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Showing 391 - 400 of 1595 results for "STOP"

ASIC provides relief to Victorian advisers

ALLY SELBY  |  TUESDAY, 22 SEP 2020
... timeframes (s962F of the Corporations Act)," the watchdog said. "Where an OFA terminates, the AFS licensee or representative must stop charging fees to the client (s962P of the Corporations Act) and inform the client in writing that the arrangement has ...

Chief economist update: Dan defeats second wave

BENJAMIN ONG  |  TUESDAY, 22 SEP 2020
Bitter and painful as the medicine may be, it's starting to work downunder. Melbourne's 14-day average of coronavirus infections continues to trend lower, this day at 32.8 persons - within the average 30-50 case rate that the Andrews government ...

Hostplus can't be killed: Sicilia

ELIZABETH MCARTHUR  |  FRIDAY, 18 SEP 2020
Hostplus chief investment officer Sam Sicilia has firmly rebutted speculation that COVID-19 and the early release of super scheme could have caused a liquidity crisis, detailing a series of extreme events that wouldn't "kill the fund". "There was never ...

Rest climate change case pushes ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
... mislead and deceive bond investors. A third newly filed case, Sharma v Environment Ministers will see students ask the court to stop the Vickery Extension Project - a Whitehaven Coal development - from going ahead.

ASIC can use RC evidence in RI Advice case

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 SEP 2020
RI Advice, an IOOF subsidiary, has failed in its attempt to stop ASIC using Royal Commission evidence in its ongoing case against the dealer group. ASIC's case against RI Advice and one of its former financial advisers, John Doyle, is currently playing ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... supply/demand equation in favour of higher prices (at best) or stable prices at current prices (at worst). But this failed to stop US oil futures contracts expiring on April 21 for May delivery sinking to minus US$36.98 a barrel as oil storages filled ...

ASIC drags Evans Dixon to court

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
... American real estate fund and a statutory loss of $30 million. In its FY20 results, it said its funds management business will stop seeding new real assets funds from retail clients, reduce the URF portfolio and wind down Dixon Projects. The company ...

LIC seeks conversion to ETF

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
In a rare move, a listed investment company is looking to convert to an ETF in an attempt to close discount for investors. The Monash Absolute Investment Company (MA1) wants to restructure to an exchange traded managed fund (ETFMF) to re-set the market ...

Vanguard fund drops "cash plus" name

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
Vanguard has joined the growing line of fund managers snipping the "cash plus" tag from their short-term fixed income funds, as ASIC sharpens focus on managed funds advertising. Effective October 1, the Vanguard Cash Plus Fund will be renamed the Vanguard ...

ASIC restrains Mawhinney

ELIZABETH MCARTHUR  |  THURSDAY, 3 SEP 2020
ASIC has been granted interim orders against Mayfair 101 founder James Mawhinney which will stop him siphoning any money out of Australia. The orders also restrain Mawhinney from advertising or promoting any financial product, meaning his work with ...