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Showing 3361 - 3370 of 28255 results for "NOT"

AUSIEX, Saxo launch new adviser trading solution

CHLOE WALKER  |  THURSDAY, 28 SEP 2023
... platform, and ensure it continues to be a leading solution for advisers, brokers and self-managed superannuation funds (SMSFs) by not only enabling advisers to trade international equities alongside domestic securities, but also benefit from integrated ...

Australia's wealth gap deepens: Report

CHLOE WALKER  |  WEDNESDAY, 27 SEP 2023
... The largest contributor to the overall increase in wealth inequality over the period was superannuation, ACOSS said. While not as concentrated in the hands of the wealthiest households as shares or investment property, the overall value of superannuation ...

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... Superannuation, taking on its $1.4 billion in funds under administration and more than 19,000 members. The terms of the deal were not disclosed. It's been described as a transformational step for Betashares, expanding its business beyond ETFs and ...

Coolabah Capital launches new active ETP

ANDREW MCKEAN  |  WEDNESDAY, 27 SEP 2023
Coolabah Capital Investments has launched a short-term income fund, capturing opportunities in mispriced cash and bond markets on Cboe. The Cboe Australia-listed Coolabah Short Term Income Fund (FRNS) aims to offer daily liquidity returns that exceed ...

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... an authorised representative of Sanlam Private Wealth, the AFSL which authorised Bobbob to offer the product. Bobbob will not provide financial services to retail clients for 12 months, and Goldberg will himself, not provide, and not be involved in managing ...

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
AMP is appealing the Federal Court's Buyer of Last Resort (BOLR) ruling that determined in favour of AMP Financial Planning advisers who saw the valuations of businesses slashed by 40%. AMP filed a Notice of Appeal in the Federal Court yesterday ...

EQT launches new wholesale fund down under

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
The Swedish investment giant's new fund, EQT Nexus, offers Australian wholesale investors access to its diverse private markets fund. The open-ended fund, managed full-time by two portfolio managers, invests in a range of EQT funds spanning mature ...

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... September 22, Justice Lonsdale charged Sebo with 36 counts of stealing from clients' accounts. "I find that the offending was not just opportunistic. It was planned and it was persistent," Justice Lonsdale said. "You deliberately started out stealing ...

ANZ hit with $15m penalty for misleading customers

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... efficiently, honestly, and fairly. "These are errors that we expect a bank to be aware of and fix in a timely manner. It should not have taken ANZ several years to address this issue," Court said. "ASIC will continue to take action against banks who ...

Licensees shun remediation obligations: ASIC

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... when the licensee reasonably suspects the misconduct or failure first occurred and caused loss to a consumer. Licensees did not always consider beneficial assumptions as a mechanism to enable efficient remediations, ASIC found. Beneficial assumptions ...