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Showing 651 - 660 of 3388 results for "Response"

Evidence of poor LRBA advice: Report

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
... through the Age Pension. Commenting on the report, SMSF Association chief executive John Maroney said: "In 2019, our response to the CFR was that an outright ban on LRBAs could be avoided by 'mitigating' risks to this SMSF asset class." "What has occurred ...

Financial services sector reports highest rates of burnout

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
New data reveals 64% of banking and financial services employees have felt burnt out or emotionally overloaded from work in the last 12 months. Slack APAC research titled Leadership and the war for talent surveyed 1000 knowledge workers in Australia. ...

Man GLG launches Asia Opportunities Fund

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
Man Group's discretionary investment manager has launched an Asia Opportunities Fund in response to market demand. The Man GLG Asia Opportunities Fund applies a concentrated long-only strategy that is style agnostic. It will invest in equities either ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... a separate class action against ANZ, OnePath Custodians and OnePath Life as part of its #GetYourSuperBack campaign in response to the revelations arising from the Royal Commission. A spokesperson confirmed it is still currently ongoing.

Perpetual, Pendal deal on shaky ground

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... the first court hearing on the scheme of arrangement between the two. Pendal said it would not agree to any delays. In response to Pendal's statement, Perpetual said it doesn't believe the timeline for the Pendal scheme is feasible given recent developments ...

ASIC issues more stop orders

CHLOE WALKER  |  THURSDAY, 10 NOV 2022
The corporate regulator has placed interim stop orders on offers from Finnia Income (Finnia) in response to its flimsy target market determinations (TMDs). Finnia, an unlisted company, pursued a $20 million raise under a prospectus through the issue ...

Consultation opens on NHIF remit expansion

ANDREW MCKEAN  |  WEDNESDAY, 9 NOV 2022
... mandate to encourage other financiers to increase the supply of housing, particularly social and affordable housing, in response to a recommendation from the Statutory Review of the Operation of the National Housing Finance and Investment Corporation ...

APRA slaps extra conditions on Insignia trustees

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2022
... partly supersede conditions placed on IOOF Investment Management in December 2018 and Nulis in August 2020, APRA said. In response, Insignia said: "Insignia Financial is committed to supporting its superannuation trustees to uplift their governance and ...

Financial adviser registration delayed

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... the financial adviser registration requirement until 1 July 2023. The Financial Sector Reform (Hayne Royal Commission response - Better Advice) Act 2021 introduced a central registration requirement for financial advisers, in line with recommendation ...

Federal Reserve raises rates 0.75%

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... process of significantly reducing the size of its balance sheet. "Financial conditions have tightened significantly in response to our policy actions, and we are seeing the effects on demand in the most interest-rate-sensitive sectors of the economy ...