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Showing 1001 - 1010 of 6718 results for "Securities"

Federal Court freezes investment scam, winds up SMSF operator

ANNABELLE DICKSON  |  TUESDAY, 27 OCT 2020
... scammer and ordered the winding up of two unlicensed financial services businesses, upon referral from the Australian Securities and Investments Commission (ASIC). The Federal Court has made orders to restrain Matthew Alan Beresford from continuing a ...

Boutique hires from MLC Asset Management

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... She has been tasked with developing further channel opportunities across Australian equities and Australian property securities. She will also work across global equities and global property securities via the partnerships with Morgan Stanley Investment ...

Societe Generale fined over client breaches

ANNABELLE DICKSON  |  WEDNESDAY, 21 OCT 2020
... charges were withdrawn from the client-segregated accounts. These breaches cost the bank a further $15,000. Pershing Securities Australia became the first to be criminally prosecuted in August over similar charges. Pershing was fined $15,000 for a breach ...

Invesco winds down fund

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
... a listed property fund for wholesale investors as it fails to achieve scale. The Invesco Wholesale Global Property Securities Fund - Hedged had $62 million in assets at September end via two share classes, started in 2001 and 2005. The closure comes ...

Cash no longer king

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... portfolios are broadly diversified," Tieu said. It comes as the BetaShares Australian High Interest Cash ETF (AAA) and ETF Securities Physical Gold (GOLD) were the top two ETFs receiving $166 million and $133 million respectively back in July. The BlackRock ...

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
... platforms, wraps and portfolio services; retirement savings accounts; superannuation; cash accounts and term deposits; securities and structured alternative investments. In an internal memo presented to staff on Thursday and obtained by Financial Standard ...

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
An investigation by the Australian Securities and Investments Commission has culminated in an arrest over a suspected investment scam. The 42-year-old Melbourne man was arrested following a joint investigation by ASIC and Victoria Police E-Crime Squad ...

ASIC reviewing risk advice, pushes for scaled advice

ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
The Australian Securities and Investments Commission is conducting a review of life insurance advice and plans to consult with the industry on scaled advice this year. Speaking at the Association of Financial Advisers Conference, ASIC senior executive ...

CBA executive pay voted in

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
Commonwealth Bank shareholders have voted for the adoption of the remuneration report and the grant of securities to the chief executive in the annual general meeting. In the annual general meeting, 78.54% of shareholders proxy voted in favour for the ...

DTCC launches advisory service

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
... derivatives services, and institutional trade processing businesses. It also focuses on complying with regulatory bodies Securities Financing Transactions Regulation (SFTR) and Central Securities Depositories Regulation (CSDR), as well as providing best ...