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Showing 41 - 50 of 3453 results for "August"

Pendal manager joins Barings

ELIZABETH FRY  |  MONDAY, 4 DEC 2023
... Commonwealth Bank as a product manager for business clients. Her appointment follows the hiring of Aaron Thirukumar in August. The Dimensional Fund Advisers' regional director joined Barings to run institutional sales. Both Cowley and Thirukumar ...

'Should have known better': AAT tells auditor

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2023
... for auditing her own husband's SMSF has seen her disqualification upheld by the Administrative Appeals Tribunal (AAT). In August 2022, Janette Townshend was found to have breached independence requirements by auditing a fund where her spouse was a member ...

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... Diversa Trustees, Vanguard Investments Australia, and Active Super have recently engaged in greenwashing practices. In August, ASIC filed a suit against Active Super for, among other issues, allegedly investing in Russian assets after the invasion of ...

ASIC forced to pay James Mawhinney's legal costs

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2023
... Mawhinney in "significantly greater jeopardy." ASIC must now pay all costs incurred by Mawhinney between 30 May 2023 and 31 August 2023. Mayfair 101 described this outcome as "a significant step forward" in ensuring its clients are made whole. About ...

Perth Mint enters voluntary enforceable undertaking

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
... AUSTRAC to improve compliance with Australia's anti-money laundering and counter-terrorism financing (AML/CTF) laws. In August, the financial crimes regulator ordered the appointment of an external auditor to Gold Corporation, which trades as The ...

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... time. Wealthfront's close rival Betterment had over US$40 billion ($61bn) in AUM and some 800,000 investors at the end of August. Also a major player in the automated investing space, Vanguard's Personal Advisor Services, a hybrid human and digital ...

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... fund merger ART has completed this year, with the first being that of Woolworths and Endeavour Group's offerings in August. "At Australian Retirement Trust, our vision is to be Australia's most chosen and trusted retirement partner, and our recent ...

Settlement approved in AMP shareholder class action

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... Commission. An amended statement of claim was filed on 7 December 2021 by Maurice Blackburn and the case was to be heard in August, but AMP agreed to the settlement ahead of its commencement. There are 18,702 group members in the action, comprising AMP ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... specific ESG criteria. Separately, ASIC initiated civil penalty proceedings in the Federal Court against Active Super in August, accusing the super fund of misleading its members by investing in sectors it purportedly restricted, due to their environmental ...

HUB24 unveils new offering for lower balance clients

CHLOE WALKER  |  WEDNESDAY, 15 NOV 2023
... meet their desired investment goals." Discover is the second new offering delivered by HUB24 to advisers this year. In August, it added new data feeds and automation capabilities to its platform, enabling financial advisers to report on clients' ...