John Hazell, formerly managing director of Richmond ...