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Showing 271 - 280 of 1668 results for "Register"

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... actions available to it, providing a written reprimand," he said. A reprimand is not published on the Financial Adviser Register but is provided to an adviser's AFSL. "It's somewhat along the lines of saying, 'You didn't get this right ...

Vanguard reveals the premier asset class of the last 30 years

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
Vanguard has delivered a stark reminder of the resilience of long-term investing with its 22 nd annual Index Chart. Despite major global upheavals, including the COVID-pandemic, Russia's invasion of Ukraine, and the Global Financial Crisis, Australian ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
BNP Paribas Securities, Moelis & Company, and Wells Fargo are among 11 firms that copped massive fines that totalled US$289 million ($442m) after the Securities and Exchange Commission (SEC) found that they used personal apps to conduct business. From ...

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... misconduct will be protected. The TPB will also now have up to 24 months to complete complex investigations and its public register of practitioners will be improved so that people have more transparency over agent and firm misconduct. "Legislation to ...

QIC buys Packhorse's last pastoral property

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
Queensland Investment Corporation (QIC) has purchased the last asset in the Packhorse portfolio as it continues to grow its natural capital platform. The Stuart's Creek property, located north-west of Roma, was sold by Packhorse as a beef grazing operation ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
Financial advice firms are "problematically" sidestepping compensation payments after the Australian Financial Complaints Authority (AFCA) hands down a decision, using the excuse that they do not have professional indemnity insurance (PII). Out of 5400 ...

Regal chases Pacific Current Group, GQG plans bid

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... $10.77 per share. In total this represents a $388 million buyout offer. Already, Regal is a 12% shareholder on PAC's register and River Capital is PAC's largest investor sits on a 19% stake. "This proposal represents a transformational growth opportunity ...

ASIC continues to reprimand SMSF auditors

CHLOE WALKER  |  MONDAY, 24 JUL 2023
... and Malcolm Orman were disqualified from being SMSF auditors and their names have been added to ASIC's public banned register. They are ineligible to reapply for registration, although Funder has already requested a review of the decision by the Administrative ...

Regulators begin FAR consultation

CHLOE WALKER  |  THURSDAY, 20 JUL 2023
... documents released by APRA and ASIC include the proposed regulator rules that prescribe information for inclusion in the FAR register of accountable persons, including supporting detail about the ADI key function descriptions, as well as proposed transitional ...

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
AMP has delivered a return of 9.1% for members of its biggest superannuation product. The AMP MySuper 1970s investment option returned 9.1% for the financial year ending 30 June 2023. The lifecycle superannuation option, which uses a balanced growth ...