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Showing 981 - 990 of 4099 results for "Conduct"

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... dropping from a flat fee of $60 a year to $10 a year plus 30bps. The wealth manager is also facing penalties over its conduct in rolling members out of FirstChoice and into its cheaper MySuper product over a period of two years.

Kiwi markets regulator names new chief

KARREN VERGARA  |  TUESDAY, 14 SEP 2021
... October. Barrass is the former chief executive of the Gibraltar Financial Services Commission. She led the prudential and conduct regulation of a complex financial services sector that primarily exports financial services and represents around 25% of ...

One in four Aussies have no super account

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
A new survey conducted by Finder has revealed that one in four Australians do not have a superannuation account. Finder surveyed 1004 Australians, finding that 24% - approximately 4.6 million people - have no super account. The research found that of ...

IFM Investors' Sydney Airport dream still alive

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
... Investors, QSuper and Global Infrastructure Management and now AustralianSuper. The consortium will now be permitted to conduct due diligence on a non-exclusive basis to enable it to put forward a binding offer. If a binding offer was made at $8.75 per ...

Tax agent banned for dishonesty

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
... Truecare. This resulted in penalties being imposed on him. "Mr Jakkampudi was wilful in his deceit and deliberate in his conduct - this will not be tolerated. Most tax practitioners do the right thing, but where there are transgressions that put the ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... product. The incidents relate to the period between 18 March 2014 and 21 July 2016. The Royal Commission referred the conduct to ASIC in February 2019 and ASIC filed the case a year later, in March 2020. A few months later, in July 2020, APRA imposed ...

FS Power50: Last day to vote

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
... strong social media following. They are well known and respected among their peers, viewed as role models in the way they conduct their professional practice. They are also successful business owners, award-winners, policy influencers, mentors, and financial ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
Only half of superannuation funds will be prompted to change their investment profile as a result of the new Your Future, Your Super performance test, an Australian Institute of Superannuation Trustees survey shows. The poll, conducted at AIST's ...

WTL posts $3.3m loss

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
WT Financial Group (WTL) reported a huge loss in FY21 as a result of its restructuring efforts. While revenue grew 6% to $13.6 million, WTL recorded a $3.3 million loss, down from $594,000 in FY20. This is a result of one-off write-downs and provisions ...

QIC appoints chief investment officer

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... retire after nearly a decade leading QIC as chief executive. QIC has appointed global executive search firm Egon Zehnder to conduct a global search for a replacement for Frawley. QIC's total assets at June end were $93 billion.