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Showing 1191 - 1200 of 4101 results for "Conduct"

Former advisers face huge fines

ELIZABETH MCARTHUR  |  FRIDAY, 6 NOV 2020
... on 29 January 2021. Meanwhile, former financial adviser Mark Kawecki has been convicted and fined $30,000 for dishonest conduct in Melbourne. ASIC alleged that Kawecki cooked the books on a number of IPOs, making applications for shares which contained ...

BAS agents to expand service offering

ANNABELLE DICKSON  |  FRIDAY, 6 NOV 2020
... to offer relating to the superannuation guarantee and SGC," he said. "BAS agents are bound by the Code of Professional Conduct and must not provide the services if they do not have the requisite skills and competency."

More good news for Xplore

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
After HUB24 announced its plans to acquire Xplore Wealth last week, the platform has had a pleasant $1.18 million windfall. Xplore has previously notified the market that AusIndustry had disallowed a $1.18 million research and development claim. The ...

Rest climate case dismissed

ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
The Federal Court case brought by Mark McVeigh against the $57 billion industry super fund has been dismissed. The case was scheduled to be heard today but Justice Perram ordered that by consent the case was to be dismissed. McVeigh and Rest have been ...

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
... change, which has included refreshing the board and management and elevating oversight of financial crime, compliance and conduct." As flagged last week, impairment charges increased four times from the previous year to $3.1 billion with $440 million ...

Public servants caught in SG bungle

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
A government agency has botched superannuation benefit payments spanning a decade, affecting more than 56,000 employees who are owed tens and millions of dollars. The Northern Territory government owes about $39.5 million in superannuation contributions ...

NZ looks to recognise qualified Aussie advisers

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
... to recognise Australian advisers who demonstrate competence, knowledge and skills according to its Code of Professional Conduct for Financial Advice Services. Some Australian qualifications are equivalent to, or exceed, the standards of competence, knowledge ...

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
HUB24 announced a series of significant transactions, including plans to acquire Xplore Wealth and the sale of its financial advice business. Paying $60 million for Xplore, the platform provider said the proposed acquisition through a scheme of arrangement ...

DDO top of ASIC's agenda

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
... and distribute their financial products," Hughes said. "The obligations should reduce harms seen from past misselling conduct and poor product design, including those identified during the Royal Commission." Hughes said the obligations embed a "consumer-centric" ...

Ninety One wins equity mandate

KARREN VERGARA  |  MONDAY, 26 OCT 2020
A $42 billion superannuation fund has awarded a mandate that targets Chinese equities to the newly rebranded Ninety One. State Super has allocated the mandate to Ninety One's 4Factor All China Equity strategy. Ninety One manages $205 billion with ...