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Showing 1581 - 1590 of 9460 results for "Made"

Link Fund Solutions hit with further legal action

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... fund. The legal issues faced by Link have seen Dye and Durham dump plans to acquire the administrator, with the decision made after the UK regulator made clear it could be hit with upwards of $500 million in penalties.

Diverger acquires cyber technology firm

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... operating efficiently, compliant with software developments and regulations and improving cyber protection. The solutions will be made available to Diverger's 3500 accounting and advice businesses. Diverger has paid $2.25 million for the firm, with a ...

ASIC commissioner to join Vanguard

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... to end his five-year term in December but will now finish up on February 3. "We are grateful for the contribution Sean has made to ASIC in his role as commissioner and wish him well in the next stage of his career," ASIC chair Joe Longo commented. This ...

JPMorgan says fintech was a fraud, closes business

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2023
... scientist to use "synthetic data" techniques to create a list of 4.265 million "students" that did not exist. The discovery was made after JPMorgan sent out a marketing email to what was believed to be about 10% of users and 70% of the emails bounced ...

BlackRock rethinks fundamental equities, PMs depart

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2023
BlackRock Australia is restructuring its fundamental equities business, in a move that's seen the departure of three portfolio managers. A spokesperson for BlackRock confirmed it is repositioning the Aussie fundamental equities business following a ...

AAT upholds AFSL cancellation

CHLOE WALKER  |  THURSDAY, 12 JAN 2023
... the noses of senior managers who manifestly failed to supervise those for whom they were responsible." Despite improvements made by Olive to its business, the AAT was satisfied that the cancellation of the licence was appropriate. "The cancellation is ...

Adviser salaries to jump in 2023: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 11 JAN 2023
... things that they're not aware of because they've left the business, something's come up, and they haven't been made aware of those issues. That's caused problems for them trying to find the next role." On the flip side, he explained ...

Court approves Pendal takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2023
The Supreme Court of New South Wales has approved the acquisition of Pendal by Perpetual. The Court made orders today approving the scheme, with it to become legally effective tomorrow following Pendal lodging a copy of the orders with ASIC. As such ...

ASIC takes action against more greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 10 JAN 2023
... implemented on a more limited basis than [Cruelty Free Super]'s website had suggested." "ASIC had concerns that the statements made regarding [Cruelty Free Super] were too broad, potentially misleading consumers as to the extent of the investment ...

2023 will be better for bonds: Experts

CASSANDRA BALDINI  |  TUESDAY, 10 JAN 2023
... floating rate notes (FRNs), collateralised loan obligations (CLOs) and business development companies (BDCs). High yields have made a comeback, meaning the current yield level provided a substantial cushion to returns going forward. "Although the risk ...