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Showing 221 - 230 of 1333 results for "Corporations"

I can only apologise: PwC boss

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
... proposals have no teeth. "They offer no transparency, and none of the obligations that exist for the hundreds of corporations out there in Australia who are required to tell the Australian public how they are governing themselves and what their outcomes ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... lenders account for 5% of the financial system's total assets, issued in equal parts by registered financial corporations (RFCs) and managed investment funds (including hedge funds). Credit provided by managed investment funds topped $240 billion ...

AMP shareholder class action settlement slashed

KARREN VERGARA  |  MONDAY, 9 OCT 2023
... The plaintiffs argue that AMP was obliged to disclose such information when it first became aware of it under the Corporations Act, and consequently resulted in losses to shareholders who purchased or acquired an interest in the securities between 10 ...

Provide Capital ordered to produce documents

CASSANDRA BALDINI  |  THURSDAY, 5 OCT 2023
... came under the watchdog's surveillance in March last year, after concerns were raised that it breached both the Corporations Act 2001 and the ASIC Act. Court documents state that the alleged breach was connected to Provide's offering of investment ...

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... the new level of disclosure is broadly consistent with what is required of superannuation funds as set out in the Corporations Amendment (Portfolio Holdings Disclosure) Regulations 2021. In August, Future Fund posted a 6% return in FY23, well-below its ...

VanEck to launch three fixed income ETFs

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... Australian government and semi-government bonds. The Australian government and its state and territories' treasury corporations are highly rated and provide dependable income. "Investors can position their portfolios using our new ETFs to minimise ...

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
... tests candidates in three core areas: financial advice regulatory and legal obligations, including Chapter 7 of the Corporations Act, the Anti-Money Laundering and Counter-Terrorism Financing Act, the Privacy Act and the Tax Agent Services Act; applied ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... qualification standards by that date cease to be a relevant provider and will face civil penalty sanctions for breaching the Corporations Act if they continue to provide personal financial advice. Previously, new entrants must complete an approved qualification ...

Janus Henderson launches new fund

CASSANDRA BALDINI  |  TUESDAY, 5 SEP 2023
... Equity Fund to local investors, the result of increased client demand. The fund provides exposure to countries and corporations at different stages of economic and political development, targeting a total return before fees of 2.75% above the MSCI Emerging ...

ASX profits hit by CHESS setbacks, acts on review findings

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
... examining whether ASX and its subsidiaries, along with its directors and officers, violated the ASIC Act 2001 and Corporations Act 2001. ASIC is focusing on the oversight of the program and the accuracy of statements and disclosures made by the ASX about ...