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Showing 1071 - 1080 of 4753 results for "July 2009"

Forex CT cops $20 million fine

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
The Federal Court has handed down a $20 million penalty to Forex Capital Trading for engaging in a system of unconscionable conduct, including the use of high-pressure sales tactics, conflicted remuneration and failing to act in the best interests of ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
Except to reinforce its message that interest rates will remain at record lows "until 2024 at the earliest", the Reserve Bank of Australia's (RBA) June board meeting was largely a ho-hum affair. As expected, the RBA left monetary policy settings ...

NZ Super bolsters leadership

ELIZABETH MCARTHUR  |  TUESDAY, 1 JUN 2021
NZ Super has announced a new general manager, portfolio completion to oversee the implementation of its reference portfolio. The Guardians of New Zealand Superannuation, the entity which manages the NZ $57 billion fund, promoted George Crosby to the ...

Family law super reforms released

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
The government has released the long-awaited exposure draft legislation intended to prevent individuals from hiding superannuation assets in family law proceedings. The exposure draft legislation will use information held by the Australian Taxation ...

UBS AM wholesale client coverage lead departs

KARREN VERGARA  |  MONDAY, 31 MAY 2021
UBS Asset Management Australia's head of wholesale client coverage has left the firm after nearly four years in the role. Ben Williams joined UBS AM in August 2017, tasked with managing relationships with aligned and independent financial advisers. ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
Australia's state of Victoria is back in lockdown. So are Victorians' irritation and anger at having their lives and livelihood restricted for the fourth time since the coronavirus began early last year. So are estimates of the cost to the state ...

Potential small carve out for annual renewal law

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
ASIC will potentially provide leeway in the imminent annual renewal law, by not taking regulatory action against financial advisers who fail to provide a financial disclosure statement. The Association of Financial Advisers (AFA) has identified practicality ...

ASX deputy chief executive resigns

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
The ASX's deputy chief executive Peter Hiom has resigned after 11 years in the role and 23 years with the company. Hiom was also the group executive of business development.His last day with the ASX will be July 1. He is leaving to join fintech ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
Australia's economy, just like its US and European counterparts, is progressing nicely, thank you very much. "Australian private sector growth eases from record but remains elevated," sums up Markit Economics' findings for the month of May. ...

Local Government Super rebrands, reduces fees

JAMIE WILLIAMSON  |  TUESDAY, 25 MAY 2021
As part of a broader strategy to grow the fund, Local Government Super has adopted a new name and cut some of its fees. Effective today, LGS will be known as Active Super; a name that "captures our long-standing active pursuit of investments that deliver ...