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Showing 1171 - 1180 of 6210 results for "SIX"

Macquarie Securities slapped with $126k fine

KARREN VERGARA  |  TUESDAY, 18 MAY 2021
... Australia (MSA) has copped a $126,000 fine for breaching market integrity rules, making this its fifth infringement in the last six years. The Markets Disciplinary Panel (MDP) found that MSA failed to follow a client's instruction with respect to ...

Boutique firm expands team

ANNABELLE DICKSON  |  TUESDAY, 18 MAY 2021
... planning and investment advisory at PwC. King joins from ipac Securities where he was a private client adviser for the last six years. Prior to this King was a director and senior financial planner at both Prosperitus and Ecential Financial and was also ...

Investment Leadership Awards finalists named

JAMIE WILLIAMSON  |  MONDAY, 17 MAY 2021
... showcasing the qualities investors seek in an investment manager, determined by a quantitative methodology that equally weights six-year performance factors with five key risk measures; the Sharpe ratio, Sortino ratio, Omega ratio, standard deviation ...

Jarden gets market participant licence

KANIKA SOOD  |  FRIDAY, 14 MAY 2021
... direct trades are being executed today is a testament to the skills of our team, who have worked tirelessly over the past six months to meet all the strict regulatory requirements relating to the ASX and Chi-X admission about governance, policies, procedures ...

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... default provider scheme aimed at slashing fees and improving returns, the number of default providers has been cut from nine to six. This resulted in AMP, ANZ and ASB being cut. Bank of New Zealand, Booster, BT Funds Management, Kiwi Wealth, Simplicity ...

APRA extends IDII overhaul deadline

KARREN VERGARA  |  THURSDAY, 13 MAY 2021
... new measures. One of the measures involve ensuring benefits do not exceed 90% of earnings at time of the claim for the first six months of the claim and do not exceed 70% of earnings thereafter. Also from 1 October 2021, new IDII contract terms must ...

Savills IM appoints local team, launches fund

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
... Australia and will oversee the new Savills IM Asia Pacific Income and Growth Fund (APACIG). Lapham left BlackRock last year after six years and has been working in private equity with Savills IM since, based in Hong Kong. He will be supported by Guy ...

Digital fact-find gains momentum

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
A new digital fact-finding solution, which is saving financial advisers nearly six hours per client, has snapped up partnerships with Centrepoint Alliance and other mid-tier licensees. Advice Revolution, founded by former advisers Adrian Patty and Shaun ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... 2020/21 budget. "With more Australians back at work, this year's deficit is $52.7 billion lower than was expected just over six months ago in last year's budget," Frydenberg said. The government expects the cash balance to improve to a deficit ...

ASIC cracks down on investment guru

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... it was authorised to. ASIC is allowed to cancel a credit licence if the licensee has not engaged in credit activities for six months, under new legislation effective from 18 February 2020. Master Wealth Control has had a credit licence since 2011 but ...