Search Results | Showing 91 - 100 of 460 results for "Deem" |
| | | Openmarkets Australia has paid a $4.5 million penalty, the largest sanction ever imposed by an ASIC Market Disciplinary Panel, after contravening market integrity rules. An ASIC investigation was triggered by a series of transgressions, most notably ... |
| | | | ASIC has permanently banned David Sutton from providing any financial services and disqualified him from managing corporations for five years. The regulator also cancelled the Australian financial services licence (AFSL) of McFaddens Securities, now ... |
| | | | Super funds are not doing enough to address duplicate member accounts, with an ASIC review forcing some trustees to remediate members. Under the Superannuation Industry (Supervision) Act 1993, super trustees must have processes in place to tackle multiple ... |
| | | | Financial advisers from large aligned AFSL groups bear the brunt of complaints, according to the Australian Financial Complaints Authority's data, with several AMP and Insignia Financial practices leading the pack. Modelling of the AFCA data shows ... |
| | | | Advance Asset Management funds will no longer be available to direct retail investors following a rather significant change to the eligibility criteria for investment. Currently, Advance AM funds have a minimum investment of $5000 and are available ... |
| | | | Santos has admitted that its retired offshore oil and gas field Legendre has been leaking gas for a decade, throwing into doubt investor abilities to meet net zero plans. Methane gas - a greenhouse gas 25 times more powerful than carbon dioxide - has ... |
| | | | ... reasons why SMSFs reject advisers comes down to self-confidence - believing they can manage the investments on their own. Many deem themselves as competent and therefore financially literate. While others said they still don't fully trust advisers ... |
| | | | ... delivered (including the hike in May) is yet to feed through to the economy; and, having hiked in early May the board may deem that a bit more information may be needed before it would move again," Bloxham said. "A hike in June could be motivated by ... |
| | | | The fraudster who purported to be a financial adviser to scam upwards of $23 million out of family and friends is likely dead, the inquest has found. That was the key finding delivered by the NSW Coroner yesterday, though the nature of her demise could ... |
| | | | Only two years on from its creation, the government is cutting the Financial Regulator Assessment Authority's funding, in a move that will see it only review the activities of ASIC and APRA every five years. The Authority, which commenced 1 July 2021 ... |
|