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

Search Results

Showing 1231 - 1240 of 7033 results for "December"

CBA completes review, sued by FWO

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... failed to undertake reconciliations which led to staff being paid less than their entitlements between October 2015 and December 2020. The maximum penalties for CBA and CommSec are up to $666,000 per breach for each company. For all other contraventions ...

ASIC commences proceedings against Diversa

ELIZABETH MCARTHUR  |  MONDAY, 11 OCT 2021
... OneSuper - among other funds. ASIC has commenced civil proceedings against Diversa, alleging that between March 2019 and December 2020 it was aware that ASIC was investigating a business run by financial adviser Nizi Bhandari for contraventions of the ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... stagflation. he first episode came in the mid-1970s. US CPI inflation surged from a low of 2.95% in August 1972 to 12.1% by December 1974 while the US economy stagnated, with annual GDP growth collapsing from 7.6% in 1973 to negative 2.3% by 1975. The ...

Stewart Investors launches fund, drops fees

JAMIE WILLIAMSON  |  FRIDAY, 8 OCT 2021
... manager said the reduction is made possible by years of strong performance, reporting positive year-on-year returns since December 2013. Clients can now share in the proceeds of the fund's growth, lead portfolio manager Sashi Reddy said. "We want ...

Leadership changes at Vanguard Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 OCT 2021
... Asia Pacific, and a member of the Australian executive team. The transition of roles is expected to be complete by mid-December. Reyes will be relocating back to Vanguard's headquarters in Pennsylvania to take up the role of global head of investment ...

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... positive ratings than the demand-side model," the research reads. ASIC first engaged Deloitte to conduct the research in December 2019 but was delayed due to COVID-19 and its impact on the funds management industry last year.

ASIC clarifies adviser exam obligations

KARREN VERGARA  |  THURSDAY, 23 SEP 2021
... 1 May 2021, ceases on the Financial Advisers Register to be a relevant provider voluntarily from 1 May 2021. From 31 December 2021, this advisers is deemed as an existing provider, but not a relevant provider and does not need to have passed the exam ...

Ord Minnett names head of equities

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
A former Goldman Sachs executive will join Ord Minnett as head of equities in December. Angus Esslemont was an executive director at Goldman Sachs, leading the emerging company sales unit for nearly four years. Prior to that, he worked in small cap ...

ME Bank faces criminal charges

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... payment to made after the interest only period expired. A further 18 charges relate to ASIC allegations that, between December 2016 and February 2018, ME Bank failed to give written notice to home loan customers that their annual interest rates and minimum ...

Former Vocus chair charged with insider trading

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... imprisonment. The matter has been listed for a committal mention hearing in the Magistrates' Court of Victoria at Melbourne on December 7.