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Showing 611 - 620 of 4023 results for "January"

TWUSUPER adds fee to combat cross subsidisation

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... like many other super funds, TWUSUPER has also introduced a trustee services fee to establish a trustee reserve. "The [January 1 legislative] changes mean that if TWUSUPER were to face a penalty or liability - even a small fine from a regulatory authority ...

More than 1700 advisers gone already

JAMIE WILLIAMSON  |  FRIDAY, 1 JUL 2022
... point of the year, the latest data from ASIC shows more than 1700 financial advisers have dropped off its register since January. Analysis of the ASIC Financial Adviser Register shows there is now 16,413 financial advisers currently active. At the beginning ...

ASIC takes Mercer Financial Advice to court

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... financial services they are paying for." Mercer has already remediated 3475 customers who paid fees for no service between January 2012 and June 2019. This totalled over $45 million. The proceedings announced today are only in relation to conduct dating ...

TIP Group appoints senior executives

CHLOE WALKER  |  THURSDAY, 30 JUN 2022
... moves into his new role from the position of head of financial services, which he has held since joining the company in January. Previously, Wong was chief executive of New Zealand's Evolve Education Group. He also held senior executive roles with Creative ...

Andrew Formica to return to Australia

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUN 2022
... investment officer and has also been promoted to deputy chief executive with immediate effect. He only joined the group in January. "He has made a significant impact across the business since his appointment and the board have been impressed with his ...

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
... said. "Over the last three years the number of advisers in the sector has fallen dramatically from approximately 28,500 in January 2019 to approximately 17,500 in early 2022 and there are no signs of these trends changing." AMP further addressed the ...

ESR completes first phase of logistics park

CHLOE WALKER  |  MONDAY, 27 JUN 2022
... double-ramp distribution centre. Its second phase, DC 2, commenced construction in June 2021 and is scheduled for completion in January 2023. ESR co-founder and joint chief executive Stuart Gibson said the logistics park represents a milestone project ...

Corporate advisor charged over $2m theft

CASSANDRA BALDINI  |  WEDNESDAY, 22 JUN 2022
... counts of stealing pursuant following an ASIC investigation. The corporate watchdog alleged that between March 2010 and January 2015, Torre stole approximately $1.882 million from his clients with the intent to defraud them. ASIC further alleged that ...

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
... but again failed to do so. It was also found Squirrel continued to disseminate the material before finally ceasing in January 2019. In August 2019 the company was placed into voluntary administration and later entered into a deed of company arrangement. ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
From January 2023 first home buyers in New South Wales will have the option of paying stamp duty or an annual land tax under proposed reforms. The plan, announced in the 2022-23 NSW budget, will see first home buyers purchasing a home up to the value ...