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Showing 661 - 670 of 5160 results for "Early"

ASIC updates breach reporting guidelines

KARREN VERGARA  |  FRIDAY, 28 APR 2023
... their obligations and support the regime to meet its policy objectives for ASIC, industry and consumers." "We acknowledged early on that there were some implementation challenges with the regime. Our updated guidance has been developed following consultation ...

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... the YFYS performance test, which hides the product's true performance and opens the test to manipulation," it argued. In early April, the government announced it would update the YFYS performance test by extending the assessment from eight to 10 years ...

Industry fund merger advances

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
... implementation to ensure a smooth transition to the consolidated fund for all members. The merger is expected to reach completion in early 2024.

ATO keeping tabs on SMSF early access, tax avoidance

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... use self-managed superannuation funds as a vehicle for dodging tax and those who illegally access their retirement savings early. Of the total SMSFs in existence, 25% are operated by private wealth groups, according to Australian Taxation Office assistant ...

Search funds beat VC, private equity returns

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
... can hold the business for much longer and some of the best returning search fund deals still haven't been sold from the early 1990s." As with any investment, there are risks. The average failure rate for a search fund is less than 20%, he says, adding ...

Women growing super faster than men: Research

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... it will take 40 years for women to catch up to men's super balance, using a median super balance for a woman in her early 60s of $159,600 compared to the male median of $210,800. The first step in making super fairer is to pay super on parental leave ...

Illegal early release of super sees director banned

CHLOE WALKER  |  TUESDAY, 18 APR 2023
... while sole director of home buying firm Enigma, Edden-Brown had wrongfully told consumers who didn't meet the conditions for early release of super that they could access their super early to buy a home or pay personal debts. Edden-Brown also assisted ...

Why clients fire their financial adviser

KARREN VERGARA  |  MONDAY, 17 APR 2023
... communicated, it may go unrecognised by clients," the research note shows. Finally, clients cited mismatched expectations early in the relationship. Many clients said there were mismatched values and were not able to trust the adviser or they did not ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... global economic growth, reaching a 20-year low. The IMF World Economic Outlook 2023 report said there were tentative signs in early 2023 that the world economy could achieve a soft landing - with inflation coming down and growth steady - which have receded ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... to enter into a $175 million transaction," SEC Division of Enforcement director Gurbir S. Grewal said. "Even non-public, early-stage companies must be truthful in their representations, and when they fall short, we will hold them accountable as in this ...