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Showing 1071 - 1080 of 5292 results for "customer"

ASIC takes 'ASX Wolf' to court

ELIZABETH MCARTHUR  |  TUESDAY, 14 DEC 2021
... prohibited from carrying on or promoting any financial services business in Australia and from receiving or soliciting customer funds in connection to providing recommendations or opinions on share purchases. "Financial advice must only be provided by ...

AustralianSuper sells to Dutch pension fund

JAMIE WILLIAMSON  |  FRIDAY, 10 DEC 2021
The nation's largest super fund offloaded a share of its interest in Ausgrid to the Netherlands' dominant pension provider. AustralianSuper sold 16.8% of its interest in the electricity distributor to APG Asset Management, the investment manager of ...

New head of product, trading for AUSIEX

CHLOE WALKER  |  FRIDAY, 10 DEC 2021
... Blewitt said. "Brett brings to AUSIEX a keen focus on optimising investment outcomes, driving product innovation, enhancing customer experience and ensuring business results. "I'm glad to have him join our leadership team and help us set the direction ...

ASIC sues ANZ in final civil RC case

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... These benefits included fee waivers and interest rate discounts. The conduct is believed to have impacted about 580,447 customer accounts, resulting in ANZ paying nearly $200 million to impacted customers in remediation. ANZ's Breakfree package ...

State Street, Vanguard complete world first blockchain trade

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
State Street Digital, Vanguard and Symbiont have completed the first live trade for foreign exchange forward contracts leveraging blockchain technology and smart contracts. The firms have jointly completed the margin calculation process for a live trade ...

ClearView uses new anti-money laundering technology

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
... while having complete ownership over its AML platform. Napier's solutions are designed to provide a holistic view of each customer so that compliance teams, with AI-assistance, should be more easily identify any activity that falls outside of typical ...

Avanteos faces criminal charges over deceased super members

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
superannuation members. Avanteos pleaded guilty to 18 criminal charges relating to failures to update defective disclosure statements and continuing to charge fees to deceased super fund members. At the time of the offending, Avanteos was a subsidiary ...

Charter Hall, GIC drop $335m on Canberra office building

CHLOE WALKER  |  TUESDAY, 7 DEC 2021
... investment fundamentals". "We are also pleased to advance our relationship with the Australian government as a major tenant customer, and further increase our exposure to Canberra's growing office market," Harrison added. CBRE's Michael Andrews, who ...

EG swoops in on Forza industrial assets

CHLOE WALKER  |  TUESDAY, 7 DEC 2021
Forza Capital has announced the sale of two east Melbourne industrial investments to EG Funds Management, for a combined price of $79 million. The large, strategic landholdings are located within the land-constrained eastern suburbs of Melbourne at ...

Australian crypto platform collapses

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
Australian crypto trading platform myCryptoWallet is in liquidation, with investor money trapped. Launched in 2017, myCryptoWallet marketed itself as "Australia's most advanced digital currency solution" with zero fees. On 3 December 2021, it was resolved ...