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Showing 1541 - 1550 of 3553 results for "October 1"

Chief economist update: Can't get enough of war

BENJAMIN ONG  |  MONDAY, 16 APR 2018
War: it seems that US president Donald Trump cannot get enough of it. Trump began his war crusade with the media (and fake news), then moved on to North Korea (although this was instigated by Kim's nuclear "exercises"), then trade and China, last weekend ...

CBA advice failures unacceptable: Comyn

DARREN SNYDER  |  FRIDAY, 13 APR 2018
Commonwealth Bank chief executive Matt Comyn apologised for the group's financial advice failures as two CBA planning subsidiaries entered an enforceable undertaking with ASIC - all before the financial services Royal Commission tackles advice on Monday. ...

ASIC disqualifies two SMSF auditors

ALEX BURKE  |  TUESDAY, 10 APR 2018
ASIC disqualified two self-managed super fund auditors - one in South Australia and one in the ACT - for breaching independence requirements. The South Australian auditor, John Tretola, was found to have breached his independence requirements of APES ...

ASIC slaps fines on Spaceship and its trustee

KANIKA SOOD  |  TUESDAY, 10 APR 2018
The corporate regulator said Spaceship's upbeat description of its growth option made "misleading claims" to attract new superannuation members. Spaceship's GrowthX option claimed to "measure companies" while in reality 79% of the fund was tracking ...

Two industry funds merge

KARREN VERGARA  |  THURSDAY, 5 APR 2018
Two industry superannuation funds will merge to create a $10.3 billion superannuation fund with about 125,000 members. NGS Super and QIEC Super will operate as one entity from 1 November 2018; QIEC Super will become a subdivision of NGS Super in the ...

Chief economist update: Synchronised global slowing?

BENJAMIN ONG  |  WEDNESDAY, 4 APR 2018
If the just-released results of the JP Morgan Global Manufacturing PMI survey are any indication, the synchronised global upswing that was the stuff of investor optimism in the latter part of last year is beginning to lose momentum. The survey shows..."the ...

Prime Value appoints new portfolio manager

ALEX BURKE  |  TUESDAY, 3 APR 2018
A former portfolio manager at Contango Asset Management is taking on a new role at Prime Value Asset Management. Richard Ivers joins Prime Value's Australian equities team as a portfolio manager. He will also be responsible for managing Prime Value's ...

CBA and AUSTRAC agree to mediate

ALEX BURKE  |  FRIDAY, 23 MAR 2018
At the request of both parties, the Federal Court has referred the proceedings between CBA and AUSTRAC to mediation. The Court's decision also requires AUSTRAC to file and serve any reply to CBA's amended response by April 6 and set a timetable for ...

Former Provident Capital MD still banned but allowed procedural fairness

DARREN SNYDER  |  THURSDAY, 22 MAR 2018
The Federal Court has upheld ASIC's five-year disqualification of the former managing director at Provident Capital but found the Administrative Appeals Tribunal denied the MD procedural fairness in its hearing. ASIC explained that on 20 February 2015 ...

CGA acquires Switzer, appoints new chief executive

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
Contango Asset Management entered into an agreement to acquire all remaining equity in Switzer Asset Management and has appointed a chief executive. Contango currently owns 46.25% of Switzer AM. Consideration for the remainder will be 7,166,667 CGA ...