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|The House Economics Committee scrutinised ASIC over its SMSF fact sheet in a public hearing reviewing the 2019 ASIC Annual Report. ASIC's SMSF Fact Sheet published last year outlined that the average cost of running an SMSF is $13,900 per year. Earlier ...|
|... AMP chief executive Francesco De Ferrari was questioned, with some hostility, by the House of Representative Standing Committee on Economics . Labor MP Andrew Leigh noted during the committee hearing that AMP's share price had slid dramatically since ...|
|... JobKeeper schemes, according to the Australian Competition & Consumer Commission. ACCC chair Rod Simms told the joint committee on COVID-19 criminal activity and law enforcement that over 60% of COVID-19 scams are phishing scams aimed at collecting identity ...|
|... group now employing 70 staff across both Sydney and Melbourne. In the new role, Fryer will join Zenith's management committee and will focus on various integration initiatives to help align the two businesses. He will retain his current research and ...|
|... Adams retires after 16 years of service to the plan. "Tom applied his vast knowledge and experience as a director, committee chairman and chairman of the plan board. His contributions to the plan were in addition to his 35-year career with Alcoa and ...|
|... issues that have emerged in the last few months, specifically AMP's lack of gender diversity on its board and management committee and its decision to appoint an executive with a verbal sexual harassment record to lead AMP Capital. Head of Nucleus Wealth ...|
|... taking a stake in it in February 2019. She has now joined Conscious Investment Management's investment advisory committee, alongside Kate Temby who previously worked as Goldman Sachs Asset Management's Australia Pacific institutional sales and ...|
|... regulatory definitions before it can proceed. In a written response submitted to the House of Representatives Standing Committee on Economics, the MLC Super trustee said it needs regulators to differentiate advice offerings. "NULIS recognises that phone-based ...|
|... Financial Services Council has appointed four new board members, and announced the establishment of a fund management committee to drive strategic policy direction in the Australian funds management landscape. BlackRock Asset Management head of Australasia ...|
|... activity they may have conducted or information they may have accessed and will share more as we have it." The US Senate Committee on Commerce has requested Twitter brief the committee on the issue no later than July 23, with committee chair Senator ...|
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There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
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BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
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The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
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Chi-X TraCRs and funds will now be offered on a $1.9 billion privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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