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Showing 451 - 460 of 1109 results for "Notice"

Former licensee boss banned

JAMIE WILLIAMSON  |  TUESDAY, 11 FEB 2020
... done so efficiently, honestly and fairly. Spectrum was a subsidiary of Freedom Insurance Group. After being issued with a notice of hearing by ASIC, Freedom applied to have Spectrum's licence cancelled. Following its closure, more than 30 of its ...

Pension assets climb towards $50 trillion

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
Global institutional pension fund assets among the 22 largest markets bounced back in 2019 to climb by 15%, reaching US$46.7 trillion. Over the last decade, the fastest growing pension markets in the world have been in Asia and the US - with South Korea's ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
RBA governor Philip Lowe has rejected concerns that the bank's decision to cut interest rates last year dented consumer confidence and impacted weak consumer growth. Speaking at the National Press Club, Lowe said that while he understands having rates ...

Permanent ban follows alleged SMSF theft

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
A Sydney-based financial adviser has been permanently banned for allegedly transferring client SMSF funds to the trust account of a business she controlled. ASIC has permanently banned Sydney adviser Tram Tran, after it found the funds of her clients ...

AMP urged to mediate with advisers

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
... lookback audits, financial planning licensors shifting responsibility for client compensation payments to licencees, short notice periods provided to licencees exiting the business and restraint of trade provisions," Carnell said. Advice practices were ...

Job boom expected in 2020

JAMIE WILLIAMSON  |  MONDAY, 20 JAN 2020
Close to a third of wealth management organisations are looking to boost staff numbers this year, with sales roles expected to be most in demand. According to new figures from Super Recruiters, 32% of wealth management organisations expect to hire more ...

BlackRock wakes up to climate change

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... next generation takes the helm of government and business," he said. Fink said the financial sector had been slow to take notice of climate change. "Last September, when millions of people took to the streets to demand action on climate change, many ...

Cbus Super chief to exit

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
... next chief executive Atkin informed Bracks of his decision to leave last week, giving the fund additional two months of notice than the six months required per his employment terms. As of yesterday evening, the board had shortlisted three executive search ...

ASIC confirms SMSF negative returns

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
... negative return on assets. Providing the most recent data from the ATO, ASIC answered the question which had been put on notice late last year. The parliament had asked ASIC commissioner Danielle Press if SMSFs with a value under $200,000, on average ...

Industry fund ups fees ahead of merger

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... fund has increased its insurance fees ahead of merging later this year. MTAA Super wrote to members in a significant event notice to let them know that from 3 February 2020 insurance fees for death and total and permanent disablement will increase. MetLife ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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