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Showing 991 - 1000 of 8715 results for "Regulator"

ASIC crackdown: Action taken against 13 SMSF auditors

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
... into a suspension after the original disqualification decision was varied upon their request for reconsideration. The regulator also imposed additional conditions on four SMSF auditors and cancelled the registration of one. All SMSF auditors were referred ...

Fund manager splashes $240m on AZ NGA

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
A global investment manager has injected $240 million in AZ Next Generation Advisory (AZ NGA) and will become its largest shareholder. Oaktree Capital Management will help AZ NGA further expand its reach as its growth and succession partner, taking ...

Praemium unveils Spectrum for HNWs

MATTHEW WAI  |  TUESDAY, 1 OCT 2024
Financial advisers now have access to a suite of solutions specifically tailored to high-net-worth (HNW) clients, known as Praemium Spectrum. Users can access a range of comprehensive assets, tools, and capabilities to better facilitate holistic wealth ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
While most superannuation funds opine that retirement calculators are key to helping members, research from Super Consumers Australia (SCA) has found they often fail to produce reasonable results. The consumer advocate reviewed the country's largest ...

Regulators to clamp down harder on greenwashing

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
Regulators are zeroing in on anti-greenwashing measures in the asset management sector, as well as tighter regulations on artificial intelligence (AI) and digital technology, according to a KPMG report. The report said that stopping companies from making ...

GQG breaches SEC whistleblower protection laws

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
... them from disclosing confidential information about GQG, particularly to government agencies. Such arrangements, the regulator said, made it more difficult for them to report potential securities law violations to the SEC. The NDAs in question were drawn ...

ACCC approves Lendlease, Stockland property deal

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
... undeveloped land - across Greater Sydney, South East Queensland, Greater Melbourne and Greater Perth. The competition regulator raised concerns in July that the deal could affect the supply of residential masterplanned community housing in Illawarra ...

Platinum quashes Regal bid

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
Platinum Asset Management has rejected alternatives investment manager Regal Partners' takeover bid. Platinum's board unanimously decided that Regal's offer undervalued the company and wasn't in the best interests of shareholders. "The board of Platinum ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024
... responsibilities to its clients seriously. "Vanguard has cooperated with ASIC throughout this matter since informing the regulator of the issue and its approach to rectification in 2021. There were no findings of financial loss to investors," the group ...

ASIC extends two advice instruments

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... reportable situations relief and personal advice record keeping requirement instruments for another five years. The regulator has established ASIC Corporations and Credit (Breach Reporting-Reportable Situations) Instrument 2024/620 and ASIC Corporations ...