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Showing 521 - 530 of 1111 results for "Notice"

AUSTRAC zeroes in on Afterpay

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
... failing to appropriately protect itself and Australia's financial system from criminal activity." Responding to AUSTRAC's notice via the ASX, Afterpay said it welcomes the opportunity to continue to work constructively and closely with the regulator ...

AMP Super, board slapped with licence conditions

KARREN VERGARA  |  FRIDAY, 14 JUN 2019
... impositions of conditions and directions has no impact on AMP's ability to do business," AMP wrote. "Customers will not notice a difference when dealing with us on a day-to-day basis and will benefit from a continued strengthening of our oversight ...

Super fund set to hike fees

HARRISON WORLEY  |  WEDNESDAY, 12 JUN 2019
... administration fee will increase to $2.25 per week to assist with implementing the legislative changes included within this notice and ensuring we can continue to provide products, benefits and award-winning services that our members expect from BUSSQ," ...

Passing Protecting Your Super costs should be fair: APRA

KARREN VERGARA  |  FRIDAY, 7 JUN 2019
... a continuous period of 16 months or more. "Trustees need to continue to monitor member accounts and to provide written notice to members in cases of nine, 12 and 15 months of inactivity, with removal of insurance being required after 16 months of inactivity ...

Macquarie Securities cops ASIC penalty

KANIKA SOOD  |  MONDAY, 3 JUN 2019
... penalty for contravening market integrity rules, the corporate regulator said this morning. ASIC issued an infringement notice to Macquarie Securities on May 3, after its markets disciplinary panel determined it had reasonable grounds to believe Macquarie ...

Court throws out Aurora fund takeover bid

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
... vote was successful according to Primary, but Aurora refused to recognise it, saying not all unitholders were given enough notice. Yesterday afternoon, Supreme Court of New South Wales declared the January 15 meeting and its resolutions to replace the ...

Advice dealer group shutters

HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
More than 30 financial advisers are left without a home as Spectrum Wealth Advisers shuts up shop. Freedom Insurance Group has today revealed Spectrum will close earlier than originally intended as it can no longer meet a "key person" requirement of ...

APRA flexes new muscles

HARRISON WORLEY  |  WEDNESDAY, 22 MAY 2019
APRA has invoked its new powers for the first time, directing IOOF and its superannuation entities to implement and maintain an Office of the Superannuation Trustee (OST) within the group or risk facing a financial penalty. The move comes after IOOF ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
Reserve Bank of Australia (RBA) governor Philip Lowe provided the clearest indication yet that the Australian central bank is poised to cut interest rates, potentially at its June 4 meeting. The transcript of Lowe's speech - titled 'The Economic ...

OneVue, Mainstream automate cross-platform transfers

HARRISON WORLEY  |  TUESDAY, 14 MAY 2019
OneVue and Mainstream Group have partnered with Calastone to help financial advisers seamlessly move assets from one platform to another. The process enables the transfer of beneficial ownership of securities from different custodians without having ...