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Showing 1621 - 1630 of 10705 results for "May 2011"

HNWIs remain interested in digital assets: Report

CHLOE WALKER  |  TUESDAY, 13 DEC 2022
... the same even after a significant drop in the market capitalisation of digital assets following the Terra Luna collapse in May (otherwise known as the start of the crypto winter). In Australia, investors were seemingly undeterred by the crash, with 24% ...

Latest adviser exams see 57% pass rate

CASSANDRA BALDINI  |  FRIDAY, 9 DEC 2022
Just over half of the candidates who sat the November exam passed, revealed ASIC. ASIC released the 19th cycle Financial Advisers Exam results and said, of the 282 candidates who sat the test, only 161 (57%) were approved. It explained 57% sat the test ...

Expand access to financial services: AUSTRAC

CASSANDRA BALDINI  |  FRIDAY, 9 DEC 2022
AUSTRAC has released guidance to banks and superannuation funds on helping those without access to traditional identification documents access financial services. The guidance aims to support people from diverse backgrounds and in challenging circumstances ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
As forecast, the Reserve Bank of Australia (RBA) has lifted the cash rate by another 25 basis points. KPMG chief economist Brendan Rynne noted that the RBA remains concerned about the immediate economic outlook, despite confirming that its recently ...

ASIC suspends, cancels AFSLs

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
The corporate regulator suspended Quantum Funds Management Limited (QFML)'s AFSL and cancelled that of AFSL Group. The suspension of QFML follows the ban of its managing director Peter Gribble for failing to pay $2.5 million in Australian Financial ...

Mercer identifies investment opportunities for 2023

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
Mercer Australia has constructed a series of themes that it believes can help shape investor decision making, giving them the best chance of long-term success. Although the world is in a state of flux on various fronts, including an economic slowdown ...

ASIC hands out more interim stop orders

CHLOE WALKER  |  MONDAY, 5 DEC 2022
In a bid to protect retail investors from funds that may not be suitable for their financial objectives, situation or needs, the corporate regulator has placed interim stop orders on both Australian Fiduciaries Limited (AFL) and APS Savings Limited ...

Delayed reforms put pensioners at risk: OECD

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
The OECD Pensions Outlook 2022 says that continuing with reforms to asset-backed pension arrangements is essential to improving retirement outcomes and the sustainability of retirement incomes, thereby building more inclusive pension systems. While ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
Vanguard Investments has become the first investment manager to be fined by ASIC over greenwashing. Vanguard paid $39,960 to comply with three infringement notices related to product disclosure statements (PDS) for the Vanguard International Shares ...

2023 adviser exam dates released

CHLOE WALKER  |  THURSDAY, 1 DEC 2022
ASIC has announced the sitting dates for the 2023 financial adviser exams, the first of which will be held on February 16. Advisers should note that all enrolments for the February Cycle 20 sitting will be open from January 10 and close on January 30. ...