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Showing 361 - 370 of 2085 results for "Australian Securities"

Don't blame "churning" on advisers: Synchron

LAURA MILLAN  |  MONDAY, 20 APR 2015
... intervention or regulation and blaming all issues on the advice channel, the company said. In light of the Australian Securities and Investments Commission (ASIC) report and the Trowbridge report on risk advice, company executives Michael Harrison and ...

Big end of town to face Senate over bad advice

LAURA MILLAN  |  FRIDAY, 17 APR 2015
... cases of misconduct by CBA advisers and he tabled the motion for an inquiry into the performance of the Australian Securities and Investments Commission (ASIC) in mid-2013. "We need to know if banks have any evidence of criminal activity, fraud or forgery ...

ANZ sets up $30m compensation program for advice clients

LAURA MILLAN  |  THURSDAY, 16 APR 2015
... that clients have been able to schedule annual reviews since then. ANZ said it reported the issue to the Australian Securities and Investments Commission (ASIC) and set up a remediation program with PwC and law firm Clayton Utz as external consultants. ...

Van Eck ETFs added to CFS FirstWrap

ALEX BURKE  |  MONDAY, 13 APR 2015
... of institutions and intermediaries Matthew McKinnon. "For example MVW, which currently equally weights 73 Australian securities avoids stock concentration in the Australian market." He added, "Financial advisers are increasingly turning to ETFs based ...

Rebalancing almost leads to accidental takeover bid

DARREN SNYDER  |  TUESDAY, 31 MAR 2015
... for BlackRock accidentally purchasing more than 20% of Monadelphous Group recently. In a statement to the Australian Securities Exchange on March 25, BlackRock said a change in interests held by the company resulted in an increase of its voting power ...

Perennial fund rated by Lonsec, Zenith

STAFF WRITER  |  FRIDAY, 27 MAR 2015
... received a 'Recommended' rating from Lonsec and Zenith. The initial public offer for the fund's listing in the Australian Securities Exchange (ASX) opened on March 27 with a minimum raising target of $50 million. Lonsec noted that the WDE product design ...

Trowbridge releases final report

ALEX BURKE  |  THURSDAY, 26 MAR 2015
... and the Association of Financial Advisers (AFA), it was designed as an independent review following the Australian Securities and Investments Commission (ASIC) retail life insurance research - originally released in October 2014. It contains 11 recommendations ...

ASIC penalties 'like being hit with a lettuce leaf': Murray

LAURA MILLAN  |  WEDNESDAY, 25 MAR 2015
The penalties applied by the Australian Securities and Investment Commissions (ASIC) are so weak that they are like being hit with a lettuce leaf, Financial System Inquiry chair David Murray said. Speaking at a panel session at the ASIC summit, only ...

Getting SMSFs into infra not worth the effort

LAURA MILLAN  |  TUESDAY, 24 MAR 2015
... able to go into unlisted assets?" Lyon asked during a panel session on infrastructure investment at the Australian Securities and Investments Commission (ASIC) Summit in Sydney. "I think we're much better off focusing on driving the ongoing aggregation ...

Labor backs ASIC data retention authority

ALEX BURKE  |  MONDAY, 23 MAR 2015
... Mark Dreyfus voiced his support for amendments to the Government's data retention bill which authorise the Australian Securities and Investments Commission (ASIC) to retain telecommunications data for the purposes of investigating financial services ...