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Showing 421 - 430 of 1591 results for "Light"

Capital raising relief measures extended

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... impacted by the COVID-19 pandemic further time to raise urgently needed capital, the ASX said. "The decision was made in light of the high and increasing levels of COVID-19 infections in major overseas markets, recent events in Victoria, and the present ...

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
... hundreds of transactions totaling millions of dollars that, at the very least, should have prompted additional scrutiny in light of Epstein's history," the DFS said. Deutsche Bank agreed to pay the fine, and DFS said it allowed a number of transactions ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
The balanced options of the majority of the country's super funds are only just in the red after suffering through an unprecedented period of market volatility. Rainmaker Information executive director of research Alex Dunnin argues they have made ...

QSuper culls comprehensive advice

KANIKA SOOD  |  FRIDAY, 3 JUL 2020
The $110 billion industry fund will stop offering comprehensive advice to new customers on July 6 and cut over 50 positions, as it sees demand for holistic advice fall. QSuper chief executive Michael Pennisi said the decision is based on several years ...

Industry fund eyes KiwiSaver accounts

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... at May, 2020 for the same balance. The 45bps improvement pulled the fund from the darkest color on the map (crimson) to a light yellow. "We have got the [APRA heat map] results yesterday. We've moved down the curve, maintained investment returns ...

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
... management sitting at $5.5 billion. About 86% of this is in its MySuper option. "Aon would like to assure its clients that in light of the learnings from this process, it has reviewed and will continue to review its compliance and audit procedures to ...

Unemployment hits 21-year high

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... Government, together with other governments around the country," he said. "These are our dark times, but I can see that ray of light, and I'm sure Australians can see that, too but we have to keep moving towards it and we've got to keep working harder ...

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The Federal Court of Australia has slapped a trading company with a $1.8 million fine, while two people have been barred from financial services for their involvement in the fraudulent binary options scheme. The judgement comes following findings made ...

Financial services demands more mental health support

HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
... how the financial services sector was stepping up its approach to mental health during the crisis, with experts shedding light on how heavily the pandemic was impacting the sector's workers. In a separate piece, Financial Standard zeroed in on how the ...

Dealer groups slam FPA policy

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... and ill-considered given the hard work that the entire advice sector has put in to overcome historic shortfalls brought to light by the Hayne Royal Commission and in light of the leading work that AFSLs bring to bear in areas of education, risk mitigation ...