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Showing 351 - 360 of 4158 results for "Conduct"

HPI rethinks Hostplus, Charter Hall takeover

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... accept the acquisition bid. Charter Hall and Hostplus told HPI they intend to be active major securityholders and will conduct a review of HPI's portfolio and management, as well as its distribution and capital management policies. "There is a risk ...

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... ASIC deputy chair Sarah Court said: "ASIC is committed to investigating people who engage in and profit from dishonest conduct. Mr Spina's sentencing should be a deterrent to those who operate outside of the law and whose actions can have a detrimental ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
... BrightAU Capital (trading as TradeFred) and Maxi EFX Global AU (trading as EuropeFX), engaged in systemic unconscionable conduct as well as a raft of other contraventions of the law between 2018 and 2020. The court heard customers of EuropeFX and TradeFred ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
AMP has dared to go where no super fund has gone, taking the plunge with a "modest allocation" to Bitcoin, even as other industry heavyweights stand resolute in their rejection of the digital asset. Last week, AMP senior portfolio manager Steve Flegg ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
Many superannuation trustees have been told they must improve their valuation governance practices, with APRA finding just 11 have dedicated valuation committees while others involve staff members whose remuneration is tied to asset values in the process. ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... payments for comparison. The publication of the report comes as the fund doubled down on calls for an industry code of conduct. Elia said the introduction of a mandatory industry code, guided by the regulators, would set clear expectations, and remove ...

ART beefs up analytics team

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... business cycles. Before the four years with VFMC, she worked at Latitude Financial as general manager of transformation, conduct and remediation. She was previously the head of ANZ Group Services and ran several of the lender's businesses, including ...

Morningstar hires research manager for super

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
Morningstar Australasia has recruited a manager to lead its superannuation research coverage on local asset owners. William Anglingdarma will support Morningstar's strategy to provide comprehensive superannuation fund ratings on fund fees, features ...

FAAA slams 'underlying issues' in CSLR

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... increased pressure from declining numbers. "Further pressure, such as the significant contingent liability posed by the poor conduct of wealth management companies and the impact this has on the CSLR will only make this situation worse," the FAAA said. ...

UniSuper has 'some work to get on with' on cyber front: Chair

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
UniSuper's leadership team has touched on how the fund is strengthening its operations following the extensive system outage in May this year. Speaking at the UniSuper Annual Members Meeting last night, chief executive Peter Chun thanked the $140 billion ...