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Showing 611 - 620 of 1588 results for "STOP"

Asset manager shutters two funds

KARREN VERGARA  |  MONDAY, 5 NOV 2018
A $310 billion asset manager has closed two of its actively managed Australian equity funds. The Nikko AM Australian Share Value Fund and Nikko AM Australian Share Fund were terminated on 21 September 2018. Nikko Asset Management Australia said the ...

Life insurers fear genetic testing changes

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
... already had genetic tests on hand. This week, the Financial Services Council announced it will spearhead a new moratorium to stop using genetic test results as part of insurance applications on 1 July 2019. It is expected to be in place until 30 June ...

Cbus whacks illegal phoenixing

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
The $48 billion industry super fund is backing the introduction of director identification numbers (DINs) to stop company directors from fraudulently escaping superannuation obligations to workers. The construction industry is the "highest represented" ...

One-stop complaints shop opens

DARREN SNYDER  |  THURSDAY, 1 NOV 2018
... Royal Commission into the sector's misconduct. Australian Financial Complaints Authority chair Helen Coonan said the one-stop-shop for consumers and small businesses "will play an important role in restoring trust in Australia's financial institutions ...

Former Australian cricket captain in crypto fail

JAMIE WILLIAMSON  |  TUESDAY, 23 OCT 2018
... warning against misleading ICOs and crypto-asset funds targeting retail investors. The watchdog said it has taken action to stop several proposed ICOs and has also stopped the issue of a Product Disclosure Statement for a crypto-asset managed investment ...

BTFG expands tobacco divestment

HARRISON WORLEY  |  THURSDAY, 18 OCT 2018
... "By being among the first large global investors to stand up for tobacco-free finance, we want to encourage others to help stop investing or financing an industry that's a leading cause of death and disease globally," Blakey said. HESTA added more than ...

Advisers gain FASEA credits for existing qualifications

HARRISON WORLEY  |  SUNDAY, 14 OCT 2018
In his maiden speech to the financial advice industry, Assistant Treasurer Stuart Robert has revealed some advisers will receive up to four credit units of recognised prior learning under FASEA's new education requirements. Addressing delegates ...

Reforms impact adviser mental health

JAMIE WILLIAMSON  |  FRIDAY, 12 OCT 2018
Financial advisers must band together to support their peers who are struggling to cope with the immense change occurring in the industry. Speaking at the AFA National Adviser Conference, Mindstar chief executive Aaron Williams said an increasing number ...

Banks vow to end grandfathered commissions

KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
... legislative changes to the Future of Financial Advice (FoFA) reforms. It is also overhauling its banking code of practice to stop banks from charging fees to deceased client, as it moves towards ending fees for no service across the industry. "In addition ...

Netwealth releases adviser toolkit

KANIKA SOOD  |  FRIDAY, 5 OCT 2018
... and develop implementable solutions to address them." "One of the drivers for the toolkit is that we wanted businesses to stop talking about innovation and to start implementing," he said, Pekada principle adviser Pete Pennicott, who participated in ...