Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 201 - 210 of 1643 results for "Selling"

ASIC response to Freedom Insurance saga continues

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2022
... for an apology, before issuing an apology weeks before fronting Commissioner Kenneth Hayne. Three months later it ceased selling life insurance and flagged the likelihood of a liquidity crisis before suspending trading in February 2019 before committing ...

Macquarie Asset Management buys Veolia waste business

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... for $3.5 billion. MAM will acquire 100% of the share capital of Suez Recycling and Recovery UK Group. Veolia has been selling off parts of Suez recently in response to anti-trust concerns raised by the UK's Competition and Markets Authority (CMA). The ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... rate over recent months) - as well as record highs in business survey measures of capacity utilisation, labour costs and selling prices - indicates extreme tightness in both labour and product markets." This poses upside risk to wages and inflation the ...

OTC derivatives provider loses licence, executives banned

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... Financial. The regulator found call centre representatives persuaded Sirius Financial clients to trade using pressure selling tactics and provided clients with personal advice when it was not licensed to do so. Sirius Financial was also found to have ...

Subjects of Royal Commission case study found guilty in court

CHLOE WALKER  |  MONDAY, 11 JUL 2022
... BlueInc Services Pty Ltd (BlueInc) and Insurance Marketing Service Pty Ltd (IMS) engaged in unconscionable conduct when selling insurance products. The Court also found Russell Howden, the managing and sole director of Select and BlueInc, was involved ...

Social impact fund to target essential workers

JAMIE WILLIAMSON  |  MONDAY, 4 JUL 2022
... They pay no administration fees or charges to the HOPE Fund and can pay down HOPE's equity share at any time. Upon selling, any capital gains will be split proportionally according to equity interest - same goes for any losses. In developing the ...

Luxury collectables break records

CHLOE WALKER  |  MONDAY, 27 JUN 2022
... Over 350 pieces of high-end watches and handbags went under the hammer on June 19, with a Hermes Kelly Crocodile Handbag selling for $50,000. Other feature items that sold in the designer auction included other Hermes Birkin bags, one for $18,600 and ...

Young investors undeterred by volatility: Data

CHLOE WALKER  |  THURSDAY, 23 JUN 2022
... market of volatility and ongoing macroeconomic instability, young investors are buying shares 10 times more often than selling this year, according to insights from investment platform Pearler. In fact, buy orders on Pearler for investors in their late ...

Life Code update expands consumer protections

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
... to their processes to allow for the new consumer protections. Protections have been added in several areas, including selling, underwriting, mental health, claims, and dealing with vulnerable customers. Notably, the new Code introduces a ban on blanket ...

The rise of the hybrid ETP

CASSANDRA BALDINI  |  TUESDAY, 7 JUN 2022
... exchange and there are no brokerage costs." Dyall said this makes unit trusts advantageous to investors either buying or selling units on a regular plan. "These investors do not need to know the price of their transaction, they most likely will have ...