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Showing 10361 - 10370 of 28277 results for "NOT"

ASIC commences civil action against ANZ

KARREN VERGARA  |  MONDAY, 17 SEP 2018
ASIC has commenced civil penalty proceedings against ANZ for its involvement in an alleged criminal cartel relating to a $2.5 billion institutional share placement in August 2015. ASIC alleged ANZ failed to notify the ASX that $791 million of the $2.5 ...

Contrarian manager enters super sector

DARREN SNYDER  |  MONDAY, 17 SEP 2018
... contrarian, long-term and fundamental. To this point the chief operating officer adds the curated list of managed funds does not have all the newest entries in the market - but it does include a range of ETFs, LICs, term deposits, managed accounts and ...

University students to run hedge fund

KANIKA SOOD  |  MONDAY, 17 SEP 2018
... offices including investor relations." The fund will run as a public ancillary fund registered with the Australian Charities and Not-for-profits Commission (ACNC). It will be open to industry donations. Australian chapter has over 140 members, around ...

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
... this morning. AMP group executive wealth solutions and chief customer officer Paul Sainsbury told the Commission that AMP did not act fairly and reasonably with respect to the member who had to escalate the matter to the Superannuation Complaints Tribunal. ...

Chief economist update: China shares inclusion in MSCI is a blessing and a curse

BENJAMIN ONG  |  MONDAY, 17 SEP 2018
... successfully done so in previous routs. However, it could also be argued that more funds would have flowed out of China were it not for its inclusion in the benchmark. So far, China's economic growth (6.7% in the second quarter) remains above the ...

Hagger to depart NAB

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
... accountability for what has occurred on my watch, and accept that alongside successes were failures, including instances where we did not act with the pace required." "I leave NAB with confidence that we are creating a better bank." Hagger's departure ...

Dealer groups lift due diligence post Dover

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
... Ardino explains. JUST IN: ASIC takes Dover, McMaster to court That due diligence goes both ways too, with Ardino saying it is not unreasonable for an adviser to expect their licensee to be compliant. However, Dover has shown that advisers can get hurt ...

Suncorp charged super members incorrect fees

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... also says it will refund money to customers. "We are working to resolve these as a matter of priority and will, if we have not already done so, notify you if your account has been affected. If your account has been impacted, we will refund the money ...

WAM Capital commences LIC takeover bid

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... it will seek to appoint a majority of WAM nominees to WDE's board; may seek a de-listing; and acquire more shares. WAM has not yet decided whether it will acquire further WDE shares if it ends up with less than 50.1% but said its ability to affect the ...

Former Westpac adviser ban upheld

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... up and using limited recourse borrowing arrangements to fund the purchase of real property. ASIC was concerned Atkins did not investigate or consider whether the strategy of investing in property through an SMSF would outperform his clients' existing ...