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Showing 5531 - 5540 of 28263 results for "NOT"

BlackRock warns against reforms based on assumptions

JAMIE WILLIAMSON  |  TUESDAY, 21 SEP 2021
... studies have now made clear several points that were assumed in the 2015 study, key among them being that fund manager are not the asset owners and therefore "aggregated regulatory filings are al ill-suited data point for common ownership". "Many early ...

Hume puts finfluencer followers on notice

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
Senator Jane Hume is warning consumers who fall victim to bad advice from finfluencers not to rely on the government for compensation. Speaking on the first day of the Association of Financial Advisers national conference, the minister for superannuation ...

New super fund prepares for launch

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
Tomorrow Super is readying itself for a $5 million pre-IPO funding round, with the promise of a financial adviser friendly superannuation solution. Crescent Wealth has acquired an 8% stake in Tomorrow Super and has become the firm's maiden white label ...

ASIC worried about finfluencers

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... costs," Longo explained. He went on to acknowledge that ASIC could do more to work with the industry to ensure regulations do not add to cost and complexity for advisers. Asked about how ASIC could reduce the financial levy, Longo said the levy was charged ...

AMP reduces super fees

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
... customers despite having been notified that those customers had left their employer-sponsored super accounts and therefore could not access the financial advice for which the fees were charged.

What will it take to get super on parental leave?

ELIZABETH MCARTHUR  |  MONDAY, 20 SEP 2021
... found. Parental leave is one of the only forms of paid leave where there is no requirement to pay super and the government does not pay the super guarantee on its scheme. ISA released a report on the issue in partnership with former Workplace Gender ...

Australian Ethical makes strategic investment

ELIZABETH MCARTHUR  |  MONDAY, 20 SEP 2021
... Australian Ethical is a leader in a broader trend emerging in both the institutional investor and corporate sector," he said. "Not only are we seeing a growing number of institutional investors focusing on sustainable and ethical investment opportunities ...

Hostplus grilled on common ownership, collusion

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... "pseudo-laundering" taking place between the fund and IFM, a vehicle set up by super funds to invest on their behalf. "Now, I'm not suggesting anything illegal, but merely that money's coming from a particular fund with the objective of buying ...

FSC suggests CSLR improvements

KARREN VERGARA  |  MONDAY, 20 SEP 2021
The Financial Services Council has highlighted numerous holes in the Compensation Scheme of Last Resort in a bid to prevent financial advisers that "have done nothing wrong" from paying for the scheme. The FSC is calling on corporate regulator ASIC ...

AustralianSuper ups stake in WestConnex

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... Nik Kemp said it was very pleasing to increase the fund's investment in a high-quality Australian infrastructure asset. "Not only does our investment in WestConnex benefit our 2.4 million members through the investment returns it generates on their ...