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Showing 601 - 610 of 1128 results for "Notice"

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... transfer to the default and lower cost MySuper option. ASIC eventually identified the adviser's "pattern" and issued a notice to CFS in February of this year. Chun said he doesn't know where this currently stands with regulator. Only in July ...

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... alleged CFS tried to scare the members into staying in their current fund. The fund did not give them the required 90 day notice prior to transition, nor sufficiently-detail information including disclosure on fees and trailing commissions in the letter ...

Royal Commission work impeded: Hayne

DARREN SNYDER  |  THURSDAY, 2 AUG 2018
Commissioner Kenneth Hayne has publicly recorded delays in accessing documents from IOOF ahead of the fifth round of the financial services Royal Commission, beginning August 6. In a ruling published yesterday, the Commissioner detailed that IOOF subsidiary ...

AMP claims director exits

KARREN VERGARA  |  MONDAY, 16 JUL 2018
... career to the merged entity. He told Financial Standard, he tendered his resignation in late 2017 and served out a six month notice period. In this time Wyatt assisted with the creation of a new sales structure, comprising three distinct teams that each ...

AMP sales director retires

JAMIE WILLIAMSON  |  MONDAY, 9 JUL 2018
... Confirming the move to Financial Standard, Wyatt said he tendered his resignation in late 2017 and served out a six month notice period. In this time Wyatt assisted with the creation of a new sales structure, comprising three distinct teams that each ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... its NAFTA partners Canada and Mexico. By firing at the second biggest economy in the world, the rest will have to take notice... and comply. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager ...

Chief economist update: Steady at 24 and counting

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2018
The Reserve Bank of Australia (RBA) didn't disappoint when it kept the official cash rate unchanged at a record low 1.5% following its 3 July board meeting. It has been 24 months now - the longest in recent history - that the official cash rate ...

BT Financial Advice cuts grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
... (despite being permitted under FoFA), ensuring that all BT Financial Advice ongoing advice customers receive an opt-in notice (not just those who joined after the FoFA reforms commenced as required by FoFA) and giving customers the opportunity to openly ...

Advice and stock broking firm fined $35k

HARRISON WORLEY  |  WEDNESDAY, 13 JUN 2018
... offering services to institutional and private wealth investors has copped a $35,000 fine to comply with an infringement notice served by the markets disciplinary panel. The markets and disciplinary panel believed Wilsons Advisory and Stockbroking contravened ...

ASIC issues warning over Dover advisers

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUN 2018
... scrutinising all advice provided by the adviser for a period of time. However, Dover advisers were given less than 30 days' notice that their authorisation would be cancelled on 6 July 2018 - a period for action made shorter by a long weekend across ...