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Showing 311 - 320 of 1038 results for "ARI"

82% of advisers pass August FASEA exam

ELIZABETH MCARTHUR  |  THURSDAY, 1 OCT 2020
FASEA has released the results of the August exam, with 82% passing. The results mean 46% of advisers on the ASIC Financial Adviser Register have now passed the compulsory exam. A total of 1521 advisers sat the exam. FASEA did not reveal how many advisers ...

Advisers shift to ETFs from active managers: VanEck

ELIZA BAVIN  |  TUESDAY, 29 SEP 2020
Financial advisers are increasingly using exchange traded funds (ETFs) over concerns about the cost and performance of actively managed funds, according to VanEck. VanEck's fifth annual smart beta survey revealed 87% of advisers use ETFs in client ...

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
The corporate watchdog has released a report into its findings on debt capital raisings following two years of surveillance of market practices. ASIC's 668 Report noted that while a properly functioning debt capital market (DCM) is vital for the real ...

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws. As part of the agreement with AUSTRAC, Westpac has admitted to additional contraventions that were outlined ...

CalPERS scrutinises CIO personal investments

KARREN VERGARA  |  THURSDAY, 17 SEP 2020
The California Public Employees' Retirement System wants to impose tighter rules that will scrutinise and ultimately dispose the investments chief's personal holdings should conflicts of interest arise. The board of CalPERS is set to introduce ...

Investors welcome Rio resignations

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
Chief executive of Rio Tinto, Jean-Sebastien Jacques, will step down following pressure from investors and indigenous leaders over the destruction of the Juukan Gorge in May. Rio Tinto said the decision was made following the board review of the company's ...

ISPT writes down assets

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
Industry Super Property Trust has spoken of the substantial devaluations a recent review of its holdings resulted in, as it processes about 1400 requests for rental relief. Appearing before the House of Representatives Standing Committee on Economics ...

Iress adds to executive team

ANNABELLE DICKSON  |  WEDNESDAY, 9 SEP 2020
Financial services technology company Iress has appointed a chief product officer with over 20 years' experience in software product leadership. Joydip Das will join the leadership team based in Melbourne on September 14 and will report to Iress ...

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
The Reserve Bank of Australia (RBA) kept domestic interest rates unchanged - the targets for the official cash rate at 0.25% and the yield on 3-year Australian Government bonds at 25 basis points - at its September meeting, as expected. What came as ...

ASIC names operations, risk leads

KARREN VERGARA  |  MONDAY, 31 AUG 2020
The corporate regulator has made two senior appointments to lead its operations and risk management units. ASIC promoted long-serving employee Warren Day to the newly-created role of chief operating officer after serving as the executive director of ...