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Showing 1701 - 1710 of 6884 results for "Act2"

ASIC cancels AFSLs

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
The corporate regulator has cancelled the Australian financial services licences (AFSL) of two providers for failing to lodge audited financial accounts and failing to maintain an AFCA membership. Victorian-based financial services provider and mortgage ...

Local Government Super rebrands, reduces fees

JAMIE WILLIAMSON  |  TUESDAY, 25 MAY 2021
As part of a broader strategy to grow the fund, Local Government Super has adopted a new name and cut some of its fees. Effective today, LGS will be known as Active Super; a name that "captures our long-standing active pursuit of investments that deliver ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
The impact of decelerating coronavirus infections, accelerating vaccination momentum - permitting relaxation of restrictions - sprinkled with generous dashes of fiscal and monetary largesse have been captured in Markit Economics' latest PMI surveys. ...

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
ASIC is taking action against a financial services group for allegedly paying conflicted remuneration totalling $165,000 to its financial advisers who gave inappropriate SMSF and property advice. Equiti Financial Services (Equiti FS) - which is now ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
"Prediction is very difficult, especially if it's about the future." This quote from Danish physicist and Nobel Prize in physics winner Niels Bohr has been proven time after time but more recently in the Australian Federal Treasury's prediction ...

Salaries boosted by skills shortage

ELIZABETH MCARTHUR  |  THURSDAY, 20 MAY 2021
The financial services and insurance industries have record high job vacancies and skills shortages, sparking a significant boost in salaries. According to recruiter Robert Half's 2021 salary guide, it's a good time to be looking for work in financial ...

Macquarie Securities slapped with $126k fine

KARREN VERGARA  |  TUESDAY, 18 MAY 2021
Macquarie Securities Australia (MSA) has copped a $126,000 fine for breaching market integrity rules, making this its fifth infringement in the last six years. The Markets Disciplinary Panel (MDP) found that MSA failed to follow a client's instruction ...

New Martin Gilbert vehicle strikes first deal

JAMIE WILLIAMSON  |  MONDAY, 17 MAY 2021
AssetCo, the new investment vehicle for the former co-chief executive of Aberdeen Standard, has made its first acquisition under its new business strategy. Martin Gilbert bought into AssetCo in January this year and joined as chair, alongside fellow ...

ASIC bans Theta managing director

KARREN VERGARA  |  MONDAY, 17 MAY 2021
ASIC has banned the managing director of Theta Asset Management for four years from the financial services industry. The banning order for Robert Patrick Marie comes after several instances of misconduct relating to Theta, the responsible entity of ...

Equip, Catholic appoint acting CIO

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
Togethr Trustees has named an acting chief investment officer, as it looks for a permanent replacement for Anna Shelley, who is leaving for AMP Australia. Effective July 1, Darren Rosario will act in the role. Rosario is currently the head of portfolio ...