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Showing 181 - 190 of 1102 results for "Notice"

Mayfair 101 calls for senate inquiry into ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 2 AUG 2023
... According to a timeline of events, less than 24 hours after the email was sent, an ASIC staff member drafted a public warning notice about Mayfair 101. Screenshots posted by Mayfair 101 show Hempton emailed Chester in relation to another firm but, in ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... 2021. The halt was lifted on 16 February 2021, after Vanguard issued an ASX announcement for the ETF and a unit holder notice (for the funds) to inform investors that a PDS update to better reflect the benchmark index methodology was to follow, including ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... Barr explained any proposed changes to better align capital requirements with risk-taking would go through the standard notice-and-comment rulemaking process. "... allowing all interested parties ample time to weigh in on the proposed changes. Any final ...

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... activity reports about clients engaging in suspicious trading. To rectify these breaches and comply with the infringement notice, Openmarkets has entered into an enforceable undertaking. This requires the broker to bring on board an independent expert ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
Cbus is poised to deliver solid results for its members this year, forecasting a return of about 8.5%, according to newly appointed chief investment officer Brett Chatfield. Speaking with Financial Standard, Chatfield credited the result to a combination ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
JPMorgan's ' The Future of Superannuation ' report highlights how Australia's largest super funds are leveraging their scale to invest offshore and bolster their internal investment capabilities. This strategic shift is particularly ...

Morrison Securities pays infringement over DTRs

CHLOE WALKER  |  THURSDAY, 22 JUN 2023
Morrison Securities (Morrison) has paid a penalty of $333,000 to comply with an infringement notice given by the Markets Disciplinary Panel (MDP). According to the MDP, Morrison contravened the ASIC Market Integrity Rules on six occasions between October ...

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
... training, supervision, counselling or reporting; and suspend or cancel registrations. It can also issue an infringement notice or recommend that ASIC apply to the court for a civil penalty.

OnePath fined over MySuper bungle

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2023
Insignia Financial and OnePath Custodians will pay $1.5 million for failing to direct member contributions to a MySuper product. APRA has fined OnePath Custodians $1.46 million after it was made aware 125 default member contributions were not directed ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... annual leave loading, public holiday loadings, minimum rate of pay, long service leave, redundancy, payments in lieu of notice, meal allowances, and superannuation were all impacted. Following an internal review of pay and leave practices, along with ...