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Showing 6541 - 6550 of 28267 results for "NOT"

Super fund targets homegrown opportunities

KARREN VERGARA  |  FRIDAY, 1 JAN 2021
... Australia, the home of the super fund with 145,000 members. But unlike Queensland, Tasmania and Victoria, South Australia does not have an established state-based pool of capital. "We believe this is a missed opportunity, as proven on the Eastern seaboard ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
Challenger will spend $35 million to buy Catholic Super's banking business, in a move that Bell Porter says could have more upside than suggested by the company this morning. Challenger and MyLife MyFinance have entered into an agreement with an expected ...

ASIC slams auditors

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
... asset valuations, particularly impairment of non-financial assets and the audit of revenue. The six-month review period does not factor in the impact of COVID-19. Consequently, this leads to more difficult judgements on asset values, liabilities, solvency ...

Hostplus axes manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... the Balanced Equity Management option will have to select a different investment option by 8 February 2021. If members do not select a new option they will automatically be switched into Hostplus' Australian shares option. Hostplus' Australian ...

Super industry to branch out: Rice Warner

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
... individual and more on families. "Funds will set up retirement solutions as a different business with specialised administration (not yet available), financial advice and product structures that are tailored to members," it said. "Funds will target families ...

FASEA exam results for November 2020

ELIZABETH MCARTHUR  |  TUESDAY, 22 DEC 2020
FASEA has released exam results from the ninth Financial Advisers Exam held in November 2020, all financial advisers in Australia have until January 2022 to complete the exam. Just 11,241 advisers have passed the FASEA exams held to date - representing ...

Foreign investors face tip offs

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
The government has released a new compliance campaign to crack down on foreign investors purchasing residential property and ensuring they are abiding by the guidelines. The Tip Off campaign encourages people to send information to the tax office about ...

QLD super funds advance merger

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... John Smith said that signing the agreement was an important step on the path to merge. The due diligence work highlighted not only the positive benefits for members from the merger, but also the similarity in the two funds' focus on those members, Smith ...

ERS had little effect on funds: Research

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
... research, conducted by James Brugler, Minsoo Kim and Zhuo Zhong from the university's department of finance, found that not only was there was no evidence to support the expectation that fund flows could significantly affect fund performance, but ...

Charles Schwab fails consumers, cops fine

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... the UK's Financial Conduct Authority has found, noting the two-year breach period to April 2019. The FCA determined CSUK did not adequately protect client assets by way of poor recordkeeping, failing to reconcile holdings, and not maintaining a resolution ...