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Showing 271 - 280 of 2080 results for "Australian Securities"

ASIC to be handed greater powers

MARK SMITH  |  TUESDAY, 20 OCT 2015
The government has said it will grant the Australian Securities and Investments Commission (ASIC) additional powers to effectively regulate the financial services sector. More than 10 months after the release of FSI chairman David Murray's final report ...

CBA refunds $7.6 million to 8400 customers

DARREN SNYDER  |  MONDAY, 19 OCT 2015
... AgriAdvantage Plus package holders. The failure occurred over several years and CBA reported the matter to the Australian Securities and Investments Commission (ASIC) under its breach reporting obligations in the Corporations Act. The package was launched ...

HUB24 refuses IOOF takeover

LAURA MILLAN  |  MONDAY, 19 OCT 2015
... intend to take any further action in relation to the proposal," HUB24 said in a written statement to the Australian Securities Exchange (ASX). IOOF had offered to acquire 100% of HUB24's shares for cash consideration of $2.75 per share. The buyout offer ...

Challenger annuity sales grow 12 per cent

DARREN SNYDER  |  FRIDAY, 16 OCT 2015
... 30 September 2015 totaled $884 million, with retail sales accounting for about 80%. In a statement to the Australian Securities Exchange (ASX), Challenger chief executive Brian Benari said the company is seeing "promising quote and initial sales volumes ...

CFAs told ASIC is for the consumer

DARREN SNYDER  |  WEDNESDAY, 14 OCT 2015
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft said the regulator has a significant number of individual surveillances underway at the big four banks, Macquarie and AMP. Speaking at the Chartered Financial Analyst (CFA) ...

IOOF behind HUB24 buyout offer

LAURA MILLAN  |  WEDNESDAY, 14 OCT 2015
... a proposal to acquire all of the shares of HUB24. Both companies confirmed the move in statements to the Australian Securities Exchange and HUB24 placed its shares in a trading halt on Tuesday, as it revealed that the company behind the indicative, non-binding ...

FPA helps advisers with life insurance

DARREN SNYDER  |  WEDNESDAY, 14 OCT 2015
... Practice to life-risk advice." FPA chief executive, Mark Rantall, said the guide incorporated elements of the Australian Securities and Investments Commission (ASIC) Life Insurance Advice Checklist and positioned this as best practice principles that ...

ASIC funding model needs "meat on the bones"

LAURA MILLAN  |  TUESDAY, 13 OCT 2015
... The organisation said that the government's consultation paper 'Proposed Industry Funding Model for the Australian Securities and Investments Commission' lacks detail about how the model would work, how it will benefit the industry and analysis of possible ...

Australian custody market grows to $2.8 trillion

DARREN SNYDER  |  FRIDAY, 9 OCT 2015
... the association's members were looking after assets worth around 176% more than the market value of the Australian Securities Exchange (ASX). Knights said the core purpose of ACSA - and indeed custodians - is to safeguard assets. "Growth in unlisted ...

CBA publicly welcomes former staff bans

MARK SMITH  |  THURSDAY, 8 OCT 2015
The Commonwealth Bank has publicly welcomed the Australian Securities and Investment Commission's (ASIC) decision to ban former CFPL financial planners, Sharnie Kent and Stuart Jamieson. In a press release issued by the bank it said it reported concerns ...