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Showing 61 - 70 of 1613 results for "Recommended"

Liquidity issues hurting Healthbridge Capital investors

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... of fees. At the time, directors flagged concerns around the fund's liquidity and that it was not sustainable. They recommended a restructuring be undertaken to improve it and reduce credit risk. ASIC declined to comment on whether it was aware of the ...

Adviser banned for UGC, Shield involvement

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
... authorised representative of Next Generation Advice between 13 September 2021 and 11 November 2022 when he allegedly recommended his clients set up self-managed superannuation funds (SMSFs) and invest most of their retirement savings into the funds. ...

WAM eyes Platinum LIC

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
... Richard Caldwell, Julian Martin and Geoff Wilson. More broadly, Platinum Asset Management's board has unanimously recommended merging with L1 Capital. Morningstar equity analyst Shaun Ler said the combined entity will have greater asset class and ...

PC suggests removing excessive entry requirements for advisers

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... in Australia's economy ahead of the government's Economic Reform Roundtable, the Productivity Commission (PC) has recommended paring back some of the entry requirements that have impacted adviser numbers. The PC pointed to feedback it received from CPA ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... Financial Planning (CFP), Financial Wisdom (FWL) and CMLA in August 2020 relating to CMLA life insurance policies recommended by financial advisers appointed by CFP and FWL. A court ordered mediation is due to take place on November 6. CBA said it is ...

Iress deputy chief made redundant, takeover talks confirmed

KARREN VERGARA  |  MONDAY, 11 AUG 2025
... stages of engagement with Blackstone and Thoma Bravo in order to ascertain whether an offer can be made which can be recommended by the Iress board. There can be no certainty that any proposal or offer will be forthcoming from either party, or that any ...

Treasury launches retirement phase consultations

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... simple indicator," the paper reads. "A more comprehensive approach could ask funds about the nature and amount of their recommended drawdown rates they provide members beyond the MDR." Stakeholders have until September 5 to respond to the Retirement ...

PC recommends switch to digital financial reporting

ELIZA BAVIN  |  WEDNESDAY, 6 AUG 2025
An interim report from the Productivity Commission (PC) has recommended Australian companies switch to digital financial reporting to allow for data to be better extracted. The report looked at how Australia can better harness the data contained in ...

PC outlines key reforms to boost clean energy investment

ELIZA BAVIN  |  TUESDAY, 5 AUG 2025
... also boost our resilience to the effects of climate change and minimise their human and economic costs." The report recommended Australia improve incentives in electricity, heavy industry and transport - which together account for 79% of Australia's ...

Adviser banned for PRP supervision failures

MATTHEW WAI  |  THURSDAY, 31 JUL 2025
... objectives. The provided projection graphs and tables also presented a "distorted comparison" of the existing fund to the recommended fund. Further, ASIC found that the documents in client files were substantially similar, and the advice provided was ...