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Showing 151 - 160 of 461 results for "Subsequently"

Former Statewide Super executives charged

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
... Statewide Super terminated both executives' employment in January 2020 following an internal investigation. The fund subsequently reported this conduct to ASIC. Eastwood and Netting appeared before the Court on December 9, charged with six counts ...

ASX dumps CHESS replacement project

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
... provided by the ASX in mid-2018 suggested the CHESS replacement would go live in Q1 2021 at the latest but this was subsequently delayed, first to April 2022 and then April 2023 before being delayed indefinitely. When it became clear in August of this ...

BlackRock expands proxy voting to retail investors

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
... don't want to sit on the sidelines and want a meaningful way to express their views on corporate governance. Subsequently, the investment manger has decided to extend the pool of eligible client assets that can participate in proxy voting, it also ...

FPA membership declines, deficit materialises

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... become members. Meanwhile, after achieving a before-tax surplus of $1.35 million in 2021, the FPA is now in the red. Subsequently, accumulated members' funds decreased to $11.6 million at June 30, compared to $12.8 million the year prior. FPA chief ...

Link seeks to offload Fund Solutions

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
... Solutions may be required to pay in relation to the Woodford matters an amount up to approximately $519 million. Subsequently, Dye & Durham revised its takeover offer, stating that it developed a revised proposal that was structures as an upfront cash ...

Equipsuper restructures investment team

ANDREW MCKEAN  |  TUESDAY, 4 OCT 2022
... sentiment continues to swing quite dramatically; markets hate uncertainty and we have that in spades right now." Subsequently, Howard explained that diversification is at the forefront of Equip's strategy. "We believe asset allocation is the most ...

Hejaz launches financial advice service

ANDREW MCKEAN  |  TUESDAY, 4 OCT 2022
... struggle to find the resources they need to truly understand the ethical and ultra-ethical solutions on the market. Subsequently, the goal of the dealer group is to educate and empower advisers to effectuate industry change. "We're encouraging advisers ...

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
... superannuation fund after being invited by the Queensland Master Builders as the employer representative. He was subsequently nominated chair when Masters stepped down in June. While he concedes he hasn't had much experience with superannuation ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... into a retail account. AMP took action to rectify the issue, self-reported it to ASIC, apologised to customers and subsequently completed the remediation of affected members." "The remediation was completed in November 2019, with approximately 2,500 ...

ABN AMRO Clearing pays $222k penalty

ANDREW MCKEAN  |  THURSDAY, 8 SEP 2022
... prohibits market participants from aggregating separate orders to meet the Minimum Value Threshold for block trades. Subsequently, the MDP had reasonable grounds to believe that ABN AMRO contravened subsection 798H(1) of the Corporations Act by failing ...