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Showing 3051 - 3060 of 14212 results for "Interest"

Robinhood hit with record-breaking fine

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
... during peak market volatility. Robinhood was ordered to pay US$57 million and about US$12.6 million in restitution, plus interest, to thousands of customers. FINRA head of department enforcement Jessica Hopper said: "This action sends a clear message ...

ASIC consults on market integrity rules

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
The corporate regulator has opened consultation on proposed amendments to market integrity rules that aim to reduce the regulatory burden on participants. ASIC's Consultation Paper 342 Proposed amendments to the ASIC market integrity rules and other ...

ASIC looks to tighten crypto ETP oversight

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
ASIC is consulting on how exchange-traded products investing in cryptoassets can meet existing regulatory expectations, with the regulator particularly interested in identifying suitable cryptoassets for such products and ensuring good practice in terms ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... days after the Reserve Bank of Australia (RBA) kept monetary policy settings unchanged and repeated its assurance that interest rates will remain at the record low 0.1% "until 2024 at the earliest", three of Australia's 'Big Four' banks released ...

Adviser slapped with four-year ban

KARREN VERGARA  |  MONDAY, 28 JUN 2021
Another former Meritum Financial Group and InterPrac Financial Planning adviser has copped a ban from the corporate regulator. From 1 April 2021, ASIC banned Hobart-based Hannah Jennings from providing financial services for four years for failing to ...

Stonehouse acquires risk advice firm

KARREN VERGARA  |  MONDAY, 28 JUN 2021
Stonehouse Financial Group has acquired the books of a long-serving risk adviser who will leave the industry to pursue other interests. Financial adviser Greg Owen has sold his practice GJO Financial Services for an undisclosed amount to Jeremy Chiel ...

Aussie investors optimistic about returns

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... environment. Some major concerns for Australian investors as they look to the future are slow economic recovery (44%), low interest rates (42%) and market volatility (40%). However, one of the biggest unforeseen challenges is managing the gap between ...

Real estate AUM recovers

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
Australian real estate assets under management (AUM) dropped in 2020, but one manager has already signalled significant growth this year. The latest Fund Manager Survey by industry associations ANREV, INREV and NCREIF showed real estate AUM in Australia ...

Pandemic delays retirement plans

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
The coronavirus pandemic is forcing over one third of Americans to delay their retirement while a larger cohort are turning to part-time work to supplement their nest egg, a new survey finds. Those intending to retire over the next five years are putting ...

Cbus invests in NHFIC issues

KANIKA SOOD  |  THURSDAY, 24 JUN 2021
... sustainability bond is AAA-rated, government-guaranteed and offered investors like Cbus fixed rate of 2.335% for 15-year interest only loans to Community Housing Limited (CHL) over a 40-year project life. NHFIC two recent social bond issuances are targeting ...