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Showing 211 - 220 of 1638 results for "Selling"

Modern Slavery Act needs strengthening: Panel

RACHEL ALEMBAKIS  |  THURSDAY, 14 APR 2022
... considerations. The panel pointed to actions in the US, where Malaysian disposable glove manufacturers were banned from selling into the US because of instances of modern slavery in their manufacture. Carlsson said that a federal Anti-Slavery Commissioner ...

Fund inflows drop sharply: Calastone

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... the category since the convulsions that rocked global credit markets in the early weeks of the pandemic. Fixed income selling activity only rose modestly but the drop in inflows reflected buyers steering clear of the category altogether. Similarly, real ...

Westpac fined $1.5m for mis-selling insurance

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
The Federal Court has ordered Westpac to pay a $1.5 million penalty for mis-selling consumer credit insurance with its credit cards and Flexi Loans, to customers who hadn't agreed to buy insurance policies. This penalty has come as a result of Westpac's ...

Vanguard Personal Investor sees Delta boom

CHLOE WALKER  |  TUESDAY, 5 APR 2022
... long-term impacts to an investment portfolio," Vanguard Australia's Head of Personal Investor Balaji Gopal said. "Panic selling during a falling market guarantees that you lock in your losses and conversely, holding on to your investments puts you ...

Practice valuations to normalise: Report

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... $5000 p.a. are in demand," Centurion said. "We expect this style of client book to hold value over time." These books are selling for anywhere between 2.3x and 3.0x recurring revenue for annual client fees above $3000 and 2.5x to 3.0x for those over ...

Plans to remedy NALI, NALE issues welcomed

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAR 2022
... situations where all the income an SMSF receives from a particular investment, including any realised capital gains on selling the investment, is forever tainted as NALI because of a simple oversight. "We are also concerned about some situations where ...

Regulators fret over hobby traders

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
... digitally enabled. Like ASIC, our counterparts around the world are observing common types of harmful behaviour include mis-selling, mis-labelling and misleading disclosure - all of which have the potential to undermine confidence and stability," ASIC ...

La Trobe takeover confirmed

CHLOE WALKER  |  MONDAY, 21 MAR 2022
... Financial is currently owned by Blackstone, which owns 80%, and president and chief executive Greg O'Neill who is also selling his 20% stake. According to the AFR, O'Neill will depart the firm after 37 years when it is acquired by the Canadian private ...

Chief economist: Is this a buy op?

BENJAMIN ONG  |  FRIDAY, 25 FEB 2022
... Both the benchmark S&P/ASX200 index and the All Ordinaries index plunged by 3.0% on the day with FactSet reporting that, "Selling was indiscriminate with 11 stocks declining per advancer". This is understandable given the uncertainty Russia's invasion ...

Record FUA, revenue for Praemium

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... corresponding year. The results reflect the performance of Powerwrap, which was acquired in 2020. Praemium is in the process of selling its international business to Morningstar for $65.1 million, which comprises operations in the United Kingdom, Jersey ...