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Showing 561 - 570 of 1144 results for "Notice"

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 ...

Chief economist update: Countdown to T-day

BENJAMIN ONG  |  FRIDAY, 10 MAY 2019
... a global recession." And that's only with the Sino-Yankee trade war. Recall Trump has put the Eurozone and Japan on notice. War - in any form - is really good for "absolutely nothing". Timecheck: It's now 9pm on Thursday in Washington - 3 hours ...

Industry fund fined over independent advice claims

KARREN VERGARA  |  THURSDAY, 9 MAY 2019
... immediately ceased using the word "independent" in the recorded telephone message. Hostplus paid a $12,600 infringement notice penalty issued by ASIC. However, ASIC said the payment of the infringement notice is "not an admission of a contravention of ...

Super fund divests companies with all-male boards

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
A growing superannuation fund has become the first to divest from every company in its portfolio that has an all-male board. Future Super has sold out of all companies that do not include a single woman on their board, saying they are not only failing ...

Communication fails to keep member interests at heart

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
Many superannuation fund members are feeling confused after receiving communication from trustees attempting to explain the new Protecting Your Superannuation Package laws. Some super funds however, are outshining others. APRA wrote to trustees today ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
Nothing. Nada. Zilch. Despite high expectations that it would leading up to its May Board meeting, the Reserve Bank of Australia (RBA) didn't only NOT cut the official cash rate - it kept it unchanged at a record low 1.5% - it also maintained its ...

Janus Henderson EM team crumbles

KANIKA SOOD  |  TUESDAY, 7 MAY 2019
... prospects. It said it would return $490 million of capital to investors and the team of five investors was serving out their notice periods.

Social infra to become core investment

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... infrastructure may soon be considered a core real estate asset class. "There are good reasons why investors are taking notice of social infrastructure investments, including early learning centres. It's a property asset class which is supported by strong ...