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Showing 441 - 450 of 4736 results for "July 2009"

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
GigSuper, the superannuation fund designed for the self-employed, has entered voluntary liquidation. GigSuper launched in 2017 in the hope of helping those working in the gig economy save better for retirement. It partnered with the likes of Deliveroo ...

Pacific Current names acting chief executive

KARREN VERGARA  |  MONDAY, 1 JUL 2024
Pacific Current named a former Challenger executive to lead the multi-boutique in an interim capacity. Michael Clarke, who spent more than 10 years at Challenger, takes the top job at Pacific Current following the resignation of managing director, chief ...

FSC releases new standard on scam mitigation

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
The Financial Services Council (FSC) and its superannuation funds members have adopted a new standard to protect consumers from financial harm. The FSC's Standard demonstrates its members' commitment to protecting customers from scams and fraud by setting ...

New recruits top advice industry priority: FAAA

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
The industry is urgently prioritising the recruitment of new advisers as those who remain bear the brunt of paying heftier levies that aggravate the costs of running a business and puts financial advice further out of reach for Australians. The latest ...

ASIC takes action against Guildfords FM, director

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
ASIC has cancelled the licence of Guildfords Funds Management and banned its managing director Robert Payne for their involvement in the collapse of Magnolia Capital Group. ASIC found "significant and systemic failures of oversight and compliance" upon ...

Clime completes Madison Financial sale

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
Clime Investment Management has completed the sale of Madison Financial Group after entering a strategic partnership with Infocus Wealth Management. The parties previously entered a full form binding sale deed to implement the sale and strategic partnership ...

Equip Super reduces admin fees, introduces insurance fee

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
While their administration fees will fall, from next week many Equip Super members will begin paying an insurance fee calculated at 4% of premiums. From July 1, Equip Super is reducing administration fees across accumulation, defined benefit and retirement ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
Two separate laws that regulate how superannuation funds deal with non-arm's length expenses (NALE) and income (NALI) and expands the Australian Financial Complaints Authority's (AFCA) remit over super passed Parliament on June 25. Treasury ...

ASIC alerts licensees to experienced pathway deadlines

ANDREW MCKEAN  |  WEDNESDAY, 26 JUN 2024
ASIC has issued a reminder to the Australian Financial Services (AFS) licensees regarding the upcoming notification obligations related to the new experienced provider pathway. Starting from next week, AFS licensees must notify ASIC by lodging a notice ...

Real estate fund manager chief executive departs

KARREN VERGARA  |  TUESDAY, 25 JUN 2024
The chief executive of Eildon Capital Group is exiting the ASX-listed real estate fund manager on June 30. After two years in the top job and as joint company secretary, Laurence Parisi is leaving after the board "carefully evaluated the position of ...