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Showing 661 - 670 of 1719 results for "Minimum"

Investors rage coup against Aurora

KANIKA SOOD  |  THURSDAY, 17 JAN 2019
... passing a constitution change. However, Aurora says the meeting did not give unitholders the 21 days' time set as the minimum by Corporations Act 2001 and hence, the resolutions passed are "invalid and of no effect". It has also said Primary was working ...

Xinja funds platform for growth

OSKAH DUNNIN  |  WEDNESDAY, 16 JAN 2019
... the opportunity to back a company they believe in," Wilkinson said. Offering shares at $2.04 each with a $255 investment minimum, Xinja chief executive and founder Eric Wilson believes the company's success shows Xinja has plenty of room to grow. "We ...

Superannuation reforms splits opinion: Spot poll

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... Commission's decision to follow the SMSF Association's recommendations to opt for higher SMSF advice standards and reject the minimum balance approach as the better option for ensuring the integrity and sustainability of the self-managed super ...

Minimum SMSF balance misleading: SuperConcepts

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
The Productivity Commission's proposed minimum balance for self-managed superannuation funds (SMSFs) is "way off", according to SuperConcepts. Despite it being half the balance the commission recommended in its interim report, SuperConcepts believes ...

California mandates gender board diversity

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
... board of directors by year end or pay significant penalties. By 2021, companies with six or more directors must have a minimum of three females. MSCI executive director and head of ESG Impact and screening research Meggin Thwing Eastman says the move ...

Specialist SMSF advisers need only apply

JAMIE WILLIAMSON  |  THURSDAY, 10 JAN 2019
... receive and benchmark its quality, the commission said. Further to this, the Productivity Commission has determined that a minimum balance requirement is too blunt an instrument. This is in contrast to a suggestion in the commission's interim report ...

Praemium renews Asgard contract

DARREN SNYDER  |  WEDNESDAY, 19 DEC 2018
... expire in November 2019, however both businesses have agreed to extend the relationship for up to another six years, with a minimum three-year period. In an ASX statement Praemium said the contract retains a minimum value of $3 million per year. Other ...

Adviser exam draft legislation released

JAMIE WILLIAMSON  |  MONDAY, 17 DEC 2018
... FASEA has determined the exam will be a 3.5 hour supervised test comprising at least 64 multiple choice questions and minimum six written responses. It will be open book for all statutory components. The exam will cover the regulatory and legal obligations ...

Royal Commission sparks risk book sell-off

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... Results said. Unfortunately for the smaller players, tighter lending has seen a number of Australia's banks increase the minimum loan amount for such acquisitions to $1 million. Radar Results, which specialises in mergers and acquisitions of financial ...

FASEA to assess professional advice designations

JAMIE WILLIAMSON  |  THURSDAY, 13 DEC 2018
... resources or knowledge to appropriately approve CPD for their advisers," Maroney said. The association has also called for the minimum CPD requirements for technical competence match that of professionalism and ethics. Under the draft legislation, a ...