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Showing 341 - 350 of 3420 results for "Update"

Morningstar reveals top three undervalued stocks

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... external revaluation of the bulk of its assets estimated Dexus' book value dropped some 9% in the last six months. In an update to investors, Dexus said recent draft external independent valuations have resulted in a total estimated drop of about ...

Ascot Securities hit with infringement notice for 'serious failures'

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
... also considered that the deficiencies in Ascot's policies and procedures were exacerbated by its failure to review and update those policies, despite senior compliance staff considered them to be deficient. As a result, the MDP considered Ascot's conduct ...

ASIC calls out licensees: 'We will take action'

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Australian Securities and Investments Commission (ASIC) commissioner Alan Kirkland issued a blunt warning to licensees not meeting their obligations. Speaking at an industry event, Kirkland said the regulator has spent two years warning licensees to ...

Dexus sees $1.3bn wiped from portfolio value

JAMIE WILLIAMSON  |  THURSDAY, 20 JUN 2024
... external revaluation of the bulk of its assets estimates Dexus' book value has dropped some 9% in the last six months. In an update to investors, Dexus said recent draft external independent valuations have resulted in a total estimated drop of about ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
The Australian Prudential Regulation Authority (APRA) has released its finalised prudential practice guide to help superannuation trustees, banks and insurers strengthen their management of operational risk and improve business continuity planning. ...

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... proposes to remove the requirements for advisers to provide Fee Disclosure Statements as part of an ongoing fee arrangement, update record keeping obligations for new consent requirements, and remove references to civil penalties related to a fee recipient's ...

AustralianSuper bears brunt of complaints: AFCA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
AustralianSuper copped the highest number of complaints in the last six months of 2023 totalling 936, which was nearly three times more than other major super funds like Cbus, Australian Retirement Trust (ART), and Aware Super. New data from the Australian ...

EQT updates on Australian Executor Trustees acquisition

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
EQT Holdings has confirmed it has completed of one of two key strategies to achieve synergies when it acquired Australian Executor Trustees (AET). At the time of acquisition, Equity Trustees announced its intention to exit the AET platform business ...

Hostplus rejigs Maritime Super insurance

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
Hostplus has updated its insurance terms for its Maritime Super members who joined the fund last year. Hostplus said insured Maritime members will have access to improved terms and conditions thanks to its large and growing membership base, which allows ...

Australian Ethical updates investment guide

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024
Australian Ethical has updated its guide to ethical investing with several additions to further clarify what it considers before making an investment. The super fund added a list of positive and negative factors it considers in developing its criteria ...