Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 1292 results for "Request"

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
... of superannuation funds seeking judicial opinions to contravene this provision." One example of this is Cbus making a request to the Supreme Court to allow it to change its rules and create a pool that pays for future fines. Other funds including Active ...

State Street on how it will vote

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
The US $3.5 trillion asset manager State Street Global Advisors has released its annual proxy letter to portfolio companies, putting ASX-listed companies on notice. The letter advises companies on SSGA's voting priorities and intentions. As expected ...

Retail super fund to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 11 JAN 2022
A retail superannuation fund offered to customers of several small players in Australia's banking sector will close in March. Credit Union Building Societies Superannuation, known as CUBS Superannuation, is a retail offering overseen by Equity Trustees ...

Shoddy exam feedback fuels adviser stress

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
Financial advisers who failed the mandatory examination multiple times are slamming FASEA's feedback process, claiming it is inconsistent and fails to help them stay in the industry. As the failure rate continues to balloon, advisers making genuine ...

February 2022 adviser exam dates released

KARREN VERGARA  |  MONDAY, 20 DEC 2021
... results revealed a new low - only 52% of the 2129 advisers that sat it passed. Candidates who sat the exam and failed can request ACER to re-mark their written responses by December 31. ASIC will soon publish more resources for advisers, including information ...

Magellan loses significant mandate

ELIZABETH MCARTHUR  |  MONDAY, 20 DEC 2021
Magellan Financial Group has lost a key mandate from UK wealth manager St James' Place. After requesting a trading halt Friday afternoon, this morning Magellan confirmed to the ASX that it had lost the mandate from St James' Place. The company's share ...

La Trobe fined for misleading investors

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
La Trobe Financial has been fined for misleading investors in its $5 billion fund. The Federal Court has ordered La Trobe Financial Asset Management to pay a $750,000 penalty for false and misleading marketing of the La Trobe Australian Credit Fund ...

Advisers optimistic for 2022: Research

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
Financial advisers expect Aussie equities to deliver capital gains of 3.5% over the next 12 months, according to new research. The latest study from Investment Trends shows financial advisers are much more optimistic about local shares than they were ...

Guidance on financial risks of climate change released

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
... values, but they don't always have a good understanding of how to respond," he said. "CPG 229 is a direct response to their request for more clarity about regulatory expectations and examples of better industry practice." Recognising the diversity of ...

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
A plaintiff in the Piper Alderman-led class action against Dixon Advisory is attempting to ring fence the $7.2 million civil penalty determined by ASIC. Kosen-rufu, an applicant in a class action against Evans & Dixon (now E&P Financial Group) and subsidiary ...