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Showing 3941 - 3950 of 28255 results for "NOT"

Financial Advice Association Australia officially launches

KARREN VERGARA  |  MONDAY, 3 APR 2023
... leadership team comprising David Sharpe as chair and Michelle Veitch as deputy chair. AFA national president Sam Perera will not join the FAAA. "I have decided to refocus my time toward my family, staff and practice who have been patient with my absence ...

Taskforce exposes rising dangers for retail investors

ANDREW MCKEAN  |  FRIDAY, 31 MAR 2023
... non-user-friendly formatting, and delivery methods. "Scams, misconduct, and harmful practices targeting retail investors do not respect borders," ASIC chair Joe Longo commented. "In our own domestic experience, we see persistent challenges around the ...

AMP flags first strike on remuneration

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... is equivalent to 100% of her fixed salary of $1.7 million. "This means shareholder approval for the CEO's 2023 LTI award is not required under the ASX Listing Rules. Nevertheless, for good governance, the board has determined that it is appropriate to ...

Rating the rating houses: How much do advisers rely on fund research?

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... According to Main Street Financial Solutions principal and private client adviser Charles Badenach, the research, although not usually appreciated or read by clients, helps advisers meet legislative and professional obligations. "We rely on ratings houses ...

APRA investigates NobleOak capital adequacy breach

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... plan closely over the coming months". "NobleOak's non-compliance poses no immediate risk to members and policyholders. It is not connected to any recent financial market movements or developments," APRA said. LPS 117 forces life insurers to maintain ...

ASIC bans Gold Coast adviser

CHLOE WALKER  |  FRIDAY, 31 MAR 2023
... the substantive review of ASIC's decision. In reviewing a sample of financial advice provided by Matai, ASIC found it was not appropriate, and he prioritised his interests or those of his licensee over the interests of the client. According to ASIC ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... that the government was falling behind in the global race for cryptocurrency regulation. He criticised the government for not implementing a comprehensive licencing framework for the digital asset industry. In response, the Digital Assets Bill introduced ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... year." Bloxham added that beyond April, HSBC expects the RBA to keep the cash rate at 3.60% for several quarters. However, not all in the market are as positive as Bloxham. Despite agreeing that the decline is "unambiguously good news", GSFM investment ...

We sit at a watershed moment: Paton

CHLOE WALKER  |  THURSDAY, 30 MAR 2023
... recent failure of Silicon Valley Bank in the US. He said: "I will only briefly talk to the SVB story with these thoughts: it is not the story of a new Global Financial Crisis, and it is not a story of a banking sector in crisis." Rather, Paton said ...

Portfolio resistance is key: VanEck

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... to fall to 3.16% by December 2024." He further explained gold is the next lever and a traditional defensive asset. "It has not done a lot over the last two years, but since the beginning of March we have seen gold jump from US$1809 to $1977 on Thursday ...