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Showing 81 - 90 of 1620 results for "Recommended"

ASIC bans advisers for dodgy Shield Master Fund advice

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
... January 2024. ASIC said it was aware authorised representatives from Interprac Financial and Next Generation Advice recommended clients move their money to Shield. McQueen's ban took effect on June 14. ASIC said it understands that since February 2022 ...

BUSSQ's boardroom brass cleared, CFMEU spend deemed sound

ANDREW MCKEAN  |  WEDNESDAY, 2 JUL 2025
... the objectives outlined in the business case metrics, and included mechanisms to monitor outcomes. KPMG, however, recommended that the fund further clarifies how it demonstrates fair value, including by outlining costs of similar arrangements, which ...

Super a 'taxpayer subsidised inheritance scheme': Grattan

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... keeping the threshold at $3 million over the next 30 years would still only impact the top 10% of income earners. "We've recommended maybe the threshold should come down to $2 million on the grounds that there's probably not a strong rationale for tax ...

Equity Trustees rapped over the knuckles by ASIC

JAMIE WILLIAMSON  |  THURSDAY, 19 JUN 2025
... inception, it's achieved a net return of 2.60% against the benchmark's 1.38%, as at May end. In 2024, the fund was given a 'Recommended' rating by Zenith and was named the Best New Ethical Fund at the Mindful Money Awards. "A responsible entity must ...

Labor proposes changes to ancillary funds

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... not give a preferred minimum annual distribution rate. Instead, it suggested a rate between 5-8% is appropriate. It recommended aligning the distribution rate for PGFs and PuGFS and providing five years' notice before any new distribution rate applies. ...

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
... will meet Mulino with other members of the Joint Associations Working Group (JAWG) "as most of their positions and recommended reforms very closely align with those that we are promoting to ensure consumers have access to affordable quality advice and ...

ASX outlines opportunities in listed markets amid IPO slump

MATTHEW WAI  |  FRIDAY, 9 MAY 2025
... Australian public markets, which aims to mirror similar moves in the UK, Singapore, China and Hong Kong. "ASX has also recommended further discussion and evaluation of new frameworks to enable more orderly and transparent on-market sell downs by founders," ...

Industry bodies call for delay to Payday Super

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... instituted to allow employers to receive education and support without immediate penalty for non-compliance, the groups recommended. In all, the collective supplied 22 recommendations to Treasury. One of the primary concerns is that the superannuation ...

Warren Buffett to retire, recommends successor

KARREN VERGARA  |  MONDAY, 5 MAY 2025
... lead the company. At the annual Berkshire Hathaway shareholder meeting, Buffett made the surprise announcement and recommended that Greg Abel take over his post. "I think the time has arrived where Greg should become the chief executive officer of the ...

Selfwealth shareholders resoundingly greenlight takeover proposal

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
... Bell's initial bid, before Syfe submitted the winning proposal. Prior to the vote, Selfwealth's board unanimously recommended that shareholders back the offer. Selfwealth chair Christine Christian explained no better proposal had emerged, nor was one ...