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Showing 1111 - 1120 of 6175 results for "Statement"

ASIC extends advice relief measure

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... ASIC is extending the relief measure that allows financial advisers to provide a Record of Advice (ROA) rather than a statement of advice (SOA) until October 15. The decision to extend the relief measure came after consulting with the industry, the corporate ...

Chief economist update: RBNZ keeps policy steady on unsteady outlook

BENJAMIN ONG  |  THURSDAY, 15 APR 2021
If in doubt, remain patient and do nothing. This is the gist of the Reserve Bank of New Zealand (RBNZ) policy statement following the conclusion of its April 14 monetary policy meeting. The RBNZ kept the official cash rate unchanged at 0.25% and maintained ...

EISS Super, TWUSUPER explore merger

KANIKA SOOD  |  TUESDAY, 13 APR 2021
... merger proceeds, the combined fund will have about 130,000 members and $12 billion in funds under management. In a joint statement, the two super funds said they will commence due diligence, and initial discussions have been "very positive". "We have ...

Alceon merges real estate unit

KARREN VERGARA  |  MONDAY, 12 APR 2021
... listed property and infrastructure capabilities. Alceon managing director Trevor Loewensohn and Atchison said in a joint statement: "We are very excited about the combination of our businesses. We have had an excellent working relationship for many years ...

Climate change worse than pandemic: UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
... required since 2019 to include their policies for investment stewardship and ESG, including climate change, in their statement of investment principles (SIPs). These SIPs must be published online one or before October 1 this year. "A core part of our ...

CBA to pay $7m for overcharged interest

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
... deliver on promises made to their customers," he said. ASIC first commenced proceedings in November 2020 and noted in its statement of claim the average amount customers were overcharged was about $1476.90 in relation to the CBA Simple Business Overdraft ...

Sunsuper, QSuper members ask for better climate disclosures

KANIKA SOOD  |  TUESDAY, 6 APR 2021
... the fund is being managed, including the management of financial risks." A QSuper spokesperson pointed to the December statement and said the fund had no further comment to add. The Sunsuper letter, which was sent to chief member officer Steven Travis ...

ASIC sues CBA over monthly fees

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... alleged contraventions have been formulated in the proceedings and therefore will defend the matter," the bank said in a statement. The bank received around 14,000 complaints from customers about the fees overcharging from June 2010 to May 2019 and first ...

Vanguard targeted in bond fund scam

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... fake Vanguard prospectus designed to convince victims to purchase non-existent investment products," Vanguard said in a statement. Previously Citi and IFM Investors had fake prospectuses of bond funds circulated in their names. The Australian Securities ...

LIC seeks options for performance woes

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
... with confidential discussions to maximise shareholder value, after first announcing the review in October. In a market statement, the board recognised that there is no guarantee that a proposal or transaction with a third party will eventuate. "It will ...