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Showing 4281 - 4290 of 21764 results for "Dec"

ETFS Physical Gold to be split 10:1

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
ETF Securities is conducting a 10:1 share split on its $2.6 billion ETFS Physical Gold product (GOLD). The split, which will be effective from June 8, would see owners of GOLD receive nine additional shares for each share they currently hold. Correspondingly ...

Deutsche Bank, DWS raided over greenwashing

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUN 2022
The offices of DWS and Deutsche Bank have been raided by German police as part of an ongoing investigation into allegations of extensive greenwashing. The investigation by the German regulator, BaFin, aligns to that of the US Securities and Exchange ...

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
ACCC chair Gina Cass-Gottlieb has said the regulator is focused on promoting effective competition, investigating allegations of anti-competitive conduct, and protecting the interests of consumers in the financial services sector. Speaking at an AFR ...

BT answers advisers' top tax time questions

ANDREW MCKEAN  |  WEDNESDAY, 1 JUN 2022
BT has released its hottest end of financial year tips for advisers; in the mix this year are changes to downsizer contributions, the super guarantee and minimum pension drawdowns. BT Technical Services fields over 2000 queries from financial advisers ...

APAC market to reach $811.5bn by 2030

ANDREW MCKEAN  |  WEDNESDAY, 1 JUN 2022
An Allied Market Research report has projected the Asia Pacific wealth management market to reach $811.5 billion by 2030. The Asia Pacific wealth management market size was $247.9 billion in 2020 and forecasts indicate a compound annual growth rate ...

Mercer chief operating officer departs

ANDREW MCKEAN  |  TUESDAY, 31 MAY 2022
Mercer's chief operating officer Chris Stevens has left the asset consultant. In a post, Stevens said: "After five years, I've made the difficult decision to leave Mercer and take a few months off to recharge the batteries before taking on the next ...

AFCA adopts user pays funding model

CASSANDRA BALDINI  |  TUESDAY, 31 MAY 2022
Adopting a 'user pays' model, the Australian Financial Complaints Authority's new funding model will see the vast majority of financial services firms pay the same or less than they have previously. The new funding model follows extensive consultation ...

AGL abandons demerger, leadership resigns

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
Following shareholder opposition underscored by ESG concerns, AGL will no longer pursue a demerger; a move that sees the departure of its chief executive Graeme Hunt and chair Peter Botten. Today, AGL board of directors announced the company would withdraw ...

Diversa culls more products

JAMIE WILLIAMSON  |  MONDAY, 30 MAY 2022
The latest round of cuts sees the closure of three more sub-plans. Earlier this year, Diversa moved to close four of its sub-plans - GROW Super, Brightday, MYONESUPER and Super Prophets - which collectively held about $70 million. Now, Diversa will ...

Calls for Indigenous super beneficiary changes renewed

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
The Indigenous Superannuation Working Group will lobby the new federal government to ensure it reprioritises the recognition of kinship structures in Indigenous communities for increased super access. AIST chief executive and Indigenous Superannuation ...