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Showing 191 - 200 of 1100 results for "Notice"

Investors flock to conservative ETFs: Podcast

CASSANDRA BALDINI  |  THURSDAY, 25 MAY 2023
Stockspot founder and chief executive Chris Brycki says the global macroeconomic backdrop has shifted investor trends, causing an uptake in conservative ETFs. Investors have faced varying challenges over the past 12 months and, speaking on the latest ...

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2023
MLC Life will pay $10 million, in addition to $12 million in remediation, for failing to pay promised rehabilitation benefits. The life insurer was penalised by the Federal Court after it was found guilty of several breaches of the ASIC Act, the Corporations ...

PwC picks senior leaders to oversee review

CASSANDRA BALDINI  |  TUESDAY, 16 MAY 2023
... retire from the partnership at the end of September following his involvement in the scandal. Last week Seymour gave his notice after confirming he was one of the firm's senior leaders looped into emails which highlighted "the marketing approach ...

PwC senior leaders step down over tax scandal

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
... Australian heads are the latest to be caught up in the fallout and follow PwC chief executive Tom Seymour handing in his notice following a discussion with the Australian board. Seymour confirmed he was one of the senior leaders looped into emails which ...

Issuers must lift DDO game: ASIC

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... defined target markets and unclear or inadequate product governance arrangements. "Investment product issuers have been on notice to meet obligations since October 2021. It is disappointing to see DDO deficiencies across the board, and by large and small ...

Ord Minnett cops $888k fine over buyback

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2023
ASIC's Market Disciplinary Panel handed Ord Minnett an $888,000 infringement notice over two contraventions of market integrity rules which occurred when conducting a buyback. According to ASIC, on 1 September 2021 the firm was instructed to commence ...

Future Super accused of greenwashing via Facebook post

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
Future Super has been handed an infringement notice by ASIC over a Facebook post that implied all its funds under management had been invested in fossil fuels prior to transitioning to Future Super. The $13,320 infringement notice follows ASIC raising ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... derivative positions must close. ASIC said that Binance came forward to have its licence cancelled after it was issued a notice of hearing under s915C of the Corporations Act 2001 that considers if an AFSL should be cancelled or not. Oztures Trading's ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
The Australian Institute of Superannuation Trustees (AIST) says the proposed changes to the Your Future, Your Super regime don't go far enough. AIST chief executive Eva Scheerlinck said that while some measures align with AIST's views, others fall short. ...

Iress error impacts ESSSuper members

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
ESSSuper has disclosed a reporting error made by its administrator, Iress, that impacted 9% of its defined benefit members. Due to Iress' incorrect contribution reporting to the ATO for the 2021-2022 financial year, approximately 9% of ESSSuper defined ...