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Showing 1811 - 1820 of 6868 results for "CRED"

Criminal charges filed against ME Bank

JAMIE WILLIAMSON, KANIKA SOOD  |  THURSDAY, 27 MAY 2021
The Commonwealth Director of Public Prosecutions is pursuing criminal charges against ME Bank following an ASIC investigation. The regulator said the charges relate to contraventions of sections 12DB(1)(g) and 12GB(1) of the ASIC Act and sections 64(1) ...

Former adviser jailed for six years

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
A former financial adviser will spend six years in prison for stealing nearly $3 million of clients' superannuation money. The District Court of New South Wales found Ross Andrew Hopkins, from Killara, guilty of 15 offences. Hopkins was the sole ...

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 ...

ERS applicants $3100 worse off

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
Members who raided their retirement savings as a result of the early release of superannuation scheme could have been $3100 better off than if they had kept their balance intact, new research reveals. The McKell Institute, a thinktank, found that over ...

Draft advice reforms not enough: FPA

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAY 2021
The Financial Planning Association of Australia used its submission on the single disciplinary body for financial advisers to renew calls to remove the Tax Practitioners Board as a regulator of the sector. While the association welcomed the plan to ...

New responsible agricultural fund seeks $300m

KARREN VERGARA  |  TUESDAY, 18 MAY 2021
An agricultural investment manager is launching a new fund to sophisticated investors that uses land restoration practices that combats carbon emissions and Australia's drought problem. Brisbane-based Australian cattle property investment manager ...

Trustee of the Year announced

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
A well-known financial adviser and superannuation trustee has been named trustee of the year by the Australian Institute of Superannuation Trustees. Sue Dahn was announced as the recipient this morning at the Conference of Major Superannuation Funds ...

IOOF awards $23bn passive mandate

JAMIE WILLIAMSON  |  TUESDAY, 18 MAY 2021
IOOF has handed a $23 billion index investing mandate to a global investment manager following Vanguard's decision to stop managing passive strategies for other institutions. Having acquired ANZ's pensions and investments business last year, IOOF found ...

Investment Leadership Awards finalists named

JAMIE WILLIAMSON  |  MONDAY, 17 MAY 2021
The shortlist for the Financial Standard Investment Leadership Awards 2021 has been finalised, recognising outstanding investment nous across major asset classes. Now in their fourth year, the annual Financial Standard Investment Leadership Awards are ...

AFCA welcomes new chair

KARREN VERGARA  |  MONDAY, 17 MAY 2021
An Order of Australia recipient has been named the new chair of the Australian Financial Complaints Authority, replacing Helen Coonan. John Pollaers is the new independent chair of AFCA, replacing Coonan, whose tenure comes to an end this month. Coonan ...