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Showing 3421 - 3430 of 28255 results for "NOT"

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... accounts as far back as February 2018 - at which time there was at least 43,605 members with more than one account - but did not sufficiently move to address the issue until late 2021 and early 2022. This is the first case to be brought by ASIC in its ...

Australian Retirement Trust hunts new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2023
Having successfully seen through the merger that created Australian Retirement Trust as well as several others that have swelled the fund to $260 billion, chief executive Bernard Reilly is set to leave. Reilly has notified the ART board of his intention ...

Investing in research generates threefold economic output

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023
... employees, reduction to franking credits, etc.). Further measuring the benefits such as the 'spill-over effect' is difficult, but not impossible. On that basis and without being able to comment on the $1:$3.32 figure arrived in the report, there is little ...

Life Sherpa rolls out investment solution

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2023
... advice is easily accessible and affordable. "Our model, which is focused on providing advice to salaried employees who may not be able to afford traditional advice, can deliver better outcomes if we can get those members into investment portfolios earlier ...

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
APRA has found early signs of change in the remuneration practices of financial services entities in a review of how Prudential Standard CPS 511 has been applied. In a letter to all APRA-regulated entities, the regulator said it was pleased with the ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... temporary relief, the RBA warned that despite inflation passing its peak, the labour market remained tight and future hikes are not off the table. "Some further tightening of monetary policy may be required to ensure that inflation returns to target ...

Spaceship launches US investing service

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2023
Spaceship users now invest as little as $10 in a range of US-listed ETFs and stocks. Launched yesterday, Spaceship's new US investing service is available to Spaceship Voyager customers for just $2 extra a month, who can execute unlimited trades with ...

Lumiant chief steps down

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
Lumiant's co-founder and chief executive has stepped down from day-to-day responsibilities to take a career break. Santiago Burridge remains as a director on the board of Lumiant as the fintech aggressively expands in the US market. Lumiant's US chief ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... derivatives found that most issuers produce deficient TMDs and fail to meet DDO. Based on its findings, ASIC warned that it will not hesitate to take further action on issuers that dismiss their regulatory obligations. ASIC found that some TMDs reviewed ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
The Financial Accountability Regime (FAR) passed the upper and lower houses of parliament yesterday, more than four years after it was first introduced. The Financial Accountability Regime Bill 2023 will apply to the banking industry six months after ...