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Showing 1921 - 1930 of 6733 results for "Review"

ASIC cancels stockbroker AFSL

ANNABELLE DICKSON  |  WEDNESDAY, 13 JAN 2021
... be handed down. KPMG said it will take at least six months for distributions to be made due to the time it will take to review claims and distribute all available assets. Halifax was initially found to have $19.7 million worth of deficiencies in client ...

CFM local head takes on new role

KARREN VERGARA  |  FRIDAY, 8 JAN 2021
Capital Fund Management's Asia Pacific head has left the business, as it winds up its two Australian funds and gears up for new launches. Stephen Shepherd, who was managing director and head of Asia Pacific at CFM for two and a half years, has joined ...

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
... of underperformance. The listed investment vehicle flagged in April 2020 that it was "engaging in a detailed strategic review" because of the adverse impact of COVID-19. It had a market capitalisation of $21.8 million at yesterday's close. At the ...

Super funds back COVID-19 preventative drug

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
Four major superannuation funds are backing a biotech company that is developing a nasal spray that claims to prevent COVID-19 and the common cold. AustralianSuper, HESTA, Hostplus and Statewide Super have joined forces with CSL, a venture capital fund ...

Retiree strategies need greater attention: Research

ANNABELLE DICKSON  |  WEDNESDAY, 6 JAN 2021
Traditional portfolio construction needs to change to provide for the needs of retiree clients, new research shows. Fidelity International with the Financial Planning Association of Australia (FPA) and CoreData released a report Building Better Retirement ...

Super underperformance needs to be addressed: Research

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... Australian shares investment options meanwhile outperformed the benchmark over one year, the highest strike rate in the review. This, however, fell to a three-in-10 strike rate over five years.

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... Equipsuper under an extended public offer in 2019. Togethr Trustees said the decision to sell comes after an extensive review of operations and assets, which determined that growing the bank would require additional investment and focus. It has decided ...

ASIC slams auditors

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
... includes enhancing a culture focused on audit quality, the experience and expertise of partners and others, supervision and review of audits, and accountability of partners and others for audit quality," ASIC commissioner Cathie Armour said. Auditors' ...

Hostplus axes manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... since January 2003. But, in a notice to members, the $50 billion industry fund advised that following a recent strategic review of its investment portfolio and investment managers, Hostplus has decided to close the Balanced Equity Management - Australian ...

ASIC to review impact of ASX outage

KANIKA SOOD  |  TUESDAY, 22 DEC 2020
In 2021, ASIC will review how market participants adapted to the ASX's outage in November, and if they and the ASX violated their market operating licences. On November 16 at 10:24 am, ASX halted trading on ASX Trade after switching to new systems ...