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Showing 401 - 410 of 1892 results for "Determine"

Rating the rating houses: How much do advisers rely on fund research?

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... the client and appropriate to their individual circumstances. Standard 6 states before providing advice, advisers must determine if it is consistent with the client's broader long-term interests and likely circumstances. Rick Di Cristoforo, Morningstar ...

ASIC bans Gold Coast adviser

CHLOE WALKER  |  FRIDAY, 31 MAR 2023
Gold Coast-based financial adviser Jeneve Matai has been banned from providing financial services for four years. Matai, an authorised representative and financial adviser of National Advice Solutions, was banned by ASIC in December last year for failing ...

ASIC investigates CHESS replacement blunder

KARREN VERGARA  |  WEDNESDAY, 29 MAR 2023
... breaching duties of care and diligence, which under section 180 is a civil obligation, and continuous disclosure rules to determine if they were reckless or negligent in any way under section 674 and 674A. ASIC is also examining if there was misleading ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... Balance Cap recognises that pension payments are a function of the pension account and do not include these payments to determine a person's debit or credit amount against their transfer balance cap. "These new calculations should afford the same ...

Former AMP adviser pleads guilty to dishonest conduct

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... met and they risked not being covered by AMP under the relevant policies. The District Court of Western Australia will determine the sentencing date on May 19.

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
The rising cost of travel, fuel and many food staples continue to aggravate the quality of living for retirees as inflation leapt 7.5% in the last year. Oils and fats (20.8%), domestic travel and accommodation (19.8%), milk (17.9%), gas (17.4%), fuel ...

BT's Advance AM hit with stop orders

JAMIE WILLIAMSON  |  FRIDAY, 17 MAR 2023
... risk spectrum' but did not define what these concepts meant," ASIC said. "It is therefore not possible to accurately determine which retail investors fall within the target market for each fund." The regulator said the distribution conditions outlined ...

TAL offloads dealer group to CountPlus

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
ASX-listed firm CountPlus will acquire 75 financial advice practices that once belonged to TAL. CountPlus will pay $3.373 million for Affinia Financial Advisers and have about 400 advisers and $16.8 billion in funds under advice once the deal completes. ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... expect retail shareholders to anticipate. The ASA also questioned the broadness and subjectivity of the tests used to determine which transactions are captured also raised concerns, along with the administrative and financial burden for individuals who ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... The review will consider whether the framework is fit-for-purpose, specifically looking at whether the thresholds that determine whether an investor is a retail or wholesale client remain appropriate; whether certain MIS investments should be able to ...