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Showing 1351 - 1360 of 6147 results for "Money"

ASIC to curb huge CFD losses

KARREN VERGARA  |  FRIDAY, 23 OCT 2020
... warned. Following reviews of the instruments in 2017, 2019 and 2020, ASIC found that the majority of retail clients lost money. Between March and April 2020 for example, users lost over $774 million based on a sample of 13 CFD issuers. Over 1.1 million ...

Chief economist update: The UK's new plan... after two plans

BENJAMIN ONG  |  FRIDAY, 23 OCT 2020
... then becomes how soon is soon enough to end restrictions to prevent a third wave and even more government and central bank money spent.

Alex Waislitz fails to block OneVue acquisition

KANIKA SOOD  |  THURSDAY, 22 OCT 2020
... build more value over time. I am pleased that Thorney was able to extract a higher offer from Iress which will put more money into all OVH shareholders' pockets. "The Thorney Group's investment in OVH has been profitable and we will now deploy ...

AustralianSuper backs cobalt miner

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... refinery in Brazil, including purchase deposit, lease payments from March 2021 and restart study costs. It will also use the money for Idaho Cobalt Operations. The superannuation fund is already a Jervois shareholder. It participated in a July 2019 raise ...

Societe Generale fined over client breaches

ANNABELLE DICKSON  |  WEDNESDAY, 21 OCT 2020
... operation has become the second company in Australia in as many months to be criminally prosecuted over breaching client money obligations. Societe Generale pleaded guilty to four counts of client money obligation breaches in Sydney's local court and ...

Magellan chief backs health startup

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
When it comes to investing his own money, Magellan's chief executive Brett Cairns likes to go back to his roots in science. Cairns was paid $1.5 million in FY20, not including variable remuneration of $772,500, which he was eligible for but waived. ...

APRA, ASIC release life insurance stats

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
APRA and ASIC have published the latest data on life insurance claims and disputes, demonstrating the difference financial advisers make when it comes to TPD and trauma claims. ASIC's MoneySmart life insurance claims comparison tool has been updated ...

American manager eyes local market

KANIKA SOOD  |  MONDAY, 19 OCT 2020
... flagship systematic global macro strategy. Welton Investment Partners is 15-year-old quantitative investor that manages money for institutional, endowment and private investors in United States and Europe. The strategy it is pitching to Australia and ...

Self-licensing on the horizon

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... to new revenue models or they risk significant fee increases. "Advisers are now more focused on what they get for their money and are looking to align with a provider that has both financial strength and longevity. Advice technology, approved product ...

Derivatives issuer cops $75m penalty

ELIZA BAVIN  |  MONDAY, 19 OCT 2020
... investments and as a result of the contravening conduct, clients of each of the three defendants lost significant amounts of money, with total trading losses of around $32 million. The Federal Court found that such trading losses translated to revenue ...