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

Search Results

Showing 21 - 30 of 135 results for "Strip"

FPA pushes for advice law simplification

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... risk of breaching the law, according to the Financial Planning Association of Australia, which is urging the government to strip out layers of complexity in the latest round of reforms. Citing its submission to the Australian Law Reform Commission review ...

ASIC bans two Sydney based advisers

CHLOE WALKER  |  WEDNESDAY, 15 DEC 2021
ASIC has banned the directors of Premier Wealth Management from providing financial advice, while also stripping the firm of its AFS licence. The corporate regulator announced on Tuesday (December 14) it has banned Sydney-based financial advisers Gerald ...

ASIC cancels AFSL of Future Asset Management

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
The regulator has stripped Future Asset Management International of its licence to operate. ASIC cancelled the firm's Australian financial services licence because it is in liquidation. Future AM International is the responsible entity for Future Asset ...

Life insurers getting into rehab concerning: SCA

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
... potentially bring down premiums, while the Design and Distribution Obligations legislation will force superannuation funds to strip their insurance offers of anything that is not needed. Superannuation funds' premium collections on group policies ...

Mawhinney not dishonest, just irresponsible: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 12 MAR 2021
The corporate regulator has slightly softened its accusations against Mayfair 101 founder James Mawhinney - saying he wasn't consciously dishonest, just irresponsible. During a hearing in ASIC's case against M101 Nominees held on March 9, a lawyer for ...

Labor, unions, industry funds seethe

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The opposition party, Industry Super Australia (ISA) and unions have criticised the Retirement Income Review and say the super guarantee (SG) must rise. Labor leader Anthony Albanese said the government is looking for excuses to break its promises. ...

ASI bolsters SMA service

ANNABELLE DICKSON  |  MONDAY, 28 SEP 2020
... individual objectives as well as greater flexibility when managing downside investment risk. In addition, we have been able to strip back cost for our clients which was a key focus for us." Futuro Financial Services managing director Paul Kelly agrees ...

Tax fraud goes from paradise to prison

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... was sentenced in the District Court of Queensland due to his involvement in an intricate tax evasion scheme designed to strip Australian companies of their assets and leave them unable to pay tax liabilities. The scheme was established in a way so that ...

Super CIOs defend illiquid assets

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
At a virtual round table hosted by QIC the chief investment officers of AustralianSuper, LGIAsuper and more defended allocations to illiquid assets. Following weeks of scrutiny over potential liquidity issues facing super funds, the chief investments ...

Best, worst equities performers in COVID-19 sell-off revealed

ALLY SELBY  |  WEDNESDAY, 18 MAR 2020
Latest insights show the fortunes of the 2019 equities rally laggards have changed, having so far come out on top during the COVID-19 crisis. Asia and emerging market strategies have topped their diversified global equities counterparts amid the dramatic ...