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Showing 4001 - 4010 of 28255 results for "NOT"

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 ...

Aware Super restructures investment team

ELIZABETH FRY  |  FRIDAY, 17 MAR 2023
... income in both domestic and global markets. "He will also be pivotal in delivering a securities finance strategy that will not only originate but structure trades to optimise collateral and liquidity to generate returns for the fund." The income and ...

BT's Advance AM hit with stop orders

JAMIE WILLIAMSON  |  FRIDAY, 17 MAR 2023
... Multi-Blend Fund. The funds, which have a combined $4.2 billion in assets under management, were found to have TMDs that did not meet the appropriateness requirements under the design and distribution obligations. ASIC said they were "broadly drafted" ...

Advice group chief fakes exam result, banned

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... document to ASIC. During the nine months that followed, Karamian provided personal advice to 11 retail clients when he was not authorised to do so. Karamian was deemed incompetent and not a fit and proper person to provide financial services. He is banned ...

E&P Investments hunts new RE

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
E&P Investments is seeking proposals for a responsible entity to replace itself as responsible entity for six of its managed investment schemes, including the US Masters Residential Property Fund. E&P Investments is currently responsible entity for ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... backstop to Credit Suisse to reassure investors. "The SNB and FINMA assert that the problems of certain banks in the US do not pose a direct risk of contagion for the Swiss financial markets," the statement said. "The strict capital and liquidity requirements ...

Fixed interest ETP issuers hit the gas

CHLOE WALKER  |  THURSDAY, 16 MAR 2023
Fixed interest ETPs were the fastest growing asset class in Australia last year, according to Rainmaker Information. In its latest ETP Report, Rainmaker found in the 12 months to December 2022 the fixed interest (FI) sector grew by 16% to $16 billion ...

Super fund reaches dispute settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAR 2023
An ASX-listed manufacturing company has settled with an industry superannuation fund over cancelled plans for a metal powders plant. Amaero International reached a settlement with MTAA Super - now Spirit Super - over a dispute regarding the lease of ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
... despite volatility in both the bond and equity markets, they don't think SVB will cause wider problems. "We believe this is not a systemic risk. While being a negative for the market, the SVB failure is more of an idiosyncratic story rather than ...

Wealth managers bracing for compensation claims

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
... manage assets of around $232 billion, believe there will be pressure on them over the next five years to compensate clients for not doing enough to understand client risk suitability. The behavioural finance experts found that 77% expect regulatory change ...