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Showing 601 - 610 of 1894 results for "Determine"

Multiples paid for client books dip

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
How much financial advisers can expect to sell a book of investment and superannuation clients for has decreased over the last two years, according to a new valuation report. Radar Results has released its March 2021 price guide, highlighting a downward ...

Not-so-Zuper: Super disruptor folds

JAMIE WILLIAMSON  |  MONDAY, 22 MAR 2021
Having failed to reach sufficient scale, the millennial superannuation fund will close its doors next month. Closed to new members as of March 10, existing Zuper members have now received word that the offering will cease to exist from April 30 - just ...

WTW wins mandate from NZ government super fund

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
... Government Superannuation Fund Authority (NZ GSFA). Under this appointment, WTW will assess NZ GSFA's investment approach to determine how effectively and efficiently it is performing its functions. It is a review that occurs once every five years. This ...

Former AMP adviser in enforceable undertaking

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
The glamorous financial adviser wife of an ex-NRL player has been ordered to pay ASIC's legal costs and comply with its enforceable undertaking. Jenan Thorne - wife of former Canterbury Bulldogs player Robin Thorne - was prevented from providing financial ...

APRA closes Westpac probe

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
APRA has closed its investigation into possible breaches of the Banking Act 1959, including the Banking Executive Accountability Regime (BEAR), by Westpac. APRA launched the investigation into Westpac last year following allegations by AUSTRAC that ...

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
... be made by no later than 22 July 2019 or 20 August 2019, and since November 2018 the leadership team knew it was to determine whether the issue was reportable to ASIC under the Corporations Act. ASIC says that deducting premiums for cancelled insurance ...

Super assets hit record high

KARREN VERGARA  |  WEDNESDAY, 3 MAR 2021
The superannuation sector's assets reached a milestone of $3.04 trillion at the end of 2020. While the investments of superannuation funds copped a beating when the pandemic hit around this time last year, APRA's December 2020 statistics shows ...

Venture capital firm in data breach

KARREN VERGARA  |  WEDNESDAY, 3 MAR 2021
A US venture capital firm that recently won a mandate with the Future Fund is the subject of a cybersecurity breach that involved a phishing scam. Sequoia Capital informed investors last week that sensitive information has been accessed by a third party. ...

Equipsuper in another merger

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
Equipsuper has kicked off another successor fund transfer with an 83-year-old corporate superannuation fund that has more than $680 million of assets. BOC Super will merge into the $16 billion superannuation fund after its trustee determined that the ...

To merge or not to merge?

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... change, particularly as we see more mega funds coming forwards," she said. "That was some of the analysis we did to determine where that sweet spot is and we felt it was somewhere between $25 billion and $40 billion. But again, I think that will change ...