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Showing 381 - 390 of 1614 results for "Ground"

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
The $110 billion superannuation fund has decided to not appeal a Federal Court order upholding an AFCA decision but says it creates further obligations for superannuation trustees. In April, QSuper's board appealed unsuccessfully to the Federal ...

Investment approaches in change phase

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... were evolving their practices into TPA and WTW senior consultant Tim Unger said the COVID-19 crisis is the perfect testing ground. Unger said that while the more traditional approach of using benchmarks to assess performance, and measuring success by ...

Bitcoin bonanza amid COVID-19 crisis

ALLY SELBY  |  MONDAY, 27 APR 2020
... opportunity to buy potentially oversold and discounted stocks and assets, and have helped the market recover some lost ground." While the S&P 500 has lifted 25% since its March lows, Bitcoin has surged just shy of 50% over a similar time frame, De Corrado ...

University of Sydney scores win at CFA competition

KANIKA SOOD  |  FRIDAY, 24 APR 2020
... mentor Michael Toh of Regal Funds Management and the local chapter of CFA Society. "This competition is a real proving ground. This year's students faced the added challenge of analyzing companies in an environment where even seasoned professionals ...

Dealer group AFSL in limbo

ALLY SELBY  |  THURSDAY, 23 APR 2020
The suspension of MyPlanner Professional Services' AFSL is on ice as the Administrative Appeals Tribunal reviews ASIC's decision. It comes after the corporate watchdog suspended the advisory firm's AFS licence on February 12 on the grounds ...

The domino effect: Oil falls, markets follow

ALLY SELBY  |  TUESDAY, 21 APR 2020
Despite all the jaw dropping falls that investors have endured during the COVID-19 crisis, the US oil price crash overnight may just be the worst. The price of West Texas Intermediate crude oil for May plunged more than 190% during trade on Monday ...

Brokerage platform appoints managing director

ALLY SELBY  |  MONDAY, 20 APR 2020
... same date. SelfWealth chair Tony Lally thanked Ward for his effort and drive in building the brokerage platform from the ground up. "Andrew is among a tiny group of successful entrepreneurs who took a dream and built a business meeting the real needs ...

Should unused services on AFSLs be subject to ASIC levy?

KANIKA SOOD  |  FRIDAY, 17 APR 2020
An AFSL holder asked the court to review its entreaty to ASIC to waive industry funding levy for services that it was licensed to offer but did not. Polymath Investors acquired an Australian Financial Services Licence in 2010 to work with wholesale ...

MLC Life executive joins AFCA

HARRISON WORLEY  |  FRIDAY, 17 APR 2020
A member of MLC Life's leadership team has been appointed lead ombudsman for investments and advice at AFCA. A former industry super fund has also joined the body as lead ombudsman for superannuation. MLC Life Insurance chief of customer operation Natalie ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... premise had been established, the appeal would otherwise fail." "During the appeal QSuper sought to raise an additional ground which was factually inconsistent with the first two grounds, namely that if AFCA did not in fact consider CA s1017B(4), it ...