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Showing 961 - 970 of 5393 results for "Federal"

FPA to manage $1.5m scholarship mandate

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
The federal minister for women has awarded the Financial Planning Association of Australia a mandate to deliver $1.5 million worth of scholarships. The scholarships, which are part of the Women's Leadership and Development Program, aim to assist more ...

James Mawhinney files appeal

ELIZABETH MCARTHUR  |  TUESDAY, 15 JUN 2021
... funds in relation to financial products. Mawhinney has retained Roberts Gray Lawyers and has lodged an appeal with the Federal Court of Australia, claiming that he was denied procedural fairness as ASIC took action against Mayfair. "The Federal Court ...

Advisers win annual renew law relief

KARREN VERGARA  |  FRIDAY, 11 JUN 2021
The federal government will introduce a carve out to help financial advisers to meet their ongoing fee disclosure obligations. Senator Jane Hume announced this evening that advisers will have 60 days to provide clients an estimate of fees they will ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... and supply constraints, the Joneses are purchasing used cars. They have the wherewithal to do so - compliments of the Federal Reserve's low interest rates and the Biden administration's generous fiscal spending. Would inflation turned out to ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... indices closed on the up and up as inflation expectations in Uncle Sam's county eased, calming concerns that the US Federal Reserve would reduce its policy accommodation in the very near future. The day was June 4 - the day the US Bureau of Labor ...

IFM Investors named in class action

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... normal supply of petroleum. To secure the pipeline, US$4.4 million worth of bitcoin was paid to a hacking group which the Federal Bureau of Investigations named Darkside. The class action claims that Colonial Pipeline Company failed to properly secure ...

Premiums to increase at ESSSuper

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... known as CommInsure, as its group insurer until 30 June 2023. AIA's acquisition of CommInsure was approved by the Federal Court on 1 April 2021. A spokesperson for AIA said: "Premiums for death and TPD cover have increased by 6.8%. This is less than ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... in Australia's vaccine roll-outs and the end of the JobKeeper scheme at the end of March and before the Australian Federal Treasury's spending splurge announced in the 2021/22 Budget. This surge in business confidence translated into increased ...

Forex CT cops $20 million fine

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
The Federal Court has handed down a $20 million penalty to Forex Capital Trading for engaging in a system of unconscionable conduct, including the use of high-pressure sales tactics, conflicted remuneration and failing to act in the best interests of ...

Family law super reforms released

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... announced in late 2018 and due to take effect from July 2020. At the time, the delay was put down to "vagaries" of the federal system. "Once commenced, the new information-sharing process will make it harder for parties to hide or under-disclose their ...