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Showing 291 - 300 of 3869 results for "August"

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... application for serious financial hardship had not been successful. Klein initially worked in the same division in Sydney from August 2017 and transitioned to the London branch in October 2018. Macquarie detected the issue on 23 February 2022 and reported ...

ASX says CHESS Release 2 costs to hit $320m

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... escalating costs come after the Australian Securities and Investments Commission (ASIC) launched proceedings against the ASX in August for allegedly making misleading statements related to the CHESS replacement project. ASIC alleged statements made in ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... entire process," Kerlin said. "With the changes the fund has made we have seen a 53% reduction in long standing claims since August 2023." The fund expects the death claims remediation program will be substantially completed by the middle of next year ...

Australian Unity Office Fund to be wound up

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... Estate Limited (AUIREL) has told investors it will delist and wind up the Australian Unity Office Fund (AOF), as flagged in August. The proposal involved the disposal of AOF's main undertaking and the cessation of AOF's real estate investment business ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... regulation," the fund said. O'Mara is a re-nomination and former CFMEU ACT boss. He had resigned from the Cbus board on August 27 and was renominated by the union on September 13. "Jason has extensive experience in super fund governance, tax and ...

ASX files defence against ASIC proceedings

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... replacement project. The ASX filed a Concise Statement in response to the proceedings brought by ASIC in the Federal Court on August 13. ASIC has alleged that the ASX made statements on 10 February 2022 relating to the previous CHESS replacement project ...

HNWIs demand alternatives, platforms lack access

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... diversify into alternatives but their platforms make it difficult to do so, a survey conducted by CoreData and Praemium between August and September found. Nearly one third (30%) of financial advisers focused on wealthy clients found it difficult to ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... it to ASIC within 30 days as required under the reportable situations regime. ASIC says when the issue was reported in August 2023 and September 2023, Cbus wrongly claimed the issue was not ongoing and made other misleading claims, including that it ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
... partner with third parties that operate in asset classes that it currently does not invest in, a strategy flagged in late August. Elaborating on the plan today, Peters said the latter strategy is different to Pinnacle's business model and Magellan's ...

FCA changes bonds, derivatives transparency rules

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... investment funds and allow fund managers to combine payments for research with trade execution subject to certain guardrails. On August 1, the FCA rolled out new rules to give institutional investors more flexibility on how they purchase investment research. ...