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Showing 1271 - 1280 of 3669 results for "DeFi"

ASIC cracks down on non-compliant AFSL

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
ASIC has slapped additional conditions on the AFSL of an advice practice operating on the New South Wales Central Coast. Surveillance by ASIC showed HNW Planning failed to adequately monitor and supervise its representatives. Its audit processes were ...

UniSuper awards fixed income mandate

KANIKA SOOD  |  FRIDAY, 18 JAN 2019
A Melbourne bond manager won a $180 million mandate from UniSuper as the super fund increased its allocation to fixed income. UniSuper appointed Jamieson Coote Bonds to manage about $180 million in Australian government bonds in November. The mandate ...

Corporates can help solve retirement issue: BlackRock

JAMIE WILLIAMSON  |  FRIDAY, 18 JAN 2019
Larry Fink has told chief executives they must embrace a greater responsibility to help employees navigate retirement, highlighting it as a key challenge to the world's future prosperity. In his annual letter to the chief executives of companies backed ...

ASIC suspends online broker AFSL

KARREN VERGARA  |  TUESDAY, 15 JAN 2019
ASIC has suspended the AFSL of an online stockbroking firm until 10 January 2020. Halifax Investment Services had its licence suspended shortly after it went into voluntary administration. ASIC said the terms of the suspension will allow Halifax clients ...

Budget surplus unlikely as economy stalls: Fitch

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
Economic slowdown and waning tax revenue is set to delay the Federal Government's 2019/20 financial year surplus, according to market analysts at Fitch Solutions. In December 2018, Treasurer Josh Frydenberg and Finance Minister Mathias Cormann announced ...

Equip wins $190m superannuation mandate

KARREN VERGARA  |  MONDAY, 14 JAN 2019
Equipsuper has won a $190 million corporate superannuation mandate that will welcome some Qantas Super fund members. Global air services provider dnata will move 1100 employees, some of which are under a defined benefit scheme, to Equipsuper. It follows ...

APRA, ASIC welcome Productivity Commission's superannuation report

HARRISON WORLEY  |  FRIDAY, 11 JAN 2019
The regulators overseeing financial services in Australia have welcomed the Productivity Commission's recommendations to grant them additional powers. After they were blasted in the Productivity Commission's final report into the efficiency and competitiveness ...

Engagement should be easier: Productivity Commission

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
The Productivity Commission's final report into the efficiency and competitiveness of superannuation blasted the system for making engagement harder for fund members. The Commission's final report took aim at the superannuation system and government ...

AFSL super options under the lens

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
The final report recommends ASIC should have greater oversight of the superannuation products sitting on the approved product lists of AFSLs. The Productivity Commission calls for all Australian Financial Services Licensees (AFSL) to "immediately" be ...

Regulators in Productivity Commission firing line

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
ASIC and APRA both scored scathing assessments in the Productivity Commission's superannuation report. The regulators sharing responsibility for the oversight of Australia's finance system copped a grilling in the Commission's final report ...