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Showing 3791 - 3800 of 18263 results for "Plan"

ASIC bans adviser over dodgy super consolidation

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
ASIC has permanently banned a Melbourne financial adviser for allegedly pressuring people into consolidating their superannuation for a fee. Nizi Bhandari has been banned from providing financial services permanently. He was an authorised representative ...

ATO warns of new SMSF scheme

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
... a new scheme it has uncovered that aims to avoid paying potential tax liabilities. The ATO said while it is important to plan for retirement and look for ways to maximise retirement assets and income, it is also important to remember what the legal requirements ...

Global net zero framework launched

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
The Institutional Investors Group on Climate Change has launched the Net Zero Investment Framework, providing institutional investors with a guide to implementing a net-zero investment strategy. Building on the IIGCC's existing body of work, the framework ...

APRA closes Westpac probe

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... Westpac is still subject to a court enforceable undertaking (CEU) to implement an integrated risk governance remediation plan to uplift risk governance across its business with ongoing independent review over its progress. The $1 billion operational ...

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
Services are popping up to assist consumers in getting refunds for fee for no service financial advice, junk insurance and other misconduct exposed by the Royal Commission - but they are doing it for a fee. Remediator is one such service, launching ...

Pahari's pay packet revealed

ELIZA BAVIN  |  THURSDAY, 11 MAR 2021
... was not entitled to a short-term incentive, he remained eligible to participate in the AMP Capital Enterprise Profit Share plan due to his previous role and was awarded an additional $937,724 under that. Pahari took on the role as chief executive of ...

Boutique buys back Montgomery stake

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
A global long/short equities boutique is branching out on its own, as it buys back Montgomery's stake in its business. Andrew Macken and Chris Demasi's Montaka Global Investments was established in 2015, with Roger Montgomery's Montgomery ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
The year 2021 is shaping up to be a mirror image of the year that preceded it - annus horribilis 2020 - when economic growth forecasts were being sliced as the coronavirus epidemic that started in China turned into a pandemic of biblical proportions. ...

Equity Trustees wins super trustee mandate

KANIKA SOOD  |  TUESDAY, 9 MAR 2021
... Aracon Superannuation Fund will use Equity Trustees Superannuation Limited as its independent trustee. Aracon is a master plan whose sub-plans include funds like Elevate Super, Fairvine and Oracle. Aracon Superannuation was initially owned by ARA Consultants ...

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
Mainstream has announced it entered a scheme of implementation deed with Vistra to acquire 100% of the company for an implied value of $170 million. The offer of $1.20 per share represents a 300% increase over Mainstream's share price at IPO in October ...