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Showing 641 - 650 of 1894 results for "Determine"

APRA advises funds to review ownership structures

ELIZA BAVIN  |  FRIDAY, 16 OCT 2020
... from APRA, the form the approval request must take and importantly the action APRA requires all RSE licensees take to determine if this letter applies to them," it said. "An application for approval to hold a controlling stake in an RSE licensee needs ...

Fresh fundies outperform

ALLY SELBY  |  THURSDAY, 15 OCT 2020
... hurdle filter as well," he said. "That all feeds into our relative valuation model of which we use those outputs to determine whether we consider which of the top 300 listed equities are undervalued, what portion we want to investigate further, and in ...

Mayfair 101 promises investors pie in the sky

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
Mayfair 101 will submit a proposal to the Federal Court later this month promising investors the return of their capital. The company said it will present its proposal to the court on October 22, with the objective of giving noteholders a "clear pathway" ...

Powerwrap delists, Praemium takes over

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
Managed accounts platform Powerwrap has de-listed from the ASX and its chief executive and board have stepped down following the acquisition by Praemium. In the next move of the off-market takeover, Praemium made payment of the 94% in acceptances on ...

TPB bans tax agent over COVID-19 fraud

ALLY SELBY  |  FRIDAY, 9 OCT 2020
The Tax Practitioners Board (TPB) has terminated the company registration of Sydney-based tax agent after she attempted to exploit a COVID-19 stimulus measure for over $20,000. The TPB determined TLL Tax Pty Ltd and its director Liying Tong breached ...

Perpetual axes geared investment options

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
A number of underperforming super options have been axed by Perpetual. Perpetual has terminated its Geared High Growth option, Geared Australian Share option and its Capital Guarantee option for Perpetual Select Super members. Members were notified ...

FASEA releases more Code of Ethics guidance

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... of, and duties owed to their client." It added that the code does not seek to ban particular forms of remuneration or determine which forms of remuneration will always give rise to conflicts of interest. "That said, you should remain open to the possibility ...

ANZ fined $10m

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... entitled to charge same-name fees to non-loan retail and commercial customers (affected customers). ASIC said ANZ did not determine whether it was entitled to charge the same-name fees and continued to charge them to the affected customers until September ...

Trustees cutting corners: Rowell

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
The prudential regulator has lambasted superannuation funds for not taking underperformance seriously and failing to compare themselves accurately against their peers. APRA deputy chair Helen Rowell said that many superannuation funds are overlooking ...

BOQ expects to back pay $11m in SG

KARREN VERGARA  |  WEDNESDAY, 30 SEP 2020
... made an additional $8.6 million provision as the matter is still under investigation and "further work to be done to determine the full impact." BOQ uncovered irregularities after an internal review of its superannuation payment process. It identified ...