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Showing 2611 - 2620 of 28255 results for "NOT"

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... investigation into XTrade found that several vulnerable clients were encouraged to trade in CFDs in circumstances where they could not afford to do so or had limited trading experience resulting in significant losses to some consumers. ASIC's investigation ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... remains that everyone is slowing their expenditure. They might still be spending but the growth rate in their expenditure is not as great as it was a year ago... It doesn't mean their spending is going down, it's just not growing as quickly as ...

ETFs dominate client portfolios: Study

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... the FIRE movement, DIY investing, and "finfluencers" exposing consumers to financial products and strategies that may or may not be right for their situations, some consumers might need help understanding this mainstay of financial instruments," the ...

Who is the highest paid S&P500 company chief?

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... semiconductor company Advanced Micro Devices, was the highest-paid woman for the fifth consecutive year with US$30.3 million. Not far behind was General Motors' Mary T. Barra at US$27.8 million and Citigroup's Jane Nind Fraser. The communication ...

Hostplus rejigs Maritime Super insurance

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
Hostplus has updated its insurance terms for its Maritime Super members who joined the fund last year. Hostplus said insured Maritime members will have access to improved terms and conditions thanks to its large and growing membership base, which allows ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... the Court relieved Block Earner from liability to pay a penalty on the basis, among other things, that it acted honestly and not carelessly when it offered the Earner product," ASIC said in response to the verdict. "ASIC took this case because it was ...

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
... requirements." EQT has until 3 July 2024 to pay the fine, APRA said. EQT said it accepted the required reporting standards were not met and recognised the importance of accurate and timely data required by the regulator. "Importantly, no members were ...

Monochrome launches Bitcoin ETF amid first-mover dispute

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
Monochrome Asset Management has launched an Australian Bitcoin exchange-traded fund (ETF). The ETF, which holds Bitcoin directly, is now available for trading on the Cboe Australia exchange. The Monochrome Bitcoin ETF's (CBOE: IBTC) holdings are stored ...

Higher-for-longer rates dominate adviser conversations

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
... tax on earnings corresponding to the portion of their superannuation balance above $3 million," he said. "While the tax is not yet law, many advisers have been on the front foot and have already discussed this proposed change with clients. For those ...

Emissions data demand drives tech growth

ROSE MARY PETRASS  |  TUESDAY, 4 JUN 2024
... greenwashing, chief executive Carl Prins said. The regulator is scrutinising green claims, and investors need to ensure data does not rely on estimates. Clients want to "move away from sectoral estimates as fast as possible", Prins said - especially ...