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Showing 1041 - 1050 of 4065 results for "Engage"

Perpetual rejects takeover bid by consortium

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... uncertain and conditional, and the Perpetual board believes that it is not in the best interests of its shareholders to engage on this offer and has therefore rejected the offer," Perpetual said. Perpetual oversees about $200 billion and is in the process ...

Financial adviser registration delayed

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
The government has said it will delay the financial adviser registration requirement until 1 July 2023. The Financial Sector Reform (Hayne Royal Commission response - Better Advice) Act 2021 introduced a central registration requirement for financial ...

Another ban for Sirius Financial

CHLOE WALKER  |  THURSDAY, 3 NOV 2022
ASIC has banned former responsible manager of over-the-counter derivatives provider Sirius Financial, Mark Bringans, for eight years. Bringan's banning follows an ASIC investigation into the firm, which agreed to wind down its retail and wholesale operations ...

Scientiam, DASH launch easy fund exit service

CASSANDRA BALDINI  |  WEDNESDAY, 2 NOV 2022
... options," Baker added. Scientiam explained, as client needs and circumstances change, the system is designed to push them to engage or reengage with their referring adviser for strategic personal advice. Baker concluded that research like the recent ...

ASIC welcomes second ASX market resilience consultation

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
... the resilience of the Australian equity market during outages. ASIC commissioner Danielle Press said: "ASIC continues to engage with market operators and participants as they implement steps to meet our expectations to improve the resilience of the Australian ...

Government enshrines new rule for Aussie Bitcoin owners

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
In the budget, the federal government introduced new rules for Bitcoin owners, clarifying that digital currencies are not taxed as foreign currency. The government said it will introduce legislation to clarify that digital currencies (such as Bitcoin) ...

FPSB names new leader

CHLOE WALKER  |  FRIDAY, 28 OCT 2022
Former Financial Planning Association of Australia chief Dante De Gori has been named as the new head of the global Financial Planning Standards Board. The appointment is effective in January, following the departure of current chief executive Noel ...

ASIC finds shortcomings in wholesale market practices

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... information that is communicated to others has a reasonable basis," ASIC said. This is because, there's a risk that commentators engage in misleading or deceptive conduct to influence the market to their benefit. As such, ASIC prescribed that participants ...

ASIC sues BPS Financial over crypto claims

CASSANDRA BALDINI  |  TUESDAY, 25 OCT 2022
ASIC has commenced civil penalty proceedings in the Federal Court against BPS Financial (BPS). The regulator alleged BPS made false, misleading, or deceptive representations and engaged in unlicensed conduct in relation to a non-cash payment facility ...

Quantifying the value of a financial adviser

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
Russell Investments Value of an Adviser report says many investors are being pressured into sub-optimal investment decisions but having a financial adviser could add more than 4% to total portfolio value. So, even though advice fees have jumped 16% ...