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Showing 7961 - 7970 of 28273 results for "NOT"

ERS can be drawn from multiple funds: ATO

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... accounts to withdraw $1000 from one account and $9000 from another, for example. This could pose a problem for funds who had not planned for the release of super from low balance accounts. Interestingly, the ATO has excluded itself from releasing members ...

Listed infrastructure mispriced: FSI

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... road and airport sectors. "The gap to intrinsic value has increased significantly compared to late 2019. In fact, we have not witnessed the GLI asset class trading at this large a discount to our estimate of intrinsic value since the GFC," Greenup said. ...

Major regulatory efforts delayed

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... projects, such as ASIC's RG97 consultation paper on platform fees, will continue to be worked on in the background, but will not be published "until further notice". The long-awaited managed discretionary accounts policy review consultation paper ...

COVID-19 is not the only factor: deVere

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
To protect and grow wealth investors need to carefully monitor other major factors, not just COVID-19, according to deVere Group chief executive Nigel Green. The warning follows last week's sharp rally in global markets, with the MSCI experiencing its ...

Former Wallaby banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 APR 2020
... infringement notice related to trading in DirectMoney shares in 2015. Bell Potter's compliance with the infringement notice is not an admission of guilt or liability on behalf of the company. Rode only got a four year ban, with ASIC expressing concern ...

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... world economic growth contracted (based on IMF data) by 0.7% in 2009. The answer to the 64 trillion dollar is... maybe, maybe not. As per the IMF: "Much worse growth outcomes are possible and maybe even likely. This would follow if the pandemic and containment ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
... assist the provision of advice around the government's early access to super scheme, ASIC has allowed advice providers to not give a Statement of Advice (SOA) when doing so; permitted registered tax agents to give advice to existing clients about ...

AMP Capital wholesale property fund rejigs withdrawals

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... date to May 15. The fund's constitution allows it to widen payment times beyond the 12-month processing time. "It's not considered in the best interests of all investors to maintain monthly redemptions in the current economic environment. However ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
... "Neither of these factors represent the cure-all that risk assets are hoping for. Flattening of the curve is a necessary, but not sufficient, condition for stabilising the global economy." Continued reinfections will see economic damage be dragged out ...

Big four urged to pay up dividends

ALLY SELBY  |  TUESDAY, 14 APR 2020
... APRA to encourage the big four banks to use DRP's, arguing this option would ensure Australia's retirees and investors are not "hung out to dry". "Destroying the major income stream of thousands of Australians, many of whom are retirees, will put further ...