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

Search Results

Showing 341 - 350 of 1127 results for "Notice"

AustralianSuper breached member's privacy: Regulator

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
The $180 billion superannuation fund has been ordered to audit certain procedures, after a member's complaint to a federal regulator found the fund interfered with their privacy. The Office of the Australian Information Commissioner (OAIC) on December ...

AMP adviser numbers shrivel

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... began the process of terminating several - mostly smaller - practices. "We knew there were about 250-300 firms they gave notice to that they were terminating, so it's not a surprise," The Advisers Association chief executive Neil Macdonald told Financial ...

WAM sees court win over Keybridge

ELIZA BAVIN  |  FRIDAY, 8 JAN 2021
... Active sought, through the proceedings, to have the court extend the time upon which it was able to have given Keybridge notice under s630 of the Corporations Act," Keybridge said in a statement. "The implications of the late notice were that WAM Active ...

Hostplus axes manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... Balanced Equity Management has been one of Hostplus' core Australian equities managers since January 2003. But, in a notice to members, the $50 billion industry fund advised that following a recent strategic review of its investment portfolio and ...

Foreign investors face tip offs

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
... investment rules for residential real estate," he said. The campaign follows legislation that introduces higher infringement notice penalties for residential land valued over $5 million to support more effective enforcement, as well as new civil penalties ...

Jail time for tax adviser

ELIZABETH MCARTHUR  |  TUESDAY, 22 DEC 2020
The Federal Court has sentenced a tax adviser to seven and a half months in prison and fined him $640,000. Brisbane-based Kent Scott Hacker will spend Christmas behind bars after receiving the seven and a half months sentence. He, and his related companies ...

ASIC takes action against La Trobe Financial

ELIZABETH MCARTHUR  |  MONDAY, 21 DEC 2020
... Financial, but the latter plans to fight the claims. The regulator has taken issue with La Trobe Financial's 90 Day Notice Account and Classic 48 Hour Account. The two funds in question have minimum investment thresholds of just $10 and allow investors ...

New heatmap shames trustees

KARREN VERGARA  |  FRIDAY, 18 DEC 2020
The same underperforming and costly MySuper products APRA named and shamed last year have failed members again in the latest iteration of the heatmaps. APRA is taking action on 10 MySuper products overseen by eight trustees. It will issue notices for ...

Almost 3000 advisers gone in 2020

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... terms last year and terminated a number of practices," Macdonald said. "We knew there were about 250-300 firms they gave notice to that they were terminating, so it's not a surprise that they would be the biggest. There was another smaller group that ...

Retail fund ups premiums

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... members," ING Living Super said. This will affect members with income protection policies for a benefit period to age 67. In a notice to members, ING said premiums for a female in a white-collar profession on a $2000 monthly benefit and 60-day waiting ...