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Showing 431 - 440 of 4127 results for "Conduct"

Australian Unity lashed by ASIC over TMD questionnaire

JAMIE WILLIAMSON  |  THURSDAY, 6 JUN 2024
... Fund to retail clients, saying Australian Unity had failed to take "reasonable steps likely to result in distribution conduct being consistent with its target market determination (TMD)." The Australian Unity Select Income Fund is a contributory mortgage ...

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... September 2022, XTrade failed to comply with its general obligations as an AFS licensee and engaged in unconscionable conduct. ASIC said XTrade failed to take reasonable steps to ensure that its representatives complied with financial services laws ...

Preqin launches new term intelligence tool

ELIZA BAVIN  |  FRIDAY, 31 MAY 2024
... market practices because they only have access to their own firm's past records. "Now with Term Intelligence, investors can conduct thorough pre-investment due diligence on fund terms, with the assurance that they have visibility over an objective baseline ...

Forged documents see former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
... Capstone ceased in June 2022 after 11 years and he doesn't appear to have been licensed since. ASIC said that it found his conduct to be "illustrative of a person who lacks the honesty, integrity, professionalism and trustworthiness to participate in ...

BlackRock has most valuable brand, study finds

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
BlackRock has the world's most valuable brand in asset management, while Public Investment Fund (PIF) takes the title among sovereign wealth funds. That's according to a global ranking of brand strength and brand value conducted by Brand Finance. ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
... Judge condemned his actions as "deliberate, fraudulent and unforgiveable given his position of trust" and noted that his conduct involved people's livelihood. The Judge also highlighted his lack of effort to make restitution to his victims. Under the ...

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... during ongoing civil proceedings commenced against him by ASIC and while there was an ongoing ASIC investigation into his conduct. Following an application by ASIC in 2019, a Queensland magistrate issued a warrant for Ali's arrest, and in November 2021 ...

Insignia research, retirement income head to depart

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
Insignia Financial has confirmed its head of research and retirement income is set to leave the business as part of an ongoing wider change. The ASX-listed wealth giant confirmed Matt Olsen will exit at the end of June. In a statement to Financial Standard ...

ASIC places stop orders on Trademax Australia

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... said Trademax, known as TMGM Group, failed to take reasonable steps likely to result in its retail product distribution conduct being consistent with two target market determinations (TMDs). It said Trademax relied on an inadequate retail investor questionnaire ...

Social media influencers charged for promoting shady investments

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... account was doling out advice on trading complex financial instruments without proper authorisation. The UK's Financial Conduct Authority (FCA) alleges that between 9 May 2018 and 13 April 2021, Emmanuel Nwanze and Holly Thompson (also known as Holly ...