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Showing 4121 - 4130 of 28257 results for "NOT"

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... replace the current obligations for relevant providers and would be a true fiduciary duty reflecting the general law. It will not include a safe harbour. As previously proposed, the report states that the Corporations Act should be amended to provide ...

Mining company shares manipulator sentenced

JAMIE WILLIAMSON  |  TUESDAY, 7 FEB 2023
One of the three men involved in manipulating Quantum Resources shares back in 2015 has been sentenced in the Supreme Court. Don George Evans was sentenced in the Supreme Court of Western Australia to 12 months in prison, to be released immediately ...

Vanguard Super head resigns

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
... the product, in addition to several financial advice firms that would be to access it through the Vanguard Adviser Portal. "Not all of those will follow through, we know that. But we think a good number will, so we're really excited by the early ...

Advisers put on notice: HLB Mann Judd

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
... level of tax is paid. "The ATO has made it clear it is aware some people migrating funds here try to mask it as something it's not, in an attempt to avoid paying tax," explained HLB Mann Judd Melbourne partner and head of tax Josh Chye. "It has now drawn ...

Inflation remains high priority in 2023: Treasurer

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
... people," he explained. Chalmers said the budget is an important part of the government's economic agenda this year but not the only part. He said: "There'll be a new Tax Expenditure Statement this month, we receive the RBA Review next month, there'll ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
... payout as Dixon Advisory is currently under voluntary administration and that a Compensation Scheme of Last Resort is still not established. Nevertheless, ASIC said that "lodging a complaint with AFCA is a necessary step for clients to preserve their ...

Wilsons Advisory fined $550k by ASIC MDP

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2023
... a review of transactions found 2306 trades were executed away from an order book and reported as TWPI when the trades did not actually provide price improvement over the best available bid or offer prices. The transactions that caught ASIC's eye ...

Grow Inc partners with data services firm

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2023
... said. He added that it's a unique time for the superannuation sector. "I can't think of a fund that I engage with that is not involved in a merger, considering one, doing a technical re-platforming project or again, considering one. There is a massive ...

IFM Investors buys biogas developer

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2023
... Investors acquired a majority stake in a US-based biogas company, but global head of infrastructure Kyle Mangini says it's not about driving an ESG outcome. The purchase of GreenGasUSA is part of IFM Investor's IFM Net Zero Infrastructure Fund ...

Associations call for improved access to financial advice

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
The Joint Association Working Group (JAWG) has urged the government to improve access to financial advice through the Quality of Advice Review (QAR) proposals. In a letter to assistant treasurer and minister for financial services Stephen Jones, the ...