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Showing 2451 - 2460 of 6264 results for "DET"

HESTA joins ESG social media fight

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
The $50 billion industry superannuation fund has joined a high profile group of international investors applying pressure to social media giants following the Christchurch terror attacks. HESTA announced it joined the campaign to force social media ...

Aussie instos among most responsible investors

HARRISON WORLEY  |  WEDNESDAY, 24 APR 2019
Two major Australian institutional investors are among the world's most responsible asset allocators, according to a new report. AustralianSuper and Victoria Funds Management Corporation were recognised for their commitment to responsible long-term ...

Former NAB adviser charged

JAMIE WILLIAMSON  |  TUESDAY, 23 APR 2019
A former NAB financial adviser has been charged with two offences following an investigation by ASIC. Max Kiattisak Eung of Tempe, New South Wales was charged with two offences of obtaining financial advantage by deception. It is alleged that between ...

ASIC bans Gold Coast adviser

ELIZABETH MCARTHUR  |  TUESDAY, 23 APR 2019
ASIC has banned a Gold Coast financial adviser from providing financial services for six years. ASIC found that Rodney Peters represented to clients that he had authority to engage in discretionary trading when this was not the case. Peters was previously ...

AFCA changes could impact PI cover cost: FPA

HARRISON WORLEY  |  TUESDAY, 23 APR 2019
The Financial Planning Association of Australia is urging AFCA immediately consider and investigate the potential impact of its proposed legacy claims rule on professional indemnity insurance, with fears the cost of PI cover may rise. The FPA is concerned ...

Colonial First State makes major fee cuts

KANIKA SOOD  |  THURSDAY, 18 APR 2019
Colonial First State has trimmed its platforms fees, in a move it says will save $68 million in annual fees for 500,000 members. The fee reductions apply across its FirstChoice Wholesale, FirstChoice Employer Super and FirstWrap Plus platforms. They ...

ANZ dismisses alleged job cuts

KARREN VERGARA  |  THURSDAY, 18 APR 2019
ANZ has denied reports it will cut 8000 jobs over the next three years. This was in response to an article from The Australian stating it obtained board discussions of executives that "canvassed reducing the bank's workforce by almost 20,000 to ...

APRA to up the ante

HARRISON WORLEY  |  TUESDAY, 16 APR 2019
APRA's new enforcement strategy will see it toughen up, but its safety-first approach will be retained. The prudential regulator released its new enforcement strategy alongside the enforcement review that commenced in November after its enforcement ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
Equity markets everywhere may not be climbing in a straight line, but they are climbing. This is happening against a backdrop of continued global economic and financial uncertainties. In its 'World Economic Outlook, April 2019' report - where ...

Chinese investment in Australia down 36%

ELIZABETH MCARTHUR  |  MONDAY, 15 APR 2019
A new report from KPMG has revealed a 36.3% reduction in Chinese investments in Australia, from $13 billion in 2017 to $8.2 billion in 2018. The report was produced by KPMG and The University of Sydney Business School looking at a dataset covering investments ...