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

Search Results

Showing 4261 - 4270 of 28259 results for "NOT"

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... steps have been taken to avoid a repeat of past reporting oversight of the disclosure of indirect costs to the fund (i.e., not to the fund member)," Crescent Wealth said. "The RG97 revised standards govern the reporting of underlying fees and charges ...

Hostplus, Maritime Super make merger official

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
... in the Hostplus Pooled Superannuation Trust (PST) for around two years. And whilst we know that past investment outcomes do not guarantee future outcomes, I am very pleased to say Hostplus to date has delivered strong investment outcomes for our members. ...

2023 adviser exam dates released

CHLOE WALKER  |  THURSDAY, 1 DEC 2022
ASIC has announced the sitting dates for the 2023 financial adviser exams, the first of which will be held on February 16. Advisers should note that all enrolments for the February Cycle 20 sitting will be open from January 10 and close on January 30. ...

Financially stressed Aussies believe advice could improve well-being

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
... those surveyed who have never sought advice 39% don't feel like they have enough assets to justify the need, 36% said it's not knowing who to trust and 33% believe they can manage their own finances. Only 32% currently access advice in some capacity. ...

ASIC case against Commonwealth Bank dismissed

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
... customer should check whether the entry was correct and notify CBA in the event of any error. It further found that CBA did not represent that it would have adequate systems and processes in place to ensure that it could and would provide the applicable ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... said that the performance test should be applied consistently to all super products covered by the legislation. "It's not clear why it's necessary to introduce a differential test which undermines the intention of the performance test regime ...

Survey shows impact of inflation on industry pay rises

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
... pay rise that beats inflation in the next 12 months, they will look for a new job. Alarmingly, 56% of employers said they do not expect to offer salary increases above inflation, adding to the fears of a looming stand-off. Of those surveyed, 97% of candidates ...

Perpetual names planned post-acquisition executive lineup

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
Perpetual has revealed the notional appointments for its executive committee, who will lead the combined group following completion of its proposed acquisition of Pendal Group (Pendal). Perpetual chief executive and managing director Rob Adams, who ...

SMSF auditors in hot water

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
... the registration of two SMSF auditors. Five of these SMSF auditors were referred to ASIC by the ATO. Of the five, one did not comply with conditions imposed by ASIC on their SMSF auditor registration. These actions resulted from breaches of obligations ...

Marketing oversight must improve: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... Emerging Companies Fund, overseen by The Trust Company. Across the funds, ASIC identified several representations that did not meet regulatory requirements. The regulator said representations were not consistent with long-standing regulatory guidance ...