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Showing 1141 - 1150 of 5197 results for "SEEK"

ASIC welcomes second ASX market resilience consultation

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
ASIC has welcomed the latest ASX industry consultation on improving market resilience, following the exchange's outage in November 2020. The consultation paper covers potential future ASX capabilities to enhance market resilience, with submissions to ...

APRA reinforces capital call expectations

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
... markets (or limit reputational damage) would undermine the permanence and quality of capital that the Prudential Standards seek to maintain," Lonsdale said. He concluded by adding that, where the ADI or Insurer has satisfied APRA and replaces an instrument ...

Challenger launches new alternatives fund

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
Challenger has launched the Challenger Solutions Liquid Alternatives Balanced Fund, seeking to deliver positive absolute returns in excess of the cash rate, regardless of the market environment. The fund is managed by Challenger's newly formed Solutions ...

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... decision demonstrates, the penalties for engaging in this conduct are significant. ASIC will continue to take action and seek significant penalties where market and trading participants fail to comply." Commonwealth Bank acknowledged the decision, saying ...

ASIC sues BPS Financial over crypto claims

CASSANDRA BALDINI  |  TUESDAY, 25 OCT 2022
ASIC has commenced civil penalty proceedings in the Federal Court against BPS Financial (BPS). The regulator alleged BPS made false, misleading, or deceptive representations and engaged in unlicensed conduct in relation to a non-cash payment facility ...

Quantifying the value of a financial adviser

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
Russell Investments Value of an Adviser report says many investors are being pressured into sub-optimal investment decisions but having a financial adviser could add more than 4% to total portfolio value. So, even though advice fees have jumped 16% ...

4.3m Australians invest responsibly: Report

CASSANDRA BALDINI  |  MONDAY, 24 OCT 2022
... investing can lead to better long-term investment results, because it is an approach to allocating capital which tends to seek out and favour companies that have more sustainable business models, practices and products or services," Netwealth managing ...

Westlawn Financial Services cops stop orders

CHLOE WALKER  |  MONDAY, 24 OCT 2022
ASIC has placed an interim stop order on the distribution of Westlawn Financial Services' income fund, due to non-compliant target market determinations (TMDs). The interim stop order will restrict the Grafton-based firm from issuing interests in, giving ...

UniSuper appoints new head of advice

JAMIE WILLIAMSON  |  FRIDAY, 21 OCT 2022
... solution. "Financial advice is one of the most important investments an Australian can make in their future. Taking the time to seek advice today can transform your future. That's why UniSuper is such an exciting fund to be part of, with its advice offering ...

Advice fees jump 16% in FY22

CASSANDRA BALDINI  |  FRIDAY, 21 OCT 2022
Initial advice fees charged by financial advisers on a per advice document basis increased 16% in FY22 to $3315 from $2859 the previous year. According to the Padua Advice Fee Data Report, FY 2022 ongoing advice fees charged by advisers on a per advice ...