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Showing 1491 - 1500 of 6177 results for "Statement"

ASIC bans former Godfrey Pembroke adviser

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
... to act in the best interests of his clients. ASIC also found Cassidy failed his requirement to provide clients with a statement of advice regarding his Bux recommendations. "ASIC found Mr Cassidy's conduct had significant consequences for his clients ...

Chief economist update: Turn the beat around

BENJAMIN ONG  |  THURSDAY, 30 JAN 2020
... pressure off the RBA to cut the cash rate at its next meeting in February." Recall that in its latest (November 2019) Statement on Monetary Policy (SoMP), the RBA expects headline inflation at 1.9% at the end of December 2019; 1.8% at end-2020; and 1.9% ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2020
... demand support the anticipated firming of growth," according to the IMF. This is not so different from Lagarde's statement: "Looking ahead, the euro area expansion will continue to be supported by favourable financing conditions, further employment ...

Future Fund returns 14.3% for the year

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... supported merely by cheap money. Looking forward, a number of risks remain," Future Fund chair Peter Costello said in a statement. "Global debt levels and demographic pressures will shape economies and markets over the medium to long term. We maintain ...

Stamping fees consultation kicks off

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... interests of investors are protected and capital markets remain efficient and globally competitive," Treasury said in a statement. Treasury is asking all interested parties to email their submissions to a dedicated email over the next four weeks. Last ...

UK regulator fined for pension failure

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
... has been hit with a fine for failing to comply with requirements to include sufficient information in a chair's statement to members of its staff pension plan. The Financial Conduct Authority (FCA) has been fined £2000 by UK pension scheme authority ...

Ponzi scheme rakes in almost $1.5bn

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
A California-based couple has been charged by the US Securities and Exchange Commission for allegedly running a Ponzi scheme worth just under $1.5 billion (USD$1billion). The SEC has charged Jeffery and Paulette Carpoff with violating antifraud provisions ...

Fraudulent adviser cops ban, jail time

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
A financial adviser from the NSW town of Valentine has been permanently banned for making false statements to clients and misappropriating funds. Nicholas Ellis was sentenced to three years in prison in October last year but has only now been permanently ...

Boutique shuts doors

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
... process is conducive to our investors' needs," Bennelong Funds Management chief financial officer Jeff Phillips said in a statement. "Bennelong is working closely with the Avoca team members, supporting and assisting them through the change." Campbell ...

More staff embroiled in Macquarie investigation

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
... regarding the naming of these people other than that it relates to short selling-related activities," Macquarie said in a statement. "The total amount at issue is not considered to be material and MGL has provided for the matter.