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Showing 801 - 810 of 3595 results for "Limited"

State Street loses Fearless Girl replica claim

KANIKA SOOD  |  TUESDAY, 2 MAR 2021
... last week. State Street Global Advisors Trust Company and its local subsidiary State Street Global Advisors Australia Limited in 2019 initiated trademark infringement proceedings against Maurice Blackburn and the two superannuation funds. The last hearings ...

First Sentier funds appoint new RE

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
... responsible entity for the 13 funds. The change comes after shareholder vote and retires Colonial First State Investment Limited (CFSIL). The RE transition comes into effect on March 1. The funds that will undergo the change include products in the First ...

SMSFs given small LRBA win

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
Self-managed super funds that borrowed from a private company under a limited recourse borrowing arrangement (LRBA) will not suffer adverse tax consequences if the loan interest has been capitalised because of COVID-19. This recent announcement by the ...

Netwealth cash margin could squeeze

KANIKA SOOD  |  FRIDAY, 19 FEB 2021
... renegotiate the rate is now rising, in what could impact Netwealth's earnings. "With bank profits recently under pressure and limited competition for deposits, the risk of ANZ renegotiating the cash rate +95bps they paid NWL is rising. We note that 12 ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... specific, timely and relevant information that help make better decisions, he said. ASIC wants to tackle the major barriers to limited advice, launching an industry consultation under CP332 Promoting access to affordable advice for consumers, with many ...

Woodford flags comeback

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... FCA's investigation has taken, pointing out that it is "vital we investigate thoroughly and investigations are not limited at their outset". "Instead, we look at what all the evidence tells us before we make conclusions about what, if any, misconduct ...

Westpac to combine Advance super with BT Super

KANIKA SOOD  |  MONDAY, 15 FEB 2021
... accounts (down 19% in two months). Average member had $58,000 in balance, according to APRA statistics. "BT Funds Management Limited...the Trustee of Advance Retirement Suite, has decided to transfer all member interests including the Advance Fixed Term ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... students, citing the significant cost involved in bringing on a new entrant whose contribution to the business may be limited. According to Rainmaker analysis of the ASIC FAR, 3318 advisers departed the industry in 2020. Commenting on the shrinking industry ...

Super must prioritise cybersecurity risk: Report

KARREN VERGARA  |  MONDAY, 8 FEB 2021
... identity theft (56%), human error or negligence (55%) and malware (46%). Over half (62%) of respondents admitted they have limited understanding of cyber risk as senior managers, which is a limitation in managing such risks. "There is a lack of accountability ...

ASIC suspends RE licence

KARREN VERGARA  |  MONDAY, 8 FEB 2021
... several compliance and reporting obligations. The licence of Queensland-based financial services provider Investors Exchange Limited (IEL) has been suspended for six weeks, effective January 15. IEL is the responsible entity of Investors Exchange Fund ...