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Showing 1101 - 1110 of 3804 results for "APPEA"

MLC Life executive joins AFCA

HARRISON WORLEY  |  FRIDAY, 17 APR 2020
A member of MLC Life's leadership team has been appointed lead ombudsman for investments and advice at AFCA. A former industry super fund has also joined the body as lead ombudsman for superannuation. MLC Life Insurance chief of customer operation Natalie ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
The COVID-19 pandemic could lead emerging markets to lose the last decade in progress, as the world sinks deeper into a global recession far worse than the Global Financial Crisis. That's according to State Street Global Advisors head of global ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
QSuper has appealed against an AFCA decision favouring a member complaint seeking a refund on insurance premiums in the Federal Court. QSuper member Tommy Lam last year successfully complained to the Australian Financial Complaints Authority (AFCA) ...

Former Wallaby banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 APR 2020
Simon Poidevin has been banned from financial services for five years, with the Administrative Appeals Tribunal upholding ASIC's action. Poidevin was banned along with Damien Rodr following an investigation into trading in shares of DirectMoney ...

Trading volumes surge in ETFs

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
Trading volumes in ETFs grew exponentially in March, as funds under management declined in line with falling equity markets, according to BetaShares' March ETF review. According to the report, trading volumes were up more than 150% month on month. The ...

What's next for income-focused funds

KANIKA SOOD  |  THURSDAY, 9 APR 2020
As ASX-listed companies wind back dividends, income-focused equities funds will have to look harder for sources of income. Australian companies paid out about $55.5 billion in dividends last year, according to Janus Henderson. On average, between 1917 ...

ClearView promotes resilience

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
ClearView has moved to allay concerns over its future amid the COVID-19 pandemic, informing the market that its regulatory capital position "appears resilient" to a range of stress testing scenarios. ClearView is prepared to make a range of responses ...

Hostplus responds to PDS controversy

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
Hostplus has responded to a series of reports suggesting the fund does not have ample liquidity to handle the government's plan to allow people to access their super early and claims it updated its PDS in preparation for mass redemptions. As part of ...

Former financial adviser permanently banned

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
A former financial adviser is the first person to be permanently banned from having any involvement in financial services or credit businesses in Australia. ASIC has used its newly sharpened teeth to permanently ban former Adelaide financial adviser ...

Mayfair 101 accused of misleading advertising

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
ASIC is taking Mayfair 101 to court alleging that the investment manager misled consumers in its advertising. At issue is Mayfair's use of Google Ad Words and Bing Ads as well as claims Mayfair made that ASIC says were false, misleading or deceptive. ...