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Showing 211 - 220 of 627 results for "Fire"

Spectrum Wealth representatives find new homes

ELIZABETH MCARTHUR  |  MONDAY, 29 JUL 2019
... year that it would likely face a liquidity crisis in 2019 and missed its FY19 interim results deadline. Freedom came under fire during the Royal Commission for selling a life insurance policy to an intellectually disabled man.

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
The superannuation sector is in a spin over the super guarantee, despite the Government committing to its legislated increase to 12%. In a media release, the peak-body for industry superannuation, Industry Super Australia, fired a shot across the Government's ...

Portfolio manager caught out faking returns

KANIKA SOOD  |  FRIDAY, 19 JUL 2019
A portfolio manager artificially inflated a fund's returns and collected a large bonus on the back of it, the US corporate regulator alleged. New Jersey-based portfolio manager and trader Swapnil Rege was employed by a company referred to as Fund Adviser ...

Super funds keen on alternatives managers

KANIKA SOOD  |  WEDNESDAY, 17 JUL 2019
Alternatives managers continued to win the biggest slice of institutional mandates awarded in Australia in the year to March end, according to the latest Rainmaker Mandate Chaser report. Not-for-profit superannuation funds and investment managers handed ...

Bonds raise alarm at fund manager

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
... investors that H20 would not freeze its funds. GAM Investments and Woodford Investment Management have previously also come under fire for investing in illiquid assets that forced the managers to freeze funds.

VanEck changes tack on ETF

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
Australia's only exchange-traded fund to track S&P/ASX 200 companies which pay 100% franked dividends has changed its strategy. The VanEck Vectors S&P/ASX Franked Dividend ETF (ASX: FDIV) tracked an index that VanEck developed with S&P Dow Jones ...

John Key under fire

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
An independent review into ANZ New Zealand has seen former New Zealand Prime Minister John Key come under fire over governance issues at the bank. The Reserve Bank of New Zealand (RBNZ) is requesting assurance from ANZ that it is operating in a prudential ...

Industry funds could solve energy crisis: ISA

HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
Industry superannuation funds believe they hold the key to unlocking Australia's energy crisis. Peak industry superannuation body Industry Super Australia today released a new discussion paper calling for industry funds to take a leading hand in ...

Fire drills needed to meet APRA standards

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
APRA's new enforcement approach to cyber security may mean financial services firms have to conduct fire drills - where fake viruses or phishing attacks are deliberately spread in their systems - to work out the strength of their systems. APRA released ...

Freedom to divest all operations

KARREN VERGARA  |  MONDAY, 15 APR 2019
... results deadline and was "unable to provide an accurate estimate of when the review will be completed." Freedom came under fire during the financial services Royal Commission for selling a life insurance policy to an intellectually disabled man.