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Showing 1621 - 1630 of 11021 results for "Account"

Coinbase sued as US crackdown continues

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
The Securities and Exchange Commission (SEC) filed a suit against Coinbase for, among other things, allowing users to trade unregistered securities. It follows Binance being sued just yesterday. The SEC has accused Coinbase of breaking market rules ...

Generation Life rolls out product enhancements

ANDREW MCKEAN  |  WEDNESDAY, 7 JUN 2023
... advisers to design plans that address unique needs," he said. Meanwhile, according to Clarke, other solutions, such as account-based pensions, fall short of addressing the entire spectrum of clients' retirement needs. Most crucial among these needs ...

ASIC bans former Madison adviser

CASSANDRA BALDINI  |  TUESDAY, 6 JUN 2023
Brisbane-based financial adviser Stephen Vick received the ban for recommending his clients roll over their existing superannuation to a newly established self-managed superannuation fund (SMSF) and borrow to invest in residential property. The regulator's ...

Cboe launches first ever global listing network

CASSANDRA BALDINI  |  TUESDAY, 6 JUN 2023
... corporate and ETF listings across all its exchanges, providing issuers with best-in-class global investor exposure, global account and product management. "Cboe has built an expansive, global equities footprint unrivalled in the industry that uniquely ...

Fraudulent property director charged

CHLOE WALKER  |  TUESDAY, 6 JUN 2023
Michael David Steele has been charged with seven counts of fraud after he misled 14 investors into using their superannuation and other savings to invest a property development. Following an investigation, ASIC is alleging that between May 2016 and ...

AI in ESG: Risk or opportunity?

ROSE MARY PETRASS  |  MONDAY, 5 JUN 2023
The artificial intelligence (AI) revolution is already rapidly disrupting various industries, speeding up processes and making fast work of huge amounts of data, and investors and businesses need to analyse the material ESG risks and opportunities of ...

ESSSuper reduces admin fees, renews insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2023
... Meanwhile, it has also signed a new group insurance contract. Currently, ESSSuper charges members a combination of an account-keeping fee of $52 a year and a percentage-based administration fee of 0.25%. From July 1, the percentage-based component will ...

First Sentier clients walk away with $13bn

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... Macquarie with $2.6 billion and VanEck with $1.9 billion. Meanwhile, the La Trobe Australian Credit Fund 12 Month Term Account received a $1.2 billion boost in FUM, ending the period at $7.3 billion. Macquarie's Enhanced Australian Fixed Interest ...

Vanguard fined for defective account statements

KARREN VERGARA  |  MONDAY, 5 JUN 2023
A US regulator has slapped Vanguard with a fine for issuing false and inaccurate account statements to 8.5 million US customers. The Financial Industry Regulatory Authority (FINRA) found that the fund manager overstated the yield and projected annual ...

Collapsed trading house hit with charges

CHLOE WALKER  |  MONDAY, 5 JUN 2023
Two former directors of collapsed retail over-the-counter derivatives provider Berndale Capital Securities have been charged with dishonesty offences, including misusing over $1 million in company funds. Stavro D'Amore and Daniel Kirby are alleged to ...