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Showing 341 - 350 of 4161 results for "Conduct"

ClearView Wealth's profit bleeds 22% in HY25

MATTHEW WAI  |  FRIDAY, 28 FEB 2025
... its gross premium target to $440 million, which was previously $400 million. Additionally, ClearView's board intends to conduct a share buyback for up to 10% of share capital over the next 12 months (in lieu of dividends), given the significant discount ...

Global active equity managers suffer their worst year in decades

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
Global active equity managers faced their toughest year in over two decades in 2024, according to Frontier Advisors. Frontier Advisors said heightened market concentration and US equity dominance created formidable headwinds, with most managers struggling ...

ASIC bans Brisbane-based financial services director

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
... in the restructure and diminish the voting power of the other creditors. Lastly, ASIC said Aardoom engaged in dishonest conduct by reducing the purported loan in the restructuring plan to ensure that the total liabilities of JB Markets remained under ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... legislation, and are intended to implement existing regulatory expectations, set by the Council of Financial Regulators, for conduct in operating clearing and settlement services in Australia. ASX engaged constructively with ASIC during the consultation ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... misconduct, significantly uplifted its obligations and incident management systems and processes in an effort to ensure this conduct does not recur" and took this into account. In 14 days' time AustralianSuper must also publish the determination ...

Convicted adviser fails to appeal prison sentence

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
... have his dishonesty conviction and prison term overturned. Grimm pleaded guilty to three counts of engaging in dishonest conduct whilst running a financial business on 20 January 2023, and was sentenced to 18 months' imprisonment on 5 September 2024. ...

Australians don't trust politicians with their super: FSC

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
Australians overwhelmingly distrust the government on superannuation taxes and are wary of placing their confidence in the opposition, according to a new nationwide poll. The nationally representative poll, commissioned by the Financial Services Council ...

Jones flags drafting of Tranche 2 legislation

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... into the Shield Master Fund is one such example - though regrettably it's not an isolated one. It reflects a pattern of conduct we are seeing all too frequently," he said. "This pattern commonly involves telemarketers recruiting consumers before passing ...

Execs face shareholder backlash over pay: Georgeson

ROSE MARY PETRASS  |  TUESDAY, 11 FEB 2025
... shareholder unhappiness with executive pay: they may also reflect dissatisfaction with a company's governance, culture, conduct or financial performance," Paul Murphy, Georgeson head of ESG for Asia Pacific, said. "Georgeson strongly encourages companies ...

Australian super assets set to become second largest globally: WTW

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
Australia's superannuation assets have jumped 500% over the last 20 years and are on track to become the second-largest pension market globally by 2030, the WTW's Thinking Ahead Institute predicts. Australia's superannuation assets reached more than ...