Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1631 - 1640 of 3879 results for "February"

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
... Limited was the RSE. This issue was first identified in October 2016. Following an investigation, the root causes found in February 2017 were the "insufficiency of procedures and inconsistent processing" of removing relevant fees. Westpac notified ASIC ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... establish at the end of Mullaly's hearing. Westpac's case was identified in December 2016. The trial started in February 2018 and as of today, the judgement is reserved. Going by this 20-month resolution timeline - if ASIC had dragged ANZ to ...

APRA banned one person in 10 years: Royal Commission

HARRISON WORLEY  |  FRIDAY, 17 AUG 2018
... proper. Rowell confirmed APRA administratively disqualified 133 people for not being fit and proper in the period between February 2003 and 2008. Since the 2008 changes however, the only occasion when the prudential regulator made a court application ...

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... default and lower cost MySuper option. ASIC eventually identified the adviser's "pattern" and issued a notice to CFS in February of this year. Chun said he doesn't know where this currently stands with regulator. Only in July, when the Commission ...

Frequent traders re-evaluate broking landscape

DARREN SNYDER  |  THURSDAY, 16 AUG 2018
... months ago. "In the first half of 2018, the three engines of growth were firing on all cylinders," Guiamatsia said. "The February market correction generated interest around the world for assets perceived to be undervalued, and Australian investors were ...

Funds SA appoints chair, director

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... portfolios on behalf of South Australia's public sector superannuation funds and approved public authorities. In February, it filled two senior investment roles. Matthew Kempton joined as Funds SA director, equities, leaving his role as chief investment ...

Former advice specialist hired as Zenith analyst

KANIKA SOOD  |  THURSDAY, 9 AUG 2018
... worked at Kearney Group as a financial adviser for about six years was hired as a Zenith investment analyst. Then in February, Zenith hired former KRA Wealth Management adviser Dan Cave as an investment analyst. Zenith's research team now has 14 ...

ASIC issues permanent ban for theft

JAMIE WILLIAMSON  |  THURSDAY, 9 AUG 2018
... Yarrawonga, Victoria, was struck off by ASIC after an investigation found he had misappropriated $3,133.36 in client funds. In February 2016, Jarman pleaded guilty in Cobram Magistrates Court to seven counts of theft. The thefts occurred between 2012 ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... enterprises - fell to a reading of 51.2 in July (the second consecutive month of decline and the weakest reading since February this year). According to the National Bureau of Statistics (NBS) this is due to intensifying trade tensions, weaker domestic ...

Chief economist update: At the core-core of it

BENJAMIN ONG  |  TUESDAY, 31 JUL 2018
... other central banks' measure of core inflation) - is going the other way. It has consistently weakened from 0.5% in February this year to 0.2% last month. I note this because, if memory serves me right, BOJ Governor Haruhiko Kuroda pointed to this ...