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Showing 1291 - 1300 of 4169 results for "Action"

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... proceedings against brokerage firm Union Standard International Group and its affiliates. The corporate regulator has taken action against the Sydney-based retail over-the-counter derivatives issuer and its former corporate authorised representatives ...

IPO Wealth trustee hit with class action

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
Slater and Gordon issued the embattled IPO Wealth Fund with a class action late last week. The firm will represent unitholders in the IPO Wealth Fund, which is currently being wound up by trustee Vasco Trustees after the Victorian Supreme Court ordered ...

COVID-19 lockdown swells financial stress

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... "Encouragingly, the research also shows that many Australians have used the stress caused by COVID as a motivator to take action to review their financial circumstances, put goals in place and make plans for the future," Owen said. "We know these actions ...

ASIC explores value for money in default group insurance

ELIZABETH MCARTHUR  |  MONDAY, 14 DEC 2020
... outcomes and assess whether needs are being met. Where low-value outcomes may be emerging, ASIC wants to see trustees take action to meet members' needs and deliver better value for money.

Design, distribution obligations guide released

KARREN VERGARA  |  FRIDAY, 11 DEC 2020
... boundaries to suit their business, products and customers. "If they stay within these boundaries this will mean less enforcement action from ASIC and the opportunity for deregulatory initiatives over time," Chester said. She added that the new obligations ...

US regulator, states sue Facebook

JAMIE WILLIAMSON  |  THURSDAY, 10 DEC 2020
... through a years-long course of anti-competitive conduct". Alabama, Georgia, South Carolina and South Dakota did not join the action. Guam and the District of Columbia did. Namely, the lawsuits call for the sale of Instagram and WhatsApp which Facebook ...

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
The damning report into Rio Tinto's destruction of the Juukan Gorge sacred sites has recommended mining companies completely change the way they do business, with super funds invested in miners already welcoming the findings. On 24 May 2020, Rio Tinto ...

The real cost of a bad chief executive: AICD, ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
... found. Where there is an issue with the company's culture or a chief executive's leadership, the board is obliged to take action. And, while removing the chief executive is ordinarily an action of last resort, the report noted it is an important board ...

Link unsatisfied with new offer, allows due diligence

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... its shareholders. "There can be no certainty that such a proposal will eventuate and shareholders do not need to take any action in relation to the SS&C proposal," Link said. On October 28, Link rejected the offer made by the consortium led by Pacific ...

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... consider SS&C's proposal and obtain advice from its financial and legal advisers. "Shareholders do not need to take any action in relation to the SS&C Proposal. It should be noted that there is no certainty that the discussions with SS&C will result ...