Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1121 - 1130 of 6958 results for "March"

Crypto ETF breaks trading record

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
... of listing. CRYP recorded $39.7 million worth of trades on November 4, smashing the previous record of $8 million set in March 2021. The fund opened at $11.25 per unit and closed at $11.19 at the end of the day. With 400,000 on issues, net assets currently ...

E&P Financial Group hit with class action

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... mid-2019 amid the controversy surrounding URF, which saw its performance tank and at one point returned -76.1% in the year to March 2020. The firm changed its name from Evans Dixon to E&P Financial Group following Dixon's exit. URF traded as high ...

Equip, corporate fund merger complete

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
... this merger follows that of Equip with Toyota Super in May. The two SFTs were announced within a week of each other back in March. At the time, BOC Super had $680 million in FUM. "We're well positioned for growth, and very much open for business. This ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... firing line for providing bad financial advice, following an investigation by ASIC. ASIC alleges that between October 2017 to March 2019 the advice was provided by authorised representatives promoting the Ultiqa Lifestyle Scheme did not meet consumers' ...

CFS joins firms in net zero alignment

ANNABELLE DICKSON  |  THURSDAY, 28 OCT 2021
... joined as a signatory to the industry-led, United Nations-convened Net-Zero Banking Alliance. Goldman Sachs announced in March it is aligning its financing activities with a net zero pathway by 2050 and will set interim targets by the end of 2021 with ...

BOQ divests St Andrew's Insurance

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
... sales practices. Select terminated its agreement to distribute and promote St Andrew's funeral insurance products on 19 March 2018. During that period, St Andrew's made a voluntary disclosure to ASIC about Select potentially mis-selling funeral insurance. ...

Westpac director stands down

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... recently appointed Catherine McGrath to lead its New Zealand business following its commitment to retain the division. In March, the bank flagged that it was in early stages of reviewing Westpac New Zealand as regulatory requirements in New Zealand became ...

Ex-Pengana staff launch boutique

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
... investment officer Jordan Cvetanovski and managing director Steven Glass have set up shop following their surprise exodus in March. Former Pengana executive director of business strategy and distribution Joy Yacoub left in May and has become Pella's ...

Former Dover adviser banned

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... authorised representative of Wealth & Risk Management from 22 July 2015 to 4 May 2016 and Dover Financial Advisers from March 6 to 23 October 2017. ASIC found that Sherwal misunderstood the best interests duty requirements and could not follow proper ...

Lakehouse Capital co-founder to depart

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... investment firm is bidding farewell to its chief investment officer and co-founder. Joe Magyer will return to the US in March 2022 after nine years in Australia in order to be closer to his family. He first came to Australia as portfolio manager for ...