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Showing 261 - 270 of 4085 results for "Conduct"

HNW clients demand more non-custody assets: Study

KARREN VERGARA  |  WEDNESDAY, 12 MAR 2025
More high-net-worth (HNW) clients are investing in non-custody assets as 75% of financial advisers report a growing demand in unique opportunities such private equity and other alternatives, a new survey from Praemium finds. Such assets comprise an ...

Swiss fund manager expands in Australia

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
... strengthens our regional presence and unlocks exciting investment opportunities for our current and future investors. We will conduct due diligence and hope to conclude the deal as early as practical," he said. The transaction is due to finalise around ...

Former AMP licensees rebranded as Akumin

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAR 2025
Entireti has unveiled the go-forward name of its NewCo subsidiary, home to all the financial advice brands previously owned by AMP. The business will now be known as Akumin, "inspired by the professional judgement, discernment and acumen of the experienced ...

Treasury responds to CHESS replacement inquiry

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
Treasury has released its response following the Parliamentary Joint Committee on Corporations and Financial Services report, Competition in clearing and settlement and the ASX CHESS Replacement Project: The CHESS Replacement Project is too important ...

ClearView Wealth's profit bleeds 22% in HY25

MATTHEW WAI  |  FRIDAY, 28 FEB 2025
... its gross premium target to $440 million, which was previously $400 million. Additionally, ClearView's board intends to conduct a share buyback for up to 10% of share capital over the next 12 months (in lieu of dividends), given the significant discount ...

Global active equity managers suffer their worst year in decades

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
Global active equity managers faced their toughest year in over two decades in 2024, according to Frontier Advisors. Frontier Advisors said heightened market concentration and US equity dominance created formidable headwinds, with most managers struggling ...

ASIC bans Brisbane-based financial services director

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
... in the restructure and diminish the voting power of the other creditors. Lastly, ASIC said Aardoom engaged in dishonest conduct by reducing the purported loan in the restructuring plan to ensure that the total liabilities of JB Markets remained under ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... legislation, and are intended to implement existing regulatory expectations, set by the Council of Financial Regulators, for conduct in operating clearing and settlement services in Australia. ASX engaged constructively with ASIC during the consultation ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... misconduct, significantly uplifted its obligations and incident management systems and processes in an effort to ensure this conduct does not recur" and took this into account. In 14 days' time AustralianSuper must also publish the determination ...

Convicted adviser fails to appeal prison sentence

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
... have his dishonesty conviction and prison term overturned. Grimm pleaded guilty to three counts of engaging in dishonest conduct whilst running a financial business on 20 January 2023, and was sentenced to 18 months' imprisonment on 5 September 2024. ...