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Showing 461 - 470 of 6902 results for "shares"

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... his position as director of Secure Investments, extracting more than $550,000 from the company's accounts to purchase shares in a security company for his personal benefit. ASIC froze the assets of Naseeruddin's companies in 2019, and successfully ...

Rest awards mandate for member experience enhancement

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
... brand and member experience Andrew Ford said that Reunion's data-led and member-centric approach is an asset. "Reunion shares Rest's commitment to simplicity, innovation and member empowerment," he said. "The Reunion team bring a fresh perspective to ...

Former adviser misled ASIC during investigation: Court

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... provided false information during ASIC's investigation into his role in recommending unlisted McFaddens Securities shares to clients between 2015 and 2021. The shares included pre-IPO companies like Steppes Alternative Asset Management, Trinus Impact ...

ASIC takes action on EverBlu, director

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... company Anglo Menda to lend funds to EverBlu clients, in breach of EverBlu's personal dealing policy, to trade in Creso shares. This included lending Tyson Scholz or the ASX Wolf, a former finfluencer and EverBlu client, more than $7 million and ...

Caddick SMSF clients should recoup all funds: Lawyer

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... Caddick's clients, which included non-SMSF clients, were given fake CommSec statements with Commonwealth Bank logos showing the shares she claimed to have invested in on their behalf. "Those documents have been shown by the receivers to be fraudulent," ...

New enhancements to Expand, CFS Edge

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
... provides a 30% discount on administrative fees. A single client account offers access to domestic and international direct shares, foreign currency, over 550 funds, and term deposits, CFS said. Advisers can build their own tailored SMAs using a wide ...

Local investors continue to flock to ETFs: VanEck

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... months. Additionally, around 50% of investors intend to boost their ETF allocations within their SMSF portfolio. Australian shares were the top investment choice for 65% of respondents, with international shares following closely at 50%. Meanwhile, a ...

How young Australians are missing out on better super returns

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
... APRA data by Innova Asset Management revealed that an all-equities portfolio, spread across Australian and international shares, has bested the average default superannuation product by 13.6% over the past decade. Innova managing director Dan Miles explained ...

ANZ fined $900k over shares disclosure failure

CHLOE WALKER  |  MONDAY, 11 DEC 2023
... invest in securities would have expected that the underwriters would promptly dispose of allocated or acquired placement shares, placing downward pressure on ANZ's share price. He added that the fine was needed to "deter similar actions." Meanwhile ...

ASIC curbs high-risk offers from online trading providers

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
ASIC has identified a trend among some online trading providers, presenting high-risk investment opportunities to retail investors, a shift emerging amid the fluctuating market conditions and the decline in retail trading activity post-pandemic. In ...