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Showing 501 - 510 of 1144 results for "Notice"

MySuper heat map lauds industry funds

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
Industry super funds fared best in APRA's first MySuper heat map, forming the majority of products given the all clear by the regulator. APRA's MySuper heat map, released this morning, demonstrates the lead large industry super funds have over ...

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... super fund members to see a financial planner for advice rather than "simply relying on any simplistic league tables" they notice in the media over the coming days. "The heat map may tell you that other funds have had higher returns over five years ...

CFS culls grandfathered commissions, slashes fees

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
... Standard. The government has set 1 January 2021 as the end date for all grandfathered commissions. "We want to give enough notice to advisers...as a business we are really committed to delivering better outcomes to the members while supporting advisers ...

Fee changes at industry super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
... fund will change from 2020. Effective January 1, REI Super will change fees across a number of its options, according to a notice to members. Some options will see a fee cut, while fees on others have been increased. Investment fees charged to members ...

Regulators circle as scandal engulfs Westpac

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
APRA has put Westpac on notice; warning the disgraced bank could face fines and disqualification of senior directors and executives as it considers whether to launch legal action. APRA chair Wayne Byres told a parliamentary hearing on Monday that the ...

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 ...