Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 721 - 730 of 4023 results for "January"

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... periodic reviews or reserve management. With the need for funds to create a pool of funds for the payment of penalties from 1 January 2022, the discussion paper requests feedback on how this will be done; whether a new fee will be charged to members ...

ASIC reviews super calculators

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... retirement estimates so that the tools complement the upcoming Retirement Income Covenant. Seeking industry feedback until 28 January 2022, the corporate regulator launched a consultation with the super industry and is also inviting consumer groups and ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... SMSFs and then loan that money to A One Multi and earn annual investment returns of over 20%. ASIC claims that between 1 January 2019 to 30 June 2021, more than 60 consumers deposited about $25 million into A One Multi's accounts. Hala and Walters ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... documented policies and procedures in place to support the advice process. Ultiqa ceased selling interests in the scheme on 28 January 2020 and was placed into members' voluntary liquidation on 30 April 2021. However, the scheme remains active, as ...

FPA launches female mentoring program

ANNABELLE DICKSON  |  WEDNESDAY, 3 NOV 2021
... Women's Leadership and Development Program to launch the program. Applications for both mentors and mentees are open until January 14.

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... following its October 6 board meeting, sending the Kiwi stock market down. The NZ Cap 50 index has declined by 2.0% from January to end-October this year. Not good in comparison with the strong positive returns from the all ordinaries index (+11.5%) ...

Exam pass rate steady at 60%

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
... have underperformed and are eligible to sit the November exam. Existing advisers who have failed the exam twice before 1 January 2022 have until 1 October 2022 to pass the exam. Existing advisers who have not sat the exam twice before 1 January 2022 ...

MLC Life wins group mandate

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... great insurance cover for their members." As trustee for OneSuper, Diversa established a working relationship with MLC in January of this year to review and transition the fund's group insurance arrangements.

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... Under the Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial Services and Credit Panel within ASIC will make the Financial Adviser Standards and Ethics Authority ...

Advisers closer to professionalisation: FASEA

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
... 57 in 2018 to 178 in 2021. There were 590 new entrants to the industry who have commenced their Professional Year since January 2019; this saw enrolments grow from 47 to 334 as at September. FASEA chief executive Stephen Glenfield commended financial ...