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Showing 4611 - 4620 of 28259 results for "NOT"

Aussie investment habits improving: Superhero

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
... "With nearly half our Superhero investors being regular investors, it's positive to see that the current dip in the market has not deterred investors from their strategies when it comes to growing their wealth," Winters said. "Our investors don't want ...

ASIC working to improve breach reporting regime

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
... it is focused on improving the breach reporting regime that came into effect last October, following concerns that it's not operating as intended. The regime, which applies to all AFSL and ACL holders, commenced in October 2021 and came off the back ...

ASIC flags 'significant' IDR compliance issues at super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
... said it is concerned trustees may be over-applying the limited exceptions to the 45-day maximum response timeframe or are not actively monitoring how long it is taking them to resolve complaints. Across the 38 funds, 2.7% of the total IDR responses were ...

Review of ASIC funding model begins

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
... legislative frameworks appropriateness and the suitability of transparency mechanisms. However, it's explained that the review will not assess or make recommendations on ASIC's role and regulatory remit, ASIC's performance, what's an appropriate aggregate ...

Convicted former financial adviser banned for life

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... financial services. Nesseim was also permanently banned from engaging in credit activities from July 2019, after he was found not to be a fit and proper person to engage in credit activities. He pleaded guilty to five charges in November 2021. In May ...

What the QAR should focus on: MLC Life

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
... well intentioned, we are haemorrhaging advisers who provide critical advice to clients in their time of need. The trend is not sustainable," he explained. "Unless we take steps to reduce the cost of advice, I have a real fear that only the wealthiest ...

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
Australians are missing out on potential retirement returns by not regularly salary sacrificing, according to new research by Finder. A Finder survey has shown 86% of Australians don't top up their super fund regularly. What's more, it found only one ...

ASIC announces sizeable prosecution list

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
ASIC has prosecuted 10 companies for failing to comply with obligations to lodge financial reports. The regulator announced its sizeable list on Friday and said the prosecutions took place between January 2022 and June 2022. ASIC acted against the Blackgold ...

Philanthropist fund unveils new NFP partners

CHLOE WALKER  |  MONDAY, 8 AUG 2022
... funding into the prevention of youth mental health issues, warning that Australia's current funding of mental healthcare is "not working". Comprising of 14 non-for-profit partners, the social investment strategy aims to counter the alarming rise in the ...

Value investing a likely winner: Maple-Brown

ANDREW MCKEAN  |  FRIDAY, 5 AUG 2022
... trends, Maple-Brown noted. Maple-Brown added: "Furthermore, after spending such a long time so far above average, it would not be surprising if the situation flipped, and the highly rated stocks traded below long-term averages for a period of time." ...