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Showing 721 - 730 of 1719 results for "Minimum"

Westpac ditches SMSF lending

KARREN VERGARA  |  TUESDAY, 17 JUL 2018
... mortgages the property to Westpac and the bank then advances the loan. A similar offering is available at St. George, with a minimum loan amount of $100,000 and up to $2 million. Westpac further commented: "SMSF lending represents a very small portion ...

FASEA issues adviser exam proposals

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
... proposes a scaled passing score of 65% with the guidance stating: "The scaled passing score is FASEA's view of the minimum level of applied knowledge required for independent practice as a financial adviser. Raw scores (the total number of answers ...

FASEA must recognise all prior learning: FPA

JAMIE WILLIAMSON  |  THURSDAY, 5 JUL 2018
... association is advocating for FASEA to consider past and relevant education specific to financial advice higher than the minimum RG146 standard. In addition, the FPA has recommended FASEA recognise the significant study undertaken to attain financial ...

Trade-off needed on existing adviser standards: Fox

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... the start of 2020 given there are no approved courses yet. "So, what sounded like an eight-year period to meet the new minimum standards is more like four years - from the start of 2020 to the end of 2023," Fox said. With such an unrealistic timeframe ...

PM Capital offers new LIC

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
... Capital Global Opportunities Fund (PGF) or to redeem it based on NTA. The issue price is $1.40 per PTrackERS, to raise a minimum of $105 million and a maximum of $491 million. PGF and PM Capital GO 2025 chairman Andrew McGill said: "GO 2025 is unique ...

ASIC takes financial planner to court

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
... markets transactions. ASIC was concerned about "certain representations" Goldman Sachs made to potential investors about the minimum fixed demand in a November 2015 sale of Healthscope Limited shares. Yesterday, ASIC also commenced proceedings against ...

CIPR framework timely but questions remain

KARREN VERGARA  |  THURSDAY, 28 JUN 2018
... legacy benefits," he added. Another key area the proposals failed to address is if a member in a CIPR should be exempt from minimum withdrawal requirements. Duffield said another issue is defining the trigger event leading to a CIPR offering. For example ...

ASIC bans former adviser on IPO conduct

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... has been banned from providing financial services for seven years. Under the ASX Listing rules, a company must meet the 'minimum spread requirements' - meaning it must have the minimum number of unrelated shareholders - before it's stock can be quoted ...

Shaw and Partners shelves managed accounts partnership

KANIKA SOOD  |  MONDAY, 25 JUN 2018
... licensee to transfer any specific proportion or amount of its funds under advice to the new service, though may contain minimum fees incurred by the licensee if minimum commercial levels of funds under administration are not reached, Financial Standard ...

Agricultural asset manager promotes new fund

KANIKA SOOD  |  MONDAY, 18 JUN 2018
... farmland and water rights and lease them to third-party farming businesses. The fund is aimed at wholesale investors and its minimum investment size is $100,000. Its investment strategy will look for farms sized $3-8 million in higher rainfall areas. ...