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Showing 51 - 60 of 299 results for "Tranche"

Lendlease ditches overseas construction

KARREN VERGARA | MONDAY, 27 MAY 2024

Lendlease will abandon its international construction operations as part of a broader restructure that will make nearly 3000 workers redundant over the next 18 months. The ASX-listed firm today announced it will solely focus on its development and construction ...

Advisers must unite for major reforms: SIAA

KARREN VERGARA | THURSDAY, 9 MAY 2024

... Association Working Group formed from the breadth of associations coming together to provide a unified voice on the first tranche of the reforms," she told Financial Standard. "I think it's a meaningful and important approach to take to this change ...

The risks and opportunities in advice: SIAA

KARREN VERGARA | TUESDAY, 30 APR 2024

... education, guidance, and advice to navigate those pivotal moments in their in their lives." Legislation containing the first tranche of the financial advice reforms that promise to reduce red tape was introduced in parliament on March 27. The first stage ...

Tranche one of advice reforms hits parliament

KARREN VERGARA | WEDNESDAY, 27 MAR 2024

The legislation housing the first tranche of financial advice reforms that promise to reduce red tape was introduced in parliament today. Some of the recommendations from the Quality of Advice Review (QAR) include amending ongoing fee arrangements (OFA) ...

Reforms will strengthen retirement advice: Experts

KARREN VERGARA | WEDNESDAY, 21 FEB 2024

Reforms underway to expand financial advice will have positive ramifications for the SMSF and APRA-regulated sectors as it will ultimately uplift outcomes in the retirement phase for all Australians, industry experts say. The first day of the annual ...

QAR final response winds clock back, says FAAA

JAMIE WILLIAMSON | THURSDAY, 7 DEC 2023

... support for scaled advice, replacing the Statement of Advice, and the removal of the Safe Harbour steps, it said this second tranche has it reconsidering its initial support of the government's response. "We supported, in principle, the government's ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI | THURSDAY, 7 DEC 2023

... the client's comprehension and their ability to make informed decisions about the advice. Commenting on the final tranche, minister for financial services Stephen Jones said that as five million Australians are either nearing or in retirement with ...

AMP to pay $100m to settle BOLR class action

JAMIE WILLIAMSON | THURSDAY, 23 NOV 2023

... Commission, and more than 90% since AMP first listed. The group said it will update the market before the end of the year on how tranche three of its capital return program is progressing, with the $50 million added to the settlement to have an impac ...

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON | WEDNESDAY, 22 NOV 2023

... Association Australia Congress this morning, Jones acknowledged feedback from the advice sector in relation to the first tranche of draft legislation to come out of the Quality of Advice Review, released last week. Upon its release, many lamented the ...

Paraplanners unfazed by QAR, AI: Survey

KARREN VERGARA | WEDNESDAY, 22 NOV 2023

... Statements of Advice (SoAs) should be replaced with an advice record that is more fit-for-purpose. However, in the first tranche of legislating some of the recommendations, overhauling the SoA was noticeably missing. Some paraplanners feared that their ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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