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Showing 391 - 400 of 4616 results for "Issues"

Build Your Wealth adviser cops ban

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... placed an interim stop order on Storehouse Residential Trust, which K2 Asset Management is a responsible entity for, due to issues with its target market determination (TMD). K2 subsequently issued a new TMD that addressed ASIC's concerns that included ...

SMSFs thrive amid ATO compliance complications

MATTHEW WAI  |  THURSDAY, 25 JUL 2024
... and mentioned by a growing chorus of advisers and accountants as well," Guiamatsia said. Administration and compliance issues have compiled ahead of client's investment selection, which has recently been more independent from the increasing activity ...

ANZ staff axed over treasury bond scandal

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
... well as launching its own internal investigation. "With the assistance of external counsel, we are investigating these issues with the urgency expected and the group board continues to supervise this work closely," Elliott said. "We have been very clear ...

Insignia Financial looks to slash redundancy entitlements

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2024
... Hartley, calling on him to reconsider Insignia's position on working from home and to engage with the FSU to address these issues. "Unfortunately, this has fallen on deaf ears and Mr. Hartley has chosen to ignore workers' concerns," she said. ...

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... re-elected, we could get a political monetary policy or a less independent Federal Reserve. There are also some structural issues keeping inflation high such as de-globalisation, protectionism, and declining Baby Boomer workforce participation," he s ...

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... warned its upcoming FY24 results will be impacted by "a significant increase in remediation for legacy quality of advice" issues. In a quarterly update, Insignia Financial confirmed it is adding $135 million after tax to its remediation bill for FY24. ...

OnePath Custodians fined $11m for MySuper failures

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... These MySuper changes came into effect ten years ago. Our patience for entities who are still struggling with foundational issues, with the potential for serious impact to members, has run out." "OPC is one of four trustees in the Insignia group, which ...

Beaconsfield takes control of New Quantum

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... Asset Management, the trustee of an unsecured lender to New Quantum Holdings, on the financing of the company and other key issues. "This misalignment threatened the viability of the group." Last month, ASIC obtained interim orders from the Federal Court ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... maintain fund integrity. This approach could help ease tensions and ensure compliance with regulatory standards while broader issues are resolved. Separately, Super Consumers Australia director Xavier O'Halloran said that consumers expect their savings ...

Data concerns land Fiducian with additional licence conditions

JAMIE WILLIAMSON  |  TUESDAY, 16 JUL 2024
... conditions by APRA, as the regulator looks to address concerns ahead of the annual performance test. APRA said it identified issues with the accuracy and completeness of data submitted previously, raising concerns as to whether Fiducian was able to identify ...