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Showing 21 - 30 of 354 results for "Subsequently"

Super funds taking on the climate crisis

ANDREW MCKEAN  |  WEDNESDAY, 30 AUG 2023
... conference, it was highlighted that despite an uptick in global climate finance, current investment levels are deficient. Subsequently, the urgent need to shift capital from high-emission to low or zero-emission investments affords superannuation funds ...

Ageing population measures needs rethink: Mercer

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
... considerable expertise and experience; and wish to continue to contribute. They should be encouraged to do so," Knox said. "Subsequently, the measurement of future ageing population needs to be more dynamic than the use of static ratios. It must recognise ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... no services, withheld the breaches from ASIC, and then mislead ASIC about the nature and extent of the breaches. Subsequently, AMP's share price declined substantially. In March 2017, AMP shares reached as high as $5.47 and drastically unravelled ...

Foresters Financial launches tax-effective education bond

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... grandparents amid intense financial pressures currently being experienced. "The rising cost of living and education fees has subsequently had a flow on effect, impacting the ability for families to finance their children's education which then impacts ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... be able to perform any functions in financial services as he is "not a fit and proper person" to do so. ASIC has subsequently cancelled the AFSL of PWMS with a condition that the external dispute resolution and arrangements for compensating clients remain ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... scoped being limited to superannuation products only when the clients were also seeking retirement planning advice." Subsequently, the adviser was given a written reprimand in breaching sections 961B(1), 961G, 961J(1) and 921E(3) of the Corporations ...

Mayfair 101 accuses ASIC of "suspicious" conduct over FOIs

JAMIE WILLIAMSON  |  FRIDAY, 4 AUG 2023
... outcome or the details of that secret meeting between the trustee - Vasco Trustees - and ASIC, except that we know they subsequently made out that $18 million had disappeared when it hadn't," Mawhinney said. "IPO Wealth's unitholders deserve ...

Former director pleads guilty to super misuse

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... ASIC's findings, Naseeruddin urged investors to transfer their superannuation savings into newly established SMSFs and subsequently lend those funds to his two companies, Secure Investments Pty Ltd and Aquila Group Pty Ltd. The regulator said between ...

Iress adds new operations, customer service leaders

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... organisational structures in April, which included the appointment of Mitchell, formerly the chief executive of Mine Super. It subsequently hired a new chief financial officer, and superannuation head of growth and partnerships.

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
... venues, and dining out frequency. GoalTracker then calculates the required retirement income for that lifestyle. Subsequently, it establishes an appropriate asset allocation and investment strategy based on the specified income needs. In a related development ...