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Showing 1181 - 1190 of 3402 results for "Response"

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
The government's move to extend the ban on conflicted remuneration to listed investment companies and trusts is expected to provide financial advisers with some much needed certainty. Following Treasury consultation, the government made the decision ...

Switching prompts fund to alter allocations

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
Qantas Super has altered asset allocations across all its investment options in response to COVID-19, market volatility and a high number of members switching options. The $8.5 billion corporate superannuation fund said that the changes would improve ...

Fund pulls mandate, alters pandemic definition

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... AMP Capital will no longer manage QSuper's socially responsible investment option as of 1 July 2020. "This change is in response to our members' requests for a more holistic socially responsible investment option that targets a positive impact on certain ...

Saxo Markets launches investment loyalty scheme

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
... client base. "Investors and traders in Australia are generally tech savvy and sophisticated, so Saxo Rewards is really a response to the evolving preferences of our client base and a desire to reward them for their commitment to us," he said. "We are ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... Through this lens, Alankar argues a short-lived bounce in stock prices isn't unheard of. "In late 2008, equities rallied in response to the Federal Reserve's (Fed) first round of quantitative easing and other programs aimed at supporting the economy," ...

ASIC revokes AFSL suspension, cancels another

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
... suspended Ausfunds' AFSL because it had breached its licence by failing to maintain sufficient financial resources. "In response to the suspension order, Ausfunds raised sufficient funds to rectify its net tangible assets deficiency," ASIC said. "In ...

Currency-hedged ETFs gather pace

KANIKA SOOD  |  MONDAY, 18 MAY 2020
... appreciating from US61.4c to US65.7c over the month," BetaShares said. "For example, investors who turned to gold in response to sharemarket volatility benefitted from the metal's strong rally - with the currency-hedged BetaShares Gold ETF (ASX ...

Westpac admits to failures

ELIZABETH MCARTHUR  |  MONDAY, 18 MAY 2020
... "Westpac accepts the gravity of the issues raised by the AUSTRAC claim and has made a large number of admissions in its response to the Statement of Claim," the bank said in a statement. The defence filed makes a series of admissions of failures. These ...

FASEA blame game on in earnest

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... the Senate. "Labor's last minute changes forced the government to instead list it for debate behind urgent COVID-19 response legislation which was due to be considered by the Senate," Hume explained. However Labor saw it differently, and said the ...

KKR company cut doctors pay during pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... reply to the enquiry. "When we asked KKR to require that Envision not alter physician benefits or pay, this demanded a response from your firm," Porter and Warren said. The politicians said Envision responded to earlier enquiries by informing them that ...