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Showing 581 - 590 of 1668 results for "Origin"

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
ASIC has announced three temporary measures to assist the industry with providing affordable and timely advice during the COVID-19 crisis. It has also confirmed it is delaying its work on grandfathered conflicted remuneration and life insurance advice. ...

Isolated advisers enter the digital age

ALLY SELBY  |  THURSDAY, 9 APR 2020
In an industry known for its reliance on pen and paper, financial advisers have been quick to pivot their business models in the face of COVID-19 and embrace technology. For tech-savvy advisers the COVID-19 spurred shutdown will likely see no material ...

Industry fund appoints union leader

HARRISON WORLEY  |  MONDAY, 6 APR 2020
An industry superannuation fund has added the secretary of a public sector union to its board of directors. Community and Public Sector Union secretary Tom Lynch has been appointed to the board of $10 billion Tasmanian industry super fund Tasplan. The ...

Fixed income liquidity squeeze bites

KANIKA SOOD  |  THURSDAY, 2 APR 2020
Financial advisers and investors in fixed income funds are feeling the heat as markets trade less frequently in the ongoing COVID-19 correction, and they are slugged with exit costs. Unlisted managed fixed income funds from giants like Vanguard and ...

Cashwerkz announces new chief executive

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
Cashwerkz has appointed a fixed income professional as its new chief executive. Jon Lechte will take on the top role, effective April 1, having held a number of executive and senior roles in fixed income. "Jon joins Cashwerkz to lead the growth trajectory ...

Chant West sale hits roadblock

KANIKA SOOD  |  TUESDAY, 31 MAR 2020
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in. On February 18, Chant ...

Super funds' dirty, poor performing stocks revealed

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
... out from the crowd" in terms of minimising, or maximising, their exposure to these companies. Woodside Petrolium, Santos, Origin Energy, South32, APA Group, AGL Energy, Oil Search, Aurizon Holdings, Caltex Australia, Worley, Seven Group, Beach Energy ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
The Full Federal Court has confirmed the directors of Storm Financial Group breached their duties as directors, dismissing their appeal of ASIC's 2016 decision. The determination wraps up an appeal against the regulator's original decision by ...

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
As unemployment continues to rise, latest analysis of the implications of the government's early access to super initiative has seen the estimated cost of the measures almost double. Research house Rice Warner has assessed the impact of the government's ...

CHESS replacement delayed

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
The Australian Stock Exchange has been forced to delay the replacement of its CHESS system. The impact of COVID-19 is continuing to spread, with the outbreak now forcing the delay of the ASX's CHESS replacement system. Originally slated to go-live from ...