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Showing 191 - 200 of 1127 results for "Notice"

AMP shareholder class action settlement slashed

KARREN VERGARA  |  MONDAY, 9 OCT 2023
... which it considers is fair and reasonable, and which may therefore be deducted from the Settlement Sum," the shareholder notice said. Currently, Maurice Blackburn said it is not possible to estimate how much each participant will receive as it needs ...

Provide Capital ordered to produce documents

CASSANDRA BALDINI  |  THURSDAY, 5 OCT 2023
... noncompliance with the regulator. In its application, ASIC highlighted two principal ways in which Provide failed to adhere to its notice. "First, Provide has failed to produce all documents within its possession, custody or control that respond to certain ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
The Reserve Bank of Australia (RBA) governor Michele Bullock has left the cash rate at 4.10% for the month of October. Announcing the latest monetary policy decision whilst taking the helm for the first time, Bullock left the door open for potential ...

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... investors receive accurate information." Bobbob paid the infringement notices on September 20. Payment of an infringement notice is not an admission of guilt or liability.

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... determined in favour of AMP Financial Planning advisers who saw the valuations of businesses slashed by 40%. AMP filed a Notice of Appeal in the Federal Court yesterday, challenging the decision handed down by Justice Mark Moshinsky on July 5. Based ...

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
A former financial adviser who took more than $1 million from clients to feed his online gambling addiction has been sentenced to jail for five years. The District Court of Western Australia found Mark Raymond Sebo guilty of misappropriating $1,056,685.18 ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... to pay more than $270,000 it is owed. The Federal Court hearing is set for October 3 in Melbourne, according to an ASIC notice. Last year, WJ & V Drakoulis Super took NextGen to AFCA, alleging it provided bad financial advice that involved investing ...

GPT appoints Charter Hall executive as new chief

CASSANDRA BALDINI  |  MONDAY, 25 SEP 2023
... Charter Hall managing director and group chief executive David Harrison. "Proutt's employment contract has a six-month notice period and standard non-compete and non-solicitation provisions."

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... through illness, incapacity, injury, or the death of a partner. As a result, advisers are often called in to help on short notice. "Even when clients include age care in their plans, they may not do so explicitly, husbanding their assets to ensure they ...

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... used its discretion under the fund's constitution to suspend withdrawal requests in Class A from the date of issue of this notice. This ensures there are no investors unfairly impacted by remaining in the fund until termination," it said. It is intended ...