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Showing 291 - 300 of 3169 results for "Times"

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... for the super fund said it intends to defend the action in the Federal Court. "As a profit-to-member fund, Rest has at all times focussed on the best financial interests of members," the spokesperson said. "Rest's group insurance cover is and has always ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... will be set. The maximum penalty for Sandiford's offences is 15 years in prison or the greater of $945,000 or a fine three times the total value of the benefits, or both.

Vale Jason Milosevski

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2024
... "Jase always radiated something special with his warmth, enormous energy, and infectious enthusiasm. When we spoke in recent times, I was surprised to learn that he never fully realised the impact he had on PPS Mutual. "The adviser network that Jase ...

Actively managed, ESG funds top 2023 outflows

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... managed to bring in. Growth in sustainable investing between 2020 and 2022 that saw inflows of $79 billion (US$51.2bn) - six times more than non-ESG funds - reversed in 2023. About 80% of the boom came from actively managed strategies. In the last year ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... increased since 2016, with the maximum penalty for such conduct for a large entity now the greater of $782.5 million or three times the benefit derived. The bank will also pay ASIC's costs, amounting to $8 million. "This is a significant outcome which ...

ASIC makes adviser exam changes

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... enabling computer marking to replace manual marking. This reduces the cost of administering exams and improves response times for exam candidates to receive their results." "The government is committed to ensuring the exam remains a pillar of the financial ...

Australian Ethical super chief goes for growth in 2024

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... Ukraine and recent issues in the Middle East typically result in a run on energy-type stocks, which often have a sugar hit at times of market volatility," he said. "For investors like Australian Ethical, where we exclude a very significant part of those ...

Aussies want advice from their super fund: CFS

CHLOE WALKER  |  TUESDAY, 23 JAN 2024
... financial term, "equity", had an average of 9700 monthly searches, followed by "GDP", which was searched an average of 6000 times per month. The term "correlation" came in at number three, searched an average of 2850 times per month in Australia, while ...

Adviser registration deadline moves to February 16

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... advisers, to be registered. This does not include provisional relevant providers. The deadline date has been delayed several times for different reasons. ASIC warned that this will be the final extension and that it will focus its efforts on enforcing ...

Family offices love software: Report

CHLOE WALKER  |  WEDNESDAY, 17 JAN 2024
... family office investors last year. Family offices invested US$114.5 billion in computer software and services, which is three times more than the second-place sector consumer products (US$35.9 billion), followed by financial services (US$29.8 billion) ...