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Showing 1321 - 1330 of 3712 results for "Order"

Former AMP adviser pleads guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAY 2019
... investigation by ASIC found Martin dishonestly obtained about $208,000 from clients between June 2011 and April 2015. In order to do so, ASIC said Martin advised clients of investment opportunities and then he would invest the funds on their behalf once ...

Lonsec to acquire in-house managed account offerings

HARRISON WORLEY  |  TUESDAY, 7 MAY 2019
... chief executive Charlie Haynes said. "An outsourced managed account solution is becoming increasingly popular, not just in order to reduce conflicts but to allow advisers to focus on their clients' needs and aspirations while leaving the investment process ...

IOOF breaches APRA licence conditions

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
... maintenance." The prudential regulator said it informed the three entities it is considering to issue direction to comply order. The completion date for the implementation and maintenance of the OST would be no later than the end of June 2019. IOOF said ...

New fund administrator enters Australian market

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... Australia for software that can provide unit pricing, fund administration, automated cash allocation, rebalancing, trade order management and oversight. It said the Australian market is ripe for disruption from technology companies, because unit pricing ...

US relaxes active ETF disclosures

KANIKA SOOD  |  TUESDAY, 16 APR 2019
... the funds' prices would track their holdings. But now, it will now approve the proposal unless its commissioners decide to order a hearing. As a result, active ETFs in the US will still have to disclose daily holdings, but only to a new subset of professional ...

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
... there's something there to do around that. We've got a brand new PDS that's coming out, we've got a new order of priority in terms of the quote that an adviser will go through," Lowe said. Discussion also centered on the optimal age to ...

ASIC delays choice product dashboards

KARREN VERGARA  |  THURSDAY, 11 APR 2019
... superannuation funds with more than five members must disclose dashboards for MySuper products only. ASIC has amended Class Order CO 14/443 to defer choice super product providers' obligations until 1 July 2023. "This will allow further consideration ...

Government bans superannuation funds treating employers

KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
... new provisions face civil or criminal penalties. In the event of a civil penalty contravention, ASIC can apply for a court order. If the court finds that a trustee has contravened civil penalty provisions, it can be slapped with a fine of up to 2000 ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
In the second half of last year ASIC brought criminal proceedings against nine individuals on 76 charges, with four people imprisoned as a result and $12.7 million imposed in civil penalties. ASIC also disqualified 28 directors and there were 72 instances ...

IOOF appoints head of advice governance

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
... spokesperson today confirmed Kwa would remain in charge of advice governance at the wealth manager until the end of April, in order to ensure an orderly transition to Flynn. Flynn joins IOOF after almost 12 months at BT Financial Group, where he led ...