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Showing 911 - 920 of 2383 results for "Finding"

SMSF scheme sees creator jailed

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... years in prison after pleading guilty to orchestrating an illegal early release of a superannuation scheme, with the court finding the fund did not comply with relevant protocol, procedures and requirements of superannuation legislation. Between 2007 ...

Dealer group shuts after advisers depart

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
A dealer group boss decided to close down its Australian Financial Services License after finding it hard to restock advisers with the FASEA education requirements. Queensland-based Myonlineadvisers was started by James Sutherland in 2012 as a non-aligned ...

Next decade of defined contributions crucial: Research

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
New research from the Thinking Ahead Institute indicates that the next 10 years of defined contributions will be crucial to the development of retirement systems all around the world. The Thinking Ahead Institute, which is based in London, said that ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... easy to get into, but hard to get out of." Statements of advice also came under fire in the report, with ASIC and AFM finding that SOAs cannot provide consumers with skills, knowledge and experience required to accurately judge the quality of the advice ...

Ophir goes global

ELIZA BAVIN  |  TUESDAY, 15 OCT 2019
... businesses that meet our selection criteria. Historically, our success in the Australian listed market has been built on finding, at an early stage, those few, rare, needles in the haystack that could continue to grow and compound their earnings over ...

Broker fined for lavish entertainment

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... personally generated and brokers were encouraged to entertain traders, often those working in investment banks - with the FCA finding this entertainment was "lavish". The entertainment usually involved drinks and dinners but extended to golf trips to ...

SMSFs not for everybody: ASIC

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... with investing in an APRA-regulated fund," Press said. The regulator even pointed to the Productivity Commission's finding that SMSFs with a balance below $500,000 produce lower returns - on average, after expenses and tax - than industry and retail ...

Culture change must not be a fad: APRA

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
APRA chair Wayne Byres told Australia's banking lobby that changes to the sector's culture cannot disappear once the spotlight moves away. Speaking at the Australian Banking Association's national economic series in Sydney on Wednesday, Byres said APRA's ...

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
... ever we cannot afford to be divided," Kewin said. "We are also very aware that many members of the advice community are finding the current environment extremely challenging and we are and will continue to advocate on their behalf and provide them with ...

Impact investing difficult to measure

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
A new report produced by the Responsible Investment Association of Australia (RIAA) along with the University of Auckland and AMP Capital has revealed how difficult it is for fund managers to actually measure the influence of impact investments. The ...