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Showing 471 - 480 of 1109 results for "Notice"

China still positive despite unrest

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
There is a strange tug-o-war occurring in Asia at the moment. On the one hand every man and his dog is trying to tap into the wonders of China as an emerging market, and on the other there is mayhem as one of the nation's major financial hubs suffers ...

How it can all go wrong

KANIKA SOOD  |  THURSDAY, 28 NOV 2019
... decision matrix has been revised three times, it's an ever-evolving document," Cribb said. Cribb received the first notice from ASIC in February 2017 asking him to provide all the client details in regards to these files. He was identified as part ...

AFSLs show widespread non-compliance: ASIC

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... fee arrangements have been terminated, ASIC has found. The report, Compliance with fee disclosure statement and renewal notice obligations, focused on whether the fee disclosure documents, provided by 30 randomly selected Australian financial services ...

ASIC launches investigation into Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... Peter King stepping in as interim chief executive. King will take over from December 2. Hartzer has been given 12 months notice and will receive his full fixed remuneration for that period - amounting to $2.686 million. King will be remunerated at a ...

Brian Hartzer steps down from Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... fallen well short of what the community expects of us, and we expect of ourselves." Hartzer has been given 12 months' notice and will be paid his fixed remuneration of $2.686 million over that period. While King steps up, chief operating officer ...

Boutique portfolio manager to retire

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... of bronze but said it will closely monitor Byres' progression of over the next 24 months. The analyst noted the long notice period, the capability of Biddle and Byres but also Byres' limited portfolio management experience. In October last year ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
Profitability in life risk insurance has dropped to the extent that the sector is now loss-making in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an ...

Advisers serious about licensee due diligence

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2019
... decision-making process include the ability to log-in to Xplan to view similarities and differences in how it is used and 30-day notice periods to existing licensees and clients, the group said. According to Rainmaker analysis of the ASIC Financial Adviser ...

Media Super winds up income investment option

ELIZABETH MCARTHUR  |  MONDAY, 18 NOV 2019
The $6.2 billion superannuation fund Media Super has issued a notice to members notifying them that its Income Plus investment option will close effective 5 February 2019. The fund said the ongoing low bond yield environment has put performance of its ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... intended to be a single means for members to determine the appropriateness of their super fund. "The first thing you might notice is there is no green," Rowell said. "This is not a traditional "traffic light" system with three distinct and simple categories. ...