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Showing 281 - 290 of 1297 results for "Request"

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 ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
... essential workers serving our community at all hours are those taken advantage of by this super fund." In response to a request for comment, a spokesperson for QSuper told Financial Standard : "QSuper has no comment on a matter before the courts."

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... APRA regulated super funds have been required to transfer members to SMSFs within three business of the member making a request. Head of Stake Super Kris Kitto said over the last seven weeks Stake has submitted more than 100 transfer requests to industry ...

Hume throws shade at trustee rainy day funds

KARREN VERGARA  |  MONDAY, 22 NOV 2021
... courts seeking permission to charge members a new fee that builds a financial contingency reserve. Cbus recently made a request to the Supreme Court to allow it to change its rules and create a pool that pays for future fines. Hume told an AFR conference ...

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
The Australian Prudential Regulation Authority (APRA) has issued a discussion paper seeking information from superannuation trustees on their plans to maintain the financial resilience needed to protect members' best financial interests. APRA's prudential ...

Cbus to create rainy day fund to cover fines

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
Despite not currently facing any fines or penalties, Cbus has made a request to the Supreme Court for permission to change its rules to create a special pool of capital to pay any future fines. Following changes to the Superannuation Industry (Supervision) ...