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Showing 3061 - 3070 of 28255 results for "NOT"

Advisers urged to check ASIC registration status

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
... approaching, the Financial Advice Association Australia (FAAA) says there's close to 6000 financial advisers who are still not registered with ASIC. Under the Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021, all relevant ...

Spheria mulls converting emerging companies LIC

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... for units in the Spheria Australian Smaller Companies Fund. This fund, sharing a similar strategy and portfolio with SEC, is not currently exchange-quoted but is expected to pursue listing on the Australian Securities Exchange (ASX). The board's ...

Macquarie consortium bids for technology firm

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
Macquarie Capital, as part of a consortium, is attempting to take over a global software and technology company for about $1.5 billion. The consortium that also comprises Stirling Square Capital Partners and TA Associates via Giant BidCo want to acquire ...

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... ASX-listed firm said the exit of advisers in the last quarter of 2023 had an "abnormally large impact" on its performance. It did not specify how many advisers left to join non-Powerwrap licensees. In the half-year period, outflows on Powerwrap built ...

J.P. Morgan pays US$18m over whistleblower rule breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2024
... about settlements or credits they were paid. Under the agreements, issued between March 2020 and July 2023, clients could not discuss underlying facts related to the settlements or information related to the account in question. Most damning, the documents ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... the liability settings must be proportionate so that companies making disclosures on a good faith best endeavours basis are not the subject of litigation. Ultimately this is what the government's legislation must be calibrated to achieve," Rigotti ...

Commonwealth Super Corp reworks admin fees

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2024
... CSC we're committed to keeping our fees affordable for all our customers. Despite rising costs, our administration fees have not changed in four years... The fee changes we're making will help fund the types of enhancements customers should expect across ...

JANA wins another NFP mandate

KARREN VERGARA  |  TUESDAY, 16 JAN 2024
... provide services that include strategic advice, manager research, portfolio construction, as well as ESG consultancy. JANA did not disclose the total amount it is advising on. UFS aims to ethically invest accordingly with the Uniting Church's mission. ...

SimCorp names new country manager for Australia

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
SimCorp has appointed Enzo Cotroneo as its new country manager for Australia, tasking him with spearheading business development and the strategic direction for the investment firm's growth in the local market. Cotroneo, who's appointment took ...

Aussie ETF industry hits $177.5bn

CHLOE WALKER  |  TUESDAY, 16 JAN 2024
The local ETF industry ended 2023 at an all-time high, with a total industry market capitalisation of $177.5 billion, setting it up to exceed $200 billion this year. According to Betashares' latest Australian ETF Review, the industry saw 33% growth ...