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| | | ... the purpose to be a temporary repository for amounts transferred from other regulated superannuation funds. Committee chair, Tim Wilson MP, labelled the practice "suspicious" given the rollover fund charges a fee, while the ATO does not. Rainmaker research ... |
| | | | The US-China trade deal/no trade deal seesaw continues to drive the markets' daily ups and downs. But behind these day-to-day swings is the rise and rise on Wall Street - to new record highs. To be sure, the third quarter reporting season was nothing ... |
| | | | The Federal Court has found Dover Financial Advisers and Terry McMaster guilty in the case brought against them by ASIC. In a judgement handed down on Friday, Dover Financial Advisers and Terry McMaster have been found guilty of false, misleading and ... |
| | | | Federal member for Warringah Zali Steggall has written to Treasurer Josh Frydenberg to ask him to consider how regulatory changes are impacting financial advisers, requesting an extension to education reforms. Steggall wrote that a number of regulatory ... |
| | | | The head of an IOOF-aligned dealer group will depart the business next week. Elders Financial Planning (EFP) has confirmed the resignation of Tony Beaven who has opted to return home to the United Kingdom. His departure, effective November 28, will ... |
| | | | ... Committee on Economics on Thursday, QSuper chief executive Michael Pennisi fielded questions from Committee chair and Liberal MP Tim Wilson over the potential arrangement between the two Queensland funds. Asked if QSuper was strictly seeking a merger ... |
| | | | IFM Investors will spend $25 billion on Australian infrastructure over the next decade, in what it says is expected to create 50,000 new jobs. The industry-fund-owned fund manager will invest in existing assets including electricity distributor Ausgrid ... |
| | | | Profitability in life risk insurance has dropped to the extent that the sector is now loss-making in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an ... |
| | | | At a roundtable yesterday talk turned to the current state of the financial advice industry and the opportunities that exist alongside the challenges. Stephen Miller, adviser at GSFM, pointed out: "The whole regulatory landscape as a consequence of ... |
| | | | Scratch that and lower it to 2.9%. In its 'Interim Economic Outlook' report published on September 19, the OECD lowered its world economic growth forecast from 3.6% in 2018 to 2.9% (down from 3.2% forecast in May 2019) this year and 3.0% (down ... |
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