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Showing 2021 - 2030 of 10701 results for "May 2012"

ASIC smooths path for crypto ETFs

ELIZABETH MCARTHUR  |  MONDAY, 1 NOV 2021
ASIC has released guidance for product issuers on crypto exchange traded products, with the industry broadly supporting the regulator's stance. ASIC's good practice guide includes admission and monitoring standards, custody of crypto-assets, pricing ...

Super fund documents unreadable: Study

JAMIE WILLIAMSON  |  FRIDAY, 29 OCT 2021
The documents produced by Australia's largest superannuation funds have performed dismally in an analysis of readability, with an average score of 45.6 out of a possible 100. Ethos CRS analysed 80 different documents published online by the 10 largest ...

Super executives switching options in conflict: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
ASIC has released the results of surveillance into investment switching by super fund executives during market volatility at the start of the pandemic, finding possible conflicts of interest. ASIC looked at a sample of 23 trustees (including trustees ...

Exam pass rate steady at 60%

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
The September financial adviser exam pass rate was stable at 60% but continues to fall below the overall pass rate of 88.5%. The Financial Adviser Standards and Ethics Authority's latest examination statistics show that more than 1300 candidates sat ...

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
Future Fund's latest portfolio update shows the sovereign wealth fund is just shy of hitting $200 billion. "After the exceptional 22% return in 2020-21, the Future Fund continued to grow in the September 2021 quarter. Delivering a 10-year return of ...

ASIC sues former Freedom Insurance staff

KARREN VERGARA  |  MONDAY, 25 OCT 2021
A former Freedom Insurance director and consultant will head to Federal Court for their alleged involvement in aggressive sales tactics. ASIC has commenced civil penalty proceedings against former Freedom Insurance managing director of Keith Cohen and ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
It wasn't so long ago - before the COVID-19 pandemic struck to be precise - that every other central bank around the planet were hopin' and wishin' and prayin' for consumer price inflation to, at the very least, move higher to within ...

Ex-Pengana staff launch boutique

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
Five former Pengana staff members have emerged to launch the boutique, Pella Funds Management. Pella's chief investment officer Jordan Cvetanovski and managing director Steven Glass have set up shop following their surprise exodus in March. Former Pengana ...

Former Dover adviser banned

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
The corporate regulator handed down a six-year ban from providing financial services to a Melbourne-based financial adviser for failing to provide appropriate advice. Ashok Sherwal advised clients in need of cash to replace their existing insurance ...

Former Spectrum chief cops additional bans

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
Former Spectrum Wealth Advisers chief executive Mark Schroeder has been slapped with banning orders in addition to his six-year ban from providing financial services. The Administrative Appeals Tribunal amended ASIC's banning order that was handed down ...