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Showing 51 - 60 of 354 results for "Subsequently"

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
... superannuation fund after being invited by the Queensland Master Builders as the employer representative. He was subsequently nominated chair when Masters stepped down in June. While he concedes he hasn't had much experience with superannuation ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... into a retail account. AMP took action to rectify the issue, self-reported it to ASIC, apologised to customers and subsequently completed the remediation of affected members." "The remediation was completed in November 2019, with approximately 2,500 ...

ABN AMRO Clearing pays $222k penalty

ANDREW MCKEAN  |  THURSDAY, 8 SEP 2022
... prohibits market participants from aggregating separate orders to meet the Minimum Value Threshold for block trades. Subsequently, the MDP had reasonable grounds to believe that ABN AMRO contravened subsection 798H(1) of the Corporations Act by failing ...

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
... Andrew Bragg believed the draft regulations allowed super funds to hide political donations and payments to unions. Subsequently, Bragg lampooned assistant treasurer and minister for financial services Stephen Jones as the minister for industry super. ...

Spirit Super consortium withdraws from port acquisition

ANDREW MCKEAN  |  TUESDAY, 30 AUG 2022
... Consortium that it continued to hold preliminary competition concerns needing more time to investigate and the Consortium subsequently decided to not proceed with the transaction. Earlier this year, the ACCC released a statement of issues outlining its ...

Online investor numbers taper out: Report

ANDREW MCKEAN  |  FRIDAY, 26 AUG 2022
... desired level of savings." That is, having enough money for day-to-day living expenses, plus some extra for rainy days. Subsequently, Guiamatsia said: "The ongoing cost-of-living pressures on households would no doubt contribute to delaying the assessment ...

Unlicensed forex trader extradited from Poland

CHLOE WALKER  |  FRIDAY, 19 AUG 2022
... warrant for his arrest was issued by a Queensland magistrate in December 2020, and he was arrested in November 2021. Subsequently, the Polish government granted his extradition in July after Ali consented to being extradited. Ali appeared in Brisbane ...

Strong wage growth lags inflation

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
... outlook, ASPL Group chief executive Kris Grant said with the tight labour market, pressure on salaries is building, subsequently she expects the Wage Price Index to climb towards 6% per annum by the year's end. "In many cases, we are seeing salaries ...

Charter Hall sells half-stake in office fund to GIC

ANDREW MCKEAN  |  MONDAY, 15 AUG 2022
... portfolio within the Group's $26 billion office platform." The 3000m 2 555 Collins Street site was acquired in 2018 and subsequently received planning approval for an 84,000m 2 twin office tower precinct inclusive of 2300m 2 of retail space in May 2020. ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... APRA, will, require an uplift to processes, tools and resources employed by many trustees," KPMG upended. The report subsequently addressed unacceptable product performance. KPMG claimed that an uptick in supervisory intensity on product performance ...