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Showing 5421 - 5430 of 28263 results for "NOT"

No proof of member benefit: APRA on super fund spends

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
APRA has found instances of expenditure by superannuation funds that does not meet the best financial interests of members, including sponsorship deals and advertising spends with no evidence of member benefit. Releasing its review of RSE licensee marketing ...

eToro expands crypto offering

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
... TRON (TRX) investments, through eToro's dedicated staking service. Assets staked on behalf of users are real cryptoassets (not CFDs) and the underlying asset remains the property of the eToro user, eToro said. Coin transfer from the eToro platform to ...

AFCA appoints senior ombudsmen

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
In what is a newly created role at the industry body, internal promotions have seen the appointment of seven senior ombudsmen. The Australian Financial Complaints Authority has created the new role to strengthen its dispute resolution efforts, with ...

Exam pass rate steady at 60%

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
... who have failed the exam twice before 1 January 2022 have until 1 October 2022 to pass the exam. Existing advisers who have not sat the exam twice before 1 January 2022 must pass by this date. Overall, 16,850 advisers have passed the exams held to date ...

Commonwealth Financial Planning to shutter

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
... FP customers with life insurance, superannuation of wealth advice will be referred to AIA Financial Wellbeing. Those who do not wish to move over to AIA are being advised to check ASIC's MoneySmart website to search for a financial adviser. CBA branches ...

BT identifies Panorama outage cause

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... executive Matt Rady making assurances for the future. Disruption to BT Panorama started on Monday, August 2 and full service was not restored until Sunday, August 8. In BT's quarterly update, Rady acknowledged the outage. "I want to acknowledge the BT ...

Tasmania remains best performing state: CommSec

ANNABELLE DICKSON  |  MONDAY, 25 OCT 2021
... the fastest annual growth for three of the indicators. "Identifying the economy to challenge Tasmania for top position is not easy. Much will depend on vaccination rates, and reopening of state and foreign borders. But stimulus applied by state and territory ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
... pressures". The certainly of tamed and predictable low inflation has brought dividends to economic fortunes everywhere. Businesses not having to worry about about price shocks were able to adjust their operations accordingly. Think of the "just in time" ...

Fed to ban policymakers stock, bond trading

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... moved to prohibit the purchase of individual stocks as well as active trading by policymakers and senior staff. They will also not be able to hold individual bonds or agency securities, nor can they enter into derivatives. Further, to avoid the appearance ...

Pinnacle backs investment platform

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
... current zeitgeist - a proliferation of online trading apps, with extensive advertising about trading being fun and easy - is not healthy and won't last." "Trading shares, CFDs or crypto is not the same as investing, and the data shows most amateur traders ...