Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 291 results for "Agents"

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
... rapid reinvention to recover its credibility. The financial advisers many retail wealth groups may have seen as their sales agents are also in the Royal Commission's gunsights. Their sales commissions and grandfathered sales commissions are gone ...

Ponzi scheme fined $1.4bn

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
... payments on the loans, the SEC alleged in 2017. Meanwhile, Shapiro and Woodbridge paid US$64.5 million in commissions to sales agents who pitched the investments as "low risk" and "conservative," SEC said. Shapiro was alleged to have diverted at least ...

ATO and TPB terminate tax agents

DARREN SNYDER  |  FRIDAY, 18 JAN 2019
The registrations of tax agents QTR Accountants and Nicoh Group were terminated this week following a joint TPB and ATO investigation. The Tax Practitioners Board (TPB) and the Australian Taxation Office (ATO) received 19 consumer complaints about the ...

Advisers failing to submit SMSF returns

DARREN SNYDER  |  TUESDAY, 11 DEC 2018
... launches a new compliance strategy. The TPB is calling on registered tax practitioners - which collectively refers to tax agents, business activity statement (BAS) agents and financial advisers - to settle outstanding tax obligations. TPB chair Ian Taylor ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
... to uncertainty. If it's on... then good. If it's off... then so be it, at least economic, financial and business agents can adjust their decisions based on the new world order. And then there's the Fed. Luckily, the latest update is that ...

Freedom sold life insurance to intellectually disabled man: Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 12 SEP 2018
... repeat after his father to cancel the policy. The Commission later heard recordings of phone calls between Freedom sales agents and Stewart's son, including an instance when a sales agent asked the man if he could speak with his mother after the man ...

Trustees caught in a balancing act

KARREN VERGARA  |  THURSDAY, 6 SEP 2018
... or maliciously" but purely because this risk is seen as a small part of the equation, he said. Finally, appointing other agents to manage members' funds leads to information asymmetry as they are closer to the markets than the trustee. That information ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
... growth in domestic costs than had been seen over recent years. That was consistent with recent evidence from the Bank's Agents, the REC survey and rising wage settlements, including in the public sector." Not totally a bad thing for it'll allow ...

Impact investing reports sharp growth

HARRISON WORLEY  |  THURSDAY, 19 JUL 2018
... said greater investment in the area led to new insights around the potential capabilities of capital markets as change agents. "The report reveals a diverse market delivering positive financial returns for investors while also benefiting the environment ...

Royal Commission cracks down on life insurance phone sales

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... policies," Let's Insure said. Select AFSL managing director Russell Howden admitted that in hindsight "we pushed our agents" and this practice was "regrettable." Some staff members were incentivised with a Vespa scooter and a cruise - which he conceded ...