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Showing 741 - 750 of 4739 results for "July 1"

HNWs recalibrate investment goals: Report

CHLOE WALKER  |  THURSDAY, 1 DEC 2022
Latest research from Investment Trends has indicated that the proportion of Aussie high-net-worths making substantial asset allocation changes to their portfolio has shrunk for the second year in a row, with just under two in five (37%) making substantial ...

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
Equity Trustees, the trustee of Crescent Wealth Superannuation, has said the fund's estimated costs weren't calculated or disclosed correctly, breaching regulatory standards. The finding follows a review by Equity Trustees, of the fund's ...

Advisers must register for FSCP: ASIC

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
Appearing at the FPA Congress today, ASIC senior executive leader Leah Sciacca explained that all financial advisers will need to register with the ASIC Financial Services and Credit Panel, in addition to being registered on the Financial Advisers Register. ...

ASIC bans married duo from providing financial services

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
ASIC has banned former financial adviser Richard Thomas Marshall from providing financial services for six years, and his wife Gwenda Jean Marshall for three years for operating unlicensed and removing money from a deceased client's account. An ASIC ...

GSFM strengthens distribution capabilities

JAMIE WILLIAMSON  |  TUESDAY, 8 NOV 2022
GSFM has appointed an experienced business development executive to the newly created role of consultant and wholesale distribution. Effective October 31, Michael Angwin has joined the fund manager, reporting to head of retail distribution Stephen Fletcher. ...

Proebstl to leave legalsuper

JAMIE WILLIAMSON  |  TUESDAY, 8 NOV 2022
Andrew Proebstl has announced he will leave the fund this month, capping just shy of two decades in the role. Proebstl will retire from the fund on November 23, with the fund employing a global executive search team to find his replacement. He took ...

Financial adviser registration delayed

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
The government has said it will delay the financial adviser registration requirement until 1 July 2023. The Financial Sector Reform (Hayne Royal Commission response - Better Advice) Act 2021 introduced a central registration requirement for financial ...

Challenger launches new alternatives fund

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
Challenger has launched the Challenger Solutions Liquid Alternatives Balanced Fund, seeking to deliver positive absolute returns in excess of the cash rate, regardless of the market environment. The fund is managed by Challenger's newly formed Solutions ...

T. Rowe Price appoints head of APAC distribution

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
T. Rowe Price has appointed Elsie Chan as its head of Asia Pacific distribution, leading the investment manager's distribution teams in Australia, Japan, Hong Kong, and Singapore. Chan assumed her new role on September 1, and reports to head of Americas ...

Chalmers delivers on childcare

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
Federal Treasurer Jim Chalmers has promised to improve early education and childcare affordability for more than 1.2 million eligible Australian families. Labor's "game-changing" investment for families will increase the paid hours worked by women ...