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Showing 91 - 100 of 311 results for "Urging"

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
In a public statement this week, the Australian Securities and Investment Commission ( ASIC) has issued a warning urging self-managed super funds (SMSFs) to consider the risks of cryptocurrency investments. The corporate regulator said that it had noticed ...

HUB24, Class alter acquisition terms

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... independent expert is currently reviewing the scheme and is due to release the report on or around December 15. Class' board is urging all its shareholders vote in favour of the scheme in the absence of any superior proposal. "Each Class director intends ...

Takeovers Panel weighs in on WAM takeover

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... Asset Management and PM Capital over a takeover bid for a LIC heats up as the Takeovers Panel weighs in. PM Capital is urging shareholders to allow its PM Capital Global Opportunities Fund (PGF) to take over the PM Capital Asian Opportunities Fund (PAF). ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
... lastly, the Victorian Independent Schools Superannuation Fund's MySuper product. While it's still early days, APRA is urging workers to reassess their super arrangements as soon as possible. "The trustees of APRA-regulated superannuation funds have ...

PM Capital forges ahead with LIC merger

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
PM Capital is urging shareholders to allow its PM Capital Global Opportunities Fund (PGF) to take over the PM Capital Asian Opportunities Fund (PAF). This follows a Federal Court order that states PAF should convene and hold a meeting with its shareholders ...

Governments must act on net zero: Morningstar

ANNABELLE DICKSON  |  WEDNESDAY, 3 NOV 2021
... managers that have made public net zero pledges and are calling on governments to act on net zero. The asset managers are urging governments to provide a meaningful price on carbon, requiring mandatory TCFD reporting, removing fossil fuel subsidies and ...

APRA to mandate independent certifications

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... the reverse evidential burden of proof, recently implemented as part of the government's Your Future, Your Super reforms, urging RSEs to maintain sound insurance management frameworks, and robust decision-making in the negotiation and ongoing review ...

ASIC prepares advisers for DDO

KARREN VERGARA  |  FRIDAY, 17 SEP 2021
ASIC is urging financial advisers to be well prepared for the new Design and Distribution Obligations regime, warning that there should be no surprises when it kicks into gear on October 5. The corporate regulator said it will take a "reasonable approach" ...

Unlicensed crypto platforms robbing investors

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... platform outages or unfair liquidations. Many of these investors are also falling into excessive leverage. ASIC is not only urging investors to be wary of investing in such crypto-assets but also to check whether the platform is licensed with and AFSL ...

Clime ousts Schafer

KARREN VERGARA  |  MONDAY, 9 AUG 2021
... the EGM, Schafer wrote to shareholders that he was "shocked for a number of reasons" after receiving Chalmers' letter urging him to exit. "I have served diligently as an independent director on the board since 1 January 2011. During this period ...