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Showing 591 - 600 of 4379 results for "Commonwealth"

Adviser overwhelm explained

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... to deciding what reforms would finally come into action. In 2014, there was an inquiry into ASIC and the issues in Commonwealth Financial Planning. The same year saw the Financial System Inquiry and the parliamentary joint committee proposal to lift ...

What will it take to get super on parental leave?

ELIZABETH MCARTHUR  |  MONDAY, 20 SEP 2021
... parental leave - forcing them to rely on Centrelink parental leave payments. Up to 1.45 million mothers received Commonwealth Parental Leave Pay in the last 10 years. Under this scheme, no superannuation is paid. In the 2019-20 financial year alone ...

Criminal charges filed against CBA

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
ASIC has brought 30 criminal charges against Commonwealth Bank for mis-selling consumer credit insurance, with the bank to plead guilty. The charges relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance ...

Ord Minnett names head of equities

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
... small cap equity sales at capital markets and investment group CLSA for over a year and was a research associate at Commonwealth Bank for five-and-a-half years. Ord Minnett recently appointed a new state manager for Queensland and senior investment adviser. ...

GSFM bolsters team

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... role and prior to that worked in the United States at John Hancock Financial Service and as a financial adviser at Commonwealth Financial Group. GSFM chief executive Damien McIntyre said Nissenbaum's sales experience and financial knowledge both in Australia ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... which is expected to be completed in the coming months. Following completion of the transaction, CFS will be owned by Commonwealth Bank and KKR in partnership. FirstChoice was one of the 13 MySuper products to fail the Your Future, Your Super performance ...

Former Vocus chair charged with insider trading

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... consortium made up of Aware Super and Macquarie Infrastructure and Real Assets. The matter is being prosecuted by the Commonwealth Director of Public Prosecutions and each charge of insider trading carries a maximum 15 years' imprisonment. The matter ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... (18%), retail funds (14%) and corporate funds (9%). Six of the largest super funds - AMP, BT, Colonial First State, Commonwealth Super Corporation, MLC and QSuper - either don't vote, don't disclose their voting records or support far fewer ESG ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... possible," a spokesperson for the company said. The matter was a case study in the Royal Commission public hearings. Commonwealth Bank sold a 55% stake in CFS to KKR, in a transaction expected to complete in the coming months. CFS's MySuper product ...

APAC pension funds fastest growing: Study

JAMIE WILLIAMSON  |  TUESDAY, 7 SEP 2021
... Aware Super (39), QSuper (63), UniSuper (70), Sunsuper (81), Rest (110), Cbus (112), HESTA (116), Hostplus (132), Commonwealth Superannuation Corporation (135), State Super (151), ESSSuper (209), Super SA (212), GESB (214) and TelstraSuper (293). All ...