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Showing 411 - 420 of 3417 results for "Update"

Nomura offshoot fined by ASIC disciplinary panel

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... non-compliance with the Rules applicable to crossing systems," the MDP said. Finally, Instinet was considered to have failed to update its systems in line with market changes and in doing so failed to act in its clients' interests. "As a licensed market ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... October suggests that inflation is continuing to decrease, mainly due to the goods sector. However, she noted that the update did not provide much information on service inflation. "Overall, measures of inflation expectations are consistent with the ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
Qantas Super recently provided an update as to its merger plans, including the appointment of a dedicated committee and an outline of the three key issues forcing its hand. In September, the $8.4 billion fund confirmed it was exploring its options in ...

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
ASIC slapped Morningstar with a fine for allegedly exposing investors to controversial weapons companies after proclaiming that its environmental, social, and governance (ESG) policy strictly excludes such investments. Morningstar's International Shares ...

Allianz Retire+ adds 'industry first' feature to AGILE

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2023
... made some updates to the Allianz Guaranteed Income for Life (AGILE) product it launched earlier this year. The first major update is the introduction of the Age Pension+ option, which enhances eligibility for the Age Pension through reduced treatment ...

AMP to pay $100m to settle BOLR class action

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... down more than 63% since the end of the Royal Commission, and more than 90% since AMP first listed. The group said it will update the market before the end of the year on how tranche three of its capital return program is progressing, with the $50 million ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
Praemium's stock tumbled following a projected revenue margin decline and higher operating costs announced at yesterday's 2023 annual general meeting. The wealth platform updated its financial outlook indicating that its average revenue margin ...

AFCA tightens wholesale investor remit

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... Authority to help resolve a dispute as the authority tightens its rules on how it assesses their complaints. AFCA will shortly update its operational guidelines for assessing complaints from wholesale clients following feedback from a Treasury independent ...

ATO recoups $684m in unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
The ATO has recouped and distributed $684 million in unpaid superannuation entitlements to funds and individuals, while also raising over $1.3 billion in super guarantee charge liabilities through compliance actions in the 2022-23 financial year. During ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... action in the superannuation sector, focusing on member outcomes in 2024. Baring its teeth in an enforcement and regulatory update released today, the corporate regulator signalled that tackling misconduct is a "key priority" and requisite to maintaining ...