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Showing 1 - 10 of 100+ results for "Yes"

Capstone drops jailed adviser

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final. Financial adviser and broker Mark Babbage ...

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
The Better Advice Bill is proposing several changes to the mandatory financial advice exam, including substantially increasing the cost of each sitting. The Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 exposure draft ...

Super funds don't vote together: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
The House of Representatives committee looking into common ownership of ASX companies has continued this week, with the super industry hitting back at suggestions that funds act in unison. Yesterday, Australian Council of Superannuation Investors (ACSI) ...

Adviser overwhelm explained

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... advisers. Anderson started his speech by asking, "Who is feeling overwhelmed by the level of regulatory reform? It's okay to say yes." "There are some people who are really feeling reform fatigue. There may be others who say, 'no, I'm fine'. If that's ...

Former Vocus chair charged with insider trading

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
A Uniti Group executive director and the former Vocus Group chair was charged with insider trading for dumping his Vocus shares after he knew an acquisition of the company was unlikely to go ahead. Following an ASIC investigation, Vaughan Bowen was ...

EISS Super chief executive exits

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
EISS Super chief executive Alex Hutchison has resigned, after the fund failed the performance test and during its planned merger with TWUSUPER. Hutchison resigned yesterday and requested it be effective immediately. EISS Super chief financial officer ...

Fund manager names new chief executive

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
Investors Mutual Limited welcomed a new chief executive who recently finished up at a global fund manager. In the newly created role of chief executive, Damon Hambly took the reins on August 1. He reports to the board of IML and is also a member of ...

ASIC to watch member shunting to untested super products

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... ASIC senior executive leader superannuation Jane Eccleston said recent regulation will help ASIC regulate such behavior. "Yes, so it is an issue that I think is a good one to talk about, and some of the regulatory reforms I think are really helpful in ...

APRA leaves door open for benchmark tweaks

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... but we also want to work with all participants in the industry to say 'well how can we measure this better?' "So, yes, we realise it's not perfect. It's going to be here as an annual thing. So, let's continue to revise." Financial ...

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
The two industry super funds have progressed their plans to merge, officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will ...
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