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Showing 1801 - 1810 of 14064 results for "State"

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
The ASX fell 1.4% this morning following chaos at Credit Suisse that spurred on Wall Street downturns, but this isn't the only reason we're seeing a slump. Commonwealth Bank subsidiary CommSec explained the Aussie market opened down 97pts or ...

ASIC bans Queensland adviser

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
ASIC has banned Queensland-based adviser Douglas Allen from providing financial services for three years. ASIC's review of Allen's advice files revealed that he employed a "layered advice" approach. The regulator discovered that his recommendations ...

GBST revamps wealth platform, unveils corporate rebrand

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
... coming weeks. Over the past few years, GBST has faced challenges related to a change of ownership, leaving it in a suspended state. In 2021, FNZ Group completed the sale of GBST to Anchorage Capital Partners, which focused on GBST's wealth management ...

NSW Premier promises 'future fund' for children

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
... a dedicated savings fund worth up to $49,000 under a new government contribution scheme if the Liberals win the upcoming state election. Premier Dominic Perrottet said that the policy, which is expected to cost $850 million over four years, is a "down-payment ...

abrdn loses global chief economist

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
Jeremy Lawson has resigned as global chief economist for abrdn, opting to return to Australia. Lawson has served in the role for 10 years, first appointed in March 2013. In 2018, he took on the additional responsibility of leading the group's research ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... Meanwhile, in the joint statement from regulators it was also confirmed that New York-based Signature Bank has been closed by its state chartering authority and senior management has been removed. Shareholders and certain unsecured debtholders won't ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
ANZ has copped a $10 million penalty for its home loan referral program that breached consumer credit protection laws. The Federal Court found that the bank's Home Loan Introducer Program enabled unlicensed third parties to refer customers to ANZ for ...

TAL offloads dealer group to CountPlus

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
ASX-listed firm CountPlus will acquire 75 financial advice practices that once belonged to TAL. CountPlus will pay $3.373 million for Affinia Financial Advisers and have about 400 advisers and $16.8 billion in funds under advice once the deal completes. ...

ASIC issues more interim stop orders

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
Deficiencies in its target market determination (TMD) have seen interim stop orders placed on Interactive Brokers Australia. ASIC initiated the temporary suspension, valid for 21 days, to prohibit Interactive Brokers from offering, issuing, or giving ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
The Financial Planning Association of Australia (FPA) has voiced concerns over the proposed Compensation Scheme of Last Resort (CSLR) and Financial Accountability Regime (FAR) legislation. While acknowledging the positive impact of an effective CSLR ...