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Showing 4421 - 4430 of 28259 results for "NOT"

James Mawhinney sues ASIC, deputy chair

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
... with the court agreeing that the presiding judge at the time based the judgement on findings of contraventions that ASIC had not sought. The Full Federal Court has ordered a retrial and Mawhinney has now made an application to the High Court, arguing ...

TPB, bans dishonest tax agents

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
... returns for more than 20 clients. This included falsifying auditor details indicating that the funds had been audited, which was not the case. The tax agent was also found to have misled clients by advising them their SMSFs had been audited, and charging ...

Vanguard unveils positive impact fund

RACHEL ALEMBAKIS  |  TUESDAY, 18 OCT 2022
Vanguard Australia has launched a global positive impact equities fund that aims to outperform the broad global equities market with a "measurable impact on global environmental and social challenges." The Vanguard Active Positive Impact Fund is a concentrated ...

Draft SMSF auditor registration regulations to update fees, language

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
The government is consulting on the Superannuation Auditor Registration Imposition Regulations 2022, aiming to remake and improve the 2012 Regulations by changing the amounts of fees payable to ASIC, and language about indexation methods. The 2012 Regulations ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
The Federal Reserve has invited public comment on an advance notice of proposed rulemaking to enhance regulators' ability to resolve large bank failures. The Fed said recent merger activity and growth has increased the size of large US banking organisations ...

ASIC issues stop orders on Holon funds

CASSANDRA BALDINI  |  MONDAY, 17 OCT 2022
... after Holon's product disclosure statement revealed assets in the fund could face a total loss of value. It said Holon has not appropriately considered the features and risks of the funds in determining their target markets. The regulator explained ...

Piecemeal super taxes won't fix budget deficit: FSC

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
Financial Services Council (FSC) research shows that proposed increases to super taxes will not deliver a sustainable Federal Budget position. The FSC engaged DeltaPearl Partners to perform economic modelling of six possible measures adjusting the current ...

Perceived complexity hinders ag allocations

CHLOE WALKER  |  FRIDAY, 14 OCT 2022
... Harpham's sentiments. "One of the reasons I think that the asset class has been missing out on allocation is there's not a lot of people walking the streets of major capital cities like Sydney or Melbourne that have had an operational experience ...

Choice performance test pause in members' best interests: Chant West

CASSANDRA BALDINI  |  FRIDAY, 14 OCT 2022
... the Quality of Advice Review's recent proposals paper, Zenith Investment Partners chief executive David Wright said he is not satisfied with Levy's proposal to deregulate general advice. "As an investment research business, we are supportive of the ...

ETF industry drops in value

CASSANDRA BALDINI  |  FRIDAY, 14 OCT 2022
Australia's ETF industry has dropped in value despite seeing positive inflows in September. Betashares' latest Australian ETF Review said overall industry assets under management (AUM) fell 4.3% month on month, with total industry market capitalisation ...