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Showing 861 - 870 of 9559 results for "Release"

Smart default fund to boost retirement incomes

CHLOE WALKER  |  MONDAY, 10 JAN 2022
A former Commonwealth Superannuation Scheme and APRA executive has developed a 'smart default' fund which he claims could boost retirement balances by more than 35%. Douglas Bucknell, founder and chief executive of Tailored Superannuation Solutions ...

Sequoia Financial Group acquires legal practice

CHLOE WALKER  |  MONDAY, 10 JAN 2022
... amendments and pension commutation as ever-changing laws and legislation is implemented. As noted in a recent ASX press release, enhancing the breadth of services to the advice community is consistent with Sequoia's mission of "providing multiple ...

One million visits to YourSuper comparison tool

ELIZABETH MCARTHUR  |  FRIDAY, 7 JAN 2022
Minister for superannuation Jane Hume has lauded the government's YourSuper comparison tool as a success, with one million visits. "Australians are taking charge of their own super like never before thanks to reforms passed by the Morrison government," ...

Pandemic sees boom in voluntary super contributions

ELIZABETH MCARTHUR  |  THURSDAY, 6 JAN 2022
... September 2021 on average, compared to the same period in 2019. However, those who withdrew money under the government's early release of super (ERS) program early in the pandemic are still lagging. This group of individuals had voluntary contribution ...

ASIC unveils details of FSCP operations

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
ASIC has released further information about the operations of the Financial Services and Credit Panel (FSCP) and what financial advisers can expect next year. Set to commence on 1 January 2022, the FSCP under the Better Advice Bill will have the power ...

Federal Court fines Mayfair $30m

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
James Mawhinney's Mayfair 101 Group has been ordered to pay a combined penalty of $30 million for misleading advertising. In handing down the decision, Justice Anderson said the increased penalties were appropriate, noting that those sought by ASIC ...

ASIC bans adviser for two years

CHLOE WALKER  |  WEDNESDAY, 22 DEC 2021
ASIC has banned Sydney-based financial adviser Christopher Betalli from providing financial services for two years. Betalli has been banned from providing financial services for two years. Following a review by the corporate regulator, Betalli, who ...

Consultation opens for CCIV draft bill

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
The long-awaited Corporate Collective Investment Vehicle regime draft regulation has been released, with consultation to be held until 21 January 2022. Rules for financial reporting, record-keeping, and custody of CCIV assets are some of the measures ...

Charter Hall acquires 50% of Paradice

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 DEC 2021
Property giant Charter Hall has entered into a binding agreement to acquire 50% of Paradice Investment Management. The 50% stake was worth $207 million to Charter Hall, with Paradice shareholders to receive 70% of that in Charter Hall shares and 30% ...

Hume refreshes super co-contribution laws

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
The government is refreshing its super co-contribution law for low-income earners as the sunset date is due to kick in. Senator Jane Hume released the draft regulation Superannuation (Government Co-contribution for Low Income Earners) Regulations 2022 ...