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Showing 51 - 60 of 2235 results for "States"

Super fund blunder likely down to bad data: Podcast

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... inconsistent data." He flagged individuals signing up to funds multiple times also presents a duplication issue. The law states trustees must review their accounts to identify duplicates at least annually. "But the issue here is, the requirement is to ...

FAAA suggests adviser pathway tweaks

CHLOE WALKER  |  FRIDAY, 5 MAY 2023
... month, seeks to clarify the educational requirements for experienced financial advisers and new entrants. Specifically, it states an adviser with 10 years of cumulative experience providing advice between 1 January 2007 and 31 December 2021 would meet ...

JPMorgan acquires First Republic Bank

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... Insurance Fund will be about $13 billion, it said. Going forward, First Republic's 84 existing offices located across eight states will reopen as branches of the JPMorgan Chase Bank National Association. All depositors of First Republic Bank will ...

Future Super accused of greenwashing via Facebook post

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
... represent that the entirety of its funds had been invested in fossil fuels prior to being rolled into the fund. The notice states that Future Super overstated the positive environmental impact of the fund. The post was created on 29 May 2019 and remained ...

High Court rejects Mayfair 101 plea

JAMIE WILLIAMSON  |  MONDAY, 24 APR 2023
... international travel ban that had been placed on Mawhinney in August 2020 and reinstated in September 2022. The Mayfair 101 website states the group is relaunching this year, stating: "Mayfair 101 is preparing for the relaunch of its international private ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... response and on the back of governor Philip Lowe's 2020 prediction that rates wouldn't rise until 2024. However, it states: "This Review is not a judgement on the past six months. We have looked back over three decades." The 294-page document ...

Industry welcomes experience pathway consultation

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
... working with clients beyond 2026. The Financial Advice Association Australia (FAAA) welcomed the draft legislation, which states an adviser with 10 years of cumulative experience providing advice between 1 January 2007 and 31 December 2021 would meet ...

Experience pathway consultation opens

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... financial advisers and new entrants. Treasury Laws Amendment (Measures for Consultation) Bill 2023: Financial Adviser Standards states that an adviser with 10 years of cumulative experience providing advice between 1 January 2007 and 31 December 2021 ...

Quinbrook acquires US biofuel producer

RACHEL ALEMBAKIS  |  FRIDAY, 14 APR 2023
... dairies and depacking operations to convert organic waste streams to energy. Scaysbrook noted that an increasing number of US states, particularly in the northeast, have banned the dumping of organics in landfill, putting pressure on food manufacturers ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... earners; raising GST to 15% with compensation for the most vulnerable households and 50% of the revenues shared among the states; winding back tax fuel credits for businesses; and redesigning the Petroleum Resource Rent Tax. Grattan said that even by ...