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Showing 3701 - 3710 of 28255 results for "NOT"

FinClear partners with trading platform

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
... easy and cost-effective way, Webull Australia chief executive Rob Talevski said. FinClear chief executive David Ferrall said not only is this another fantastic partnership for FinClear, the significance of Webull planning to provide Australian listed ...

King's birthday honours for industry executives

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... (through the Schwartz Family Office). Former Aware Super board member and trustee Steer has been a longstanding leader in the not-for-profit sector in Australia and globally, having founded UNHCR in Australia in 2000. Tupicoffs managing dierctor Neil ...

Director banned for eight years

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... Pleasure Point Mine Unit Trust, on similar terms to their existing investment," ASIC said. "Investors that accepted the offer did not receive certificates or appear on the Unitholder Register." Additionally, ASIC said, Fox represented that he had gifted ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... their clients," he said. "With each superfluous rule, the cost of providing advice has increased. And consumer outcomes have not improved." CHOICE was pleased with how the government omitted large institutions from providing advice for the meantime. ...

Hostplus closes infrastructure, property options

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2023
Hostplus is closing its infrastructure and property investment options, redirecting roughly $300 million in assets to balanced options. At the same time, it's introducing six new investment options, two of which are indexed. The $100 billion industry ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... will either be simplified or removed. Jones said "clarifying that monetary or non-monetary benefits given by a client are not conflicted remuneration along with the removal of consequential exceptions", in accepting Recommendations 13.1 and 13.3. Under ...

Treasury mandates APRA consider climate risks in duties

RACHEL ALEMBAKIS  |  FRIDAY, 9 JUN 2023
Treasury has released an updated statement of expectations for APRA which includes the adoption of climate reporting standards by super funds, banks and insurers. "For the first time, the government is explicit in requiring the regulator to consider ...

Former BBY operations lead sentenced

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... client contracts to the bank to support the requests for the additional funding, ASIC said. She did this while knowing BBY was not entitled to draw down $4.4 million on 28 June 2013; draw down an average of $3.53 million each day between November 2014 ...

Perth-based Ponzi scheme shut down by court

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... the business was established in 2006 and states: "When you deal with MKS, you are dealing with a long-term business partner, not a run-of-the-mill service provider. Our word is our bond, and we take pride in shaping trust with our clients." Kaur's son ...

ETP investors struggle to pick winners

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... leveraged bear market equities and crude oil. These strategies are mainly used to offset other portfolio or business risks and not usually meant to be held long term. For fixed interest products and cash, the difference between MW and TW returns was ...