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Showing 3731 - 3740 of 10705 results for "May 2012"

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
A boutique fund manager is launching a listed investment trust in a bid to raise $500 million. Regal Funds Management's Regal Investment Fund (RF1) provides exposure to a selection of alternative investment strategies and risk-adjusted absolute ...

Members dismiss intra-fund advice: Poll

KARREN VERGARA  |  MONDAY, 29 APR 2019
An overwhelming majority of superannuation fund members working within the financial services industry have never sought financial advice from their fund. About three quarters (71%) of participants in Financial Standard's latest poll admitted intra-fund ...

Super tax strategies a hot topic

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
AMP's technical superannuation adviser support team saw a rise in the number of advisers querying tax deductions for personal superannuation contributions last month. Data from more than 2090 calls made by advisers last month showed more clients were ...

APRA grants ADI licence to Judo Bank

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
The Australian Prudential Regulation Authority has granted Judo Bank, formerly Judo Capital, a licence to operate as an authorised deposit-taking institution without restrictions in what is being welcomed as a win for banking competition and fintechs. ...

Fire drills needed to meet APRA standards

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
APRA's new enforcement approach to cyber security may mean financial services firms have to conduct fire drills - where fake viruses or phishing attacks are deliberately spread in their systems - to work out the strength of their systems. APRA released ...

Compensation experts boost chief executive pay

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
New research suggests ASX-listed companies that hire compensation consultants tend to boost the pay packets of its chief executives. The academic study, which analysed the top 500 public Australian companies, found 30% used a compensation consultant ...

Former NAB adviser charged

JAMIE WILLIAMSON  |  TUESDAY, 23 APR 2019
A former NAB financial adviser has been charged with two offences following an investigation by ASIC. Max Kiattisak Eung of Tempe, New South Wales was charged with two offences of obtaining financial advantage by deception. It is alleged that between ...

ASIC bans Gold Coast adviser

ELIZABETH MCARTHUR  |  TUESDAY, 23 APR 2019
ASIC has banned a Gold Coast financial adviser from providing financial services for six years. ASIC found that Rodney Peters represented to clients that he had authority to engage in discretionary trading when this was not the case. Peters was previously ...

AFCA changes could impact PI cover cost: FPA

HARRISON WORLEY  |  TUESDAY, 23 APR 2019
The Financial Planning Association of Australia is urging AFCA immediately consider and investigate the potential impact of its proposed legacy claims rule on professional indemnity insurance, with fears the cost of PI cover may rise. The FPA is concerned ...

Superannuation fund drops fees

KARREN VERGARA  |  TUESDAY, 23 APR 2019
After switching administrators, a $15 billion superannuation fund has dropped a number of its fees. CareSuper has removed several fees from 1 April 2019, including contribution splitting fees ($50), family law splitting fees ($40) and exit fee on withdrawals ...