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Showing 8361 - 8370 of 28277 results for "NOT"

AMP to pay $5m for churn

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... policies only to take out of similar replacement policies by way of a new application rather than a transfer. More often than not, the policies were with AMP Life. The cancellation of policies and submitting of new applications exposed clients to a number ...

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... administrative challenge for all advisers," Kewin said. As a result, the AFA has seen its membership numbers decline. While Kewin did not disclose how many advisers are members of the AFA, he did say the association's onboarding processes were reshaped ...

Asset manager to be liquidated

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... as joint liquidators for the company. ASIC said its investigation into the financial services company is ongoing, and did not provide further details. Global Merces is the responsible entity of Global Merces Access Fund, Global Merces Equities Fund and ...

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... KPMG head of asset and wealth management Linda Elkins said. "But sadly the current system does the opposite - while it was not designed to discriminate against women, in effect all it does is exacerbate the inequality. Specifically, through superannuation ...

Asia is way forward for global economy: DWS

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... contraction in nominal growth as new leaders came in with a focus on anti-corruption and spreading the wealth effect. "So, it's not just about China and how much money can be thrown into infrastructure to get a good GDP number. The consumption growth ...

Permanent ban follows alleged SMSF theft

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... 2019 Tran was one of three New South Wales SMSF auditors disqualified by ASIC, with the corporate regulator ruling she was "not a fit and proper person". Tran had already been deregistered from a statutory role by another regulator when ASIC took its ...

Perth advice firm folds

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
... litigation involving ASIC, liquidation documents show. The firm's assets amounted to $690,000. Much of it was goodwill and ended up not being realisable. The liquidator tried shopping the domain name to business brokers, in hope of recovering some value ...

FSC sheds light on cancer impact

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
... to get in touch with their life insurer or superannuation trustee to find out what their life insurance covers if they're not sure."

Corrupt adviser banned, AFSL canned

ALLY SELBY  |  TUESDAY, 4 FEB 2020
... services for seven years and cancelled the AFS licence of his business. The corporate regulator found that Timothy Shapter had not provided advice in his client's best interests, and gave his own financial gain priority over the financial interests of ...

Bonds not out of the game

ELIZA BAVIN  |  TUESDAY, 4 FEB 2020
... diverse as the strategies they use. Some recent performances could be viewed as surprising for many readers who assume bonds are not only boring, but they don't return much," Todd said. Legg Mason Western Asset Macro Opportunities Bond Fund saw a ...