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Showing 971 - 980 of 2715 results for "SEPA"

ATO issue SMSF scam warning

ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
The Australian Tax Office has issued a warning against promoters of illegal self-managed superannuation schemes. The ATO is reminding consumers that SMSF schemes promising to allow you to withdraw super early can be illegal. "You can only access your ...

IOOF, ANZ transaction gets green light

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
APRA has approved IOOF's application to purchase ANZ's superannuation business. The decision to allow the purchase of OnePath Custodians and Oasis Funds Management comes from APRA after it was granted the legislative power to approve or refuse an application ...

Advice dealer group rebrands

HARRISON WORLEY  |  MONDAY, 9 DEC 2019
Following its acquisition by Sargon last year, Madison Financial Group is rebranding. From March 2020, Madison Financial Group will be known as Sargon Adviser Services, as the Sargon subsidiary continues to incorporate itself within the technology company. ...

Super consumer body grateful for intervention

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
With just 18 months of funding left, Super Consumers Australia has been handed a potential lifeline by the government. After the government announced it would take its first steps towards fulfilling a recommendation of the Productivity Commission to ...

Global firm cuts fund fees

HARRISON WORLEY  |  TUESDAY, 3 DEC 2019
A global asset manager shaved 10 basis points off the management fee of its global fixed income fund. Legg Mason cut the management fee of its $45 million Legg Mason Brandywine Global Income Optimiser Fund to 0.65% per annum, as the offering approaches ...

Chief economist update: Chinese green shoots?

BENJAMIN ONG  |  MONDAY, 2 DEC 2019
It might be a mere 0.2 point above the line but it was indication enough that China's manufacturing sector has stopped contracting. The official National Bureau of Statistics (NBS) China manufacturing PMI increased to a reading of 50.2 in November ...

Westpac gives investors an out

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
Westpac has opened the exit door for share purchase plan investors caught unaware by AUSTRAC's action against the bank. Following discussions with corporate regulator ASIC, Westpac has opted to provide a withdrawal option for applicants to its share ...

Advice associations welcome ASIC stance

HARRISON WORLEY  |  WEDNESDAY, 27 NOV 2019
Australia's peak financial planning bodies have welcomed ASIC's stance on the Financial Planners and Advisers code of ethics, however remain concerned about the workability of certain standards. In separate statements, both the Financial Planning Association ...

MLC hires from Perpetual Private

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
MLC Asset Management has appointed a director for its managed accounts business, hiring a Perpetual Private general manager. Jason Komadina starts as MLC's managed accounts lead on 29 January 2020. He will report to general manager for strategic ...

Aviva restructures, plans new retirement focus

JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2019
Aviva has announced a global restructure that will see the group split into five separate divisions, including the creation of a new retirement business. Announced yesterday, Aviva has reviewed its operations and is now simplifying its structure with ...