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| | | ... circumstances and existing financial products while providing advice, ASIC said. In providing superannuation advice, O'Brien did not check costs, investment strategy or his clients' existing insurance through their superannuation arrangements. ... |
| | | | ... this new segment presentation, which is part of its ongoing commitment to organising the firm in a client-centric way, will not only better reflect how the firm is now managed, but also help drive greater accountability for executing its forward strategy," ... |
| | | | ... reallocated into companies standing to benefit from a low carbon economy. At the same time, about $380 million invested in companies not making progress has been divested. Having commenced in 2011, Nest anticipates it will be responsible for more than ... |
| | | | ... slows. However, IG market analyst Kyle Rodda said gold isn't always a safe haven. "To be honest, this view is probably not categorically true, with market dynamics driving the gold price far more complex. But nevertheless, the perception of gold ... |
| | | | ... acquisition would improve industry and investor outcomes. "It means essential pricing, administrative, regulatory and tax data will not only be more efficiently distributed but also integrated into end-user processes, in turn bringing about better industry ... |
| | | | ... of money an individual has to invest can no longer be relied upon to determine whether they are a sophisticated investor or not. Sophisticated investors are defined by ASIC's Money Smart as investors with a gross annual income of $250,000 or more in ... |
| | | | Draft legislation compelling ASIC and APRA to work with one another in overseeing the financial services industry is open for consultation. The government has taken a major step towards ensuring the cooperation of the corporate and prudential regulators ... |
| | | | ... November 14 last year, just a few weeks before the burning of Australia. The present wildfire crisis scorching the country might not be novel - we've had out of control bushfires before - but it's definitely impactful in terms of scale and scope. ... |
| | | | ... that his clients establish SMSFs and, among other things, invest in the Bateau Global Opportunities Fund." Blazejczyk was not only the beneficiary of the SMSF administration services he recommended but the investment manager of Bateau Global Opportunities ... |
| | | | Documents released under Freedom of Information laws reveal the government ignored ASIC's advice to not create a carve-out for LICs and LITs in the Future of Financial Advice conflicted commission ban. According to documents published last week under ... |
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