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Showing 171 - 180 of 1365 results for "Australian Securities and Investments Commission"

Crowd equity funding, the Ashley Madison of finance

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
... crowd equity funding should be allowed in Australia, subject to monitoring by the Australian Securities and Investments Commission (ASIC). "If we can reduce the costs of adultery, why can't we reduce the cost of banking?", Professor Henry Ergas, from ...

Hedge funds face brain drain

LAURA MILLAN, MARK SMITH  |  MONDAY, 24 AUG 2015
... (ETFs), which are gaining popularity in Australia and globally, were up 47.6%. The Australian Securities and Investments Commission (ASIC) reported in July 2015 that hedge funds represent $95.9 billion, or 4% of the total funds management industry. The ...

Westpac insurance adviser gets permanent ban

LAURA MILLAN  |  THURSDAY, 13 AUG 2015
... have laid charges in relation to Hodgetts' conduct, which was uncovered by an Australian Securities and Investments Commission (ASIC) investigation. ASIC has banned a total of five advisers since it started its Wealth Management Project in October 20 ...

Macquarie advisers defect to start independent firm

LAURA MILLAN  |  WEDNESDAY, 12 AUG 2015
... worth clients," Wrightson said. Following an enforceable undertaking (EU) by the Australian Securities and Investments Commission (ASIC) on MPW, a number of advisers and executives from Macquarie's wealth management arm have left the group to join non-aligned ...

Independent advice licensee under ASIC radar

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
... advice group has seen its Australian financial services licence questioned by the Australian Securities and Investments Commission (ASIC). The regulator has imposed new licence conditions on Sentinel Private Wealth following concerns over the company's ...

ASIC to foster fintech growth

DARREN SNYDER  |  FRIDAY, 31 JUL 2015
The Australian Securities and Investments Commission (ASIC) has established a Digital Finance Advisory Committee (DFAC) that will meet for the first time next month and advise the regulator on engagement with fintech businesses. DFAC forms one part ...

Platinum launches Asia LIC

LAURA MILLAN  |  WEDNESDAY, 29 JUL 2015
... the Asia region, ex Japan. Platinum has already lodged the prospectus with the Australian Securities and Investments Commission (ASIC) and is aiming to raise up to $500 million before the acceptance of any oversubscriptions. The offer will open on 10 ...

Minimum $200k SMSF balance "completely incorrect"

LAURA MILLAN  |  MONDAY, 27 JUL 2015
A superannuation lawyer has slammed the recommendation by the Australian Securities and Investments Commission (ASIC) that self-managed super funds (SMSFs) should hold a minimum balance of $200,000. Townsends Law special counsel on superannuation Michael ...

Macquarie pays $11m advice compensation so far

LAURA MILLAN  |  THURSDAY, 23 JUL 2015
... (7.4%) were eligible for a total of $5.4 million compensation. A year ago, the Australian Securities and Investments Commission (ASIC) forced the group to establish a compensation process for clients who were victims of bad advice by the group's financial ...

SMSF direct property investment jumps 60pct

MARK SMITH  |  FRIDAY, 17 JUL 2015
... real estate has jumped 60% in the last four years, according to figures from the Australian Securities and Investments Commission (ASIC). In its submission to the Parliamentary Inquiry into Home Ownership, the primary financial markets regulator revealed ...