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Showing 371 - 380 of 1883 results for "CIRC"

US regulator sues crypto giant, chief executive

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
Binance and its chief executive Changpeng Zhao have been charged by the Commodity Futures Trading Commission (CFTC) following claims of "willful evasion of US law." The CFTC announced it filed a civil enforcement action in the US District Court against ...

ASX chief churn increases: Analyst

CASSANDRA BALDINI  |  MONDAY, 27 MAR 2023
ASX-listed firms are experiencing a high turnover in chief executive and investors should be on the lookout. Pendal Australian equities investment analyst Elise Mckay explained the spate of leadership changes can be a warning sign of underlying issues. ...

Former AMP adviser pleads guilty to dishonest conduct

KARREN VERGARA  |  MONDAY, 27 MAR 2023
A former AMP representative, who falsified information when providing superannuation and insurance advice, has pleaded guilty to three charges of dishonest conduct and is due to be sentenced. David Fong, who operated Fong Financial Planners, pleaded ...

Menopause: The silent economic crisis

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
For most of us, women's reproductive concerns remain taboo in the workplace. However, with menopause estimated to be robbing women of at least $17 billion in retirement, calls for mandated menopause leave are growing. It's commonly accepted ...

Super funds are lousy at communications: Strategist

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
Marketing strategist Toby Ralph says super funds must overhaul their member communications, as the days of arranging cohorts by demographic are long gone. Addressing the crowd at the Conference of Major Superannuation Funds (CMSF) in Melbourne, Ralph ...

ASIC consults on sunsetting class orders

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
ASIC is consulting on the potential remaking of class orders related to managed investment schemes and corporate directors of corporate collective investment vehicles. Class Order [CO 13/519] Changing the responsible entity ; and Class Order [CO 13/656] ...

Super a big national advantage: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
Addressing the Conference of Major Super Funds in Melbourne this morning, Treasurer Jim Chalmers said the superannuation system is one of the reasons he feels optimistic about the future of the economy, though remained realistic about possible challenges ...

New relief for reissued life policies

KARREN VERGARA  |  MONDAY, 20 MAR 2023
ASIC is providing life insurers a conditional relief that will last five years in circumstances where a policy needs to be reissued. The conditional relief pertains to Design and Distribution Obligations for financial products issued before 5 October ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
UBS has agreed to acquire the embattled Credit Suisse for $4.8 billion. As part of the deal, the Swiss National Bank (SNB) will provide an additional $160 billion (CHF 100 billion)) in liquidity assistance to support the merge. UBS plans to appoint ...

Early super release scheme a mistake: ISA

ANDREW MCKEAN  |  FRIDAY, 17 MAR 2023
Industry Super Australia (ISA) has warned against repeating the early release of super scheme that gave unrestricted access to retirement savings. The early release of super scheme allowed individuals to withdraw up to $20,000 of their retirement savings ...