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Showing 431 - 440 of 1485 results for "Master"

NAB fined over fees for no service

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
The Federal Court of Australia has fined National Australia Bank $57.5 million over deceptive and misleading conduct. The proceedings commenced in 2018 and were initially brought by ASIC against NAB units NULIS and MLC Nominees for the charging of plan ...

Industry fund chief to step down

KARREN VERGARA  |  FRIDAY, 11 SEP 2020
The head of a $5 billion superannuation fund is stepping down at the end of 2020. BUSSQ chief executive Linda Vickers is retiring from the role and will be succeeded by chief operating officer Damian Wills. Vickers has been with the super fund for more ...

Specialist advice businesses optimal: Barrett

ELIZA BAVIN  |  THURSDAY, 10 SEP 2020
Advice firms hoping to succeed will have a much higher chance of achieving organic growth if they specialise, as opposed to generalist practices, according to AZ NGA chief executive Paul Barrett. Speaking on a WealthO2 webinar, Barrett said advice firms ...

UK pensions to factor in climate change risk

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
... wants to see the 100 largest occupational pension schemes - those with £5 billion or more in assets, and all authorised master trusts - to publish and produce climate risk disclosures by the end of 2022. For all those with at least £1 billion in assets ...

ASIC drags Evans Dixon to court

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
The corporate regulator started Federal Court proceedings against an Evans Dixon subsidiary over advice it provided, pushing down shares over 12% by noon. ASIC is alleging a Dixon Advisory representative failed to look after client's best interest ...

BNY Mellon expands to Asia Pacific

KARREN VERGARA  |  WEDNESDAY, 2 SEP 2020
... greater China. "Our focus continues to be on growing our institutional business in Taiwan while working closely with our master agent Taiwan Cooperative SITE to deliver investment excellence and industry-leading client experience," he said. In July 2019 ...

Sam Henderson pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
... dishonest conduct while chief executive, director and senior financial adviser of Henderson Maxwell by claiming that he had a Master of Commerce when he did not. The regulator found 115 PowerPoint presentations he gave to clients between 2010 and 2016 ...

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... economy - despite the evidence that Australia's retirement system is the envy of the modern world," he said. It comes as the Master Builders Association has pushed for a proposal for the early release of super to address housing affordability. ASFA chief ...

Chi-X TraCRs added to specialist platform

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies. All 35 Chi-X TraCRs and all quoted Chi-X Funds are ...

New private debt fund

KANIKA SOOD  |  MONDAY, 6 JUL 2020
... the secured private debt fund II (SPDF II) and the real estate debt fund (REDF) and one of its two ASX-listed funds, the master income trust (MXT). Total management costs are set at 0.69% per year of the fund's NAV. More than 80% of the borrowers that ...