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Showing 1091 - 1100 of 14041 results for "Down"

Platinum names new chief executive, restructures board

KARREN VERGARA  |  MONDAY, 11 DEC 2023
... Peters will also take a spot on the board as managing director. Clifford, Elizabeth Norman, and Andrew Stannard will step down once Peters' start date is finalised. Clifford remains in the roles of co-chief investment officer and co-portfolio manager ...

ANZ fined $900k over shares disclosure failure

CHLOE WALKER  |  MONDAY, 11 DEC 2023
The Federal Court has slapped ANZ with a $900,000 fine for breaching its continuous disclosure laws about eight years ago. In October, the court found the banking giant had contravened continuous disclosure laws by failing to tell the market its underwriters ...

FSCP serves up registration prohibition order

KARREN VERGARA  |  MONDAY, 11 DEC 2023
... previously licensed with EP Financial Services. The panel found Anderson to be insolvent under administration and handed down the registration prohibition order as it was "satisfied that there is a real risk of harm being caused to the public's confidence ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... accessed. NGS was adamant its systems were only accessed for a short period. At the time, NGS Super said its network was shut down immediately and an investigation was commenced, alongside comprehensive cybersecurity protocols and enhanced network monitoring. ...

Women still underrepresented in asset management roles: FSC

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
... Gender Equality Agency's (WGEA) latest scorecard, which assessed 4.82 million employees, the remuneration gender gap trended down 1.1% year on year, the largest drop since it collated data in 2014. On paychecks, it means that for every $1 men earn in ...

QAR final response winds clock back, says FAAA

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... on reducing unnecessary processes, paperwork, and compliance steps. "Rather than fixing the red tape to get consumer costs down, the government appears to be handing back to institutions the right to hire minimally qualified salespeople, who call themselves ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
In its final decision of the year, the Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. The decision to hold spares borrowers a sixth interest rate rise in 2023, following a 25 basis point increase at its previous meeting in November. ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
... funds with opportunities to make significant investments in their products, services, and member experiences as well as drive down costs per member." It also highlighted the impact of regulatory change, pinpointing fund stapling. "These changes usually ...

Income investors to thrive in 2024: Report

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... historically considered 'low-risk' by textbook definitions, including the Morningstar Australia 10+ Yr Treasury Bond Index which is down -36.8% from 31 December 2020 to 15 November 2023," it said. The report also noted opportunities exist at the shorter ...

AMP adds to board

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... of its banking and wealth management ventures in Australia and New Zealand. Further, she thanked McKenzie, who will step down at the end of the month, concluding both her roles on the AMP and AMP Bank boards after three years of service. "I would like ...