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Showing 31 - 40 of 104 results for "FIA"

Sole fund closed by Australian equities manager

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2017
Integrity Investment Management terminated its only fund with immediate effect last Friday as its founder prepares for a sabbatical. An announcement on the firm's website explains the Integrity Australian Share Fund has ceased to accept applications ...

Advice business offers enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2017
... entered into an enforceable undertaking with ASIC after an investigation found advisers had moved clients into more expensive, FIA-branded products without reason. ASIC identified a number of issues within FIA's financial advice business when surveying ...

Super funds fight for financial inclusion

EMMA RAPAPORT  |  FRIDAY, 23 JUN 2017
Industry superannuation funds VicSuper and HESTA are among 30 organisations forming the national Financial Inclusion Action Plan, driving inclusion and resilience for adults who are experiencing financial exclusion. The initiative, facilitated by Good ...

Moody Aussies

BENJAMIN ONG  |  THURSDAY, 19 JAN 2017
What's ailing us, Australians all? We can't seem to swing our mood towards optimism. While the latest Westpac-Melbourne Institute consumer sentiment index increased for the first time in three months in January, the 0.1% monthly pick-up was marginal ...

CBA, Westpac put spotlight on financial exclusion

KERRIE SYDEE  |  MONDAY, 28 NOV 2016
Commonwealth Bank and Westpac have launched their first Financial Inclusion Action Plans in a bid to help those experiencing financial exclusion. The FIAP program, led by Good Shepherd Microfinance in partnership with the Centre for Social Impact, EY ...

Industry fund fights financial exclusion

KERRIE SYDEE  |  TUESDAY, 15 NOV 2016
HESTA is calling on the financial services industry to collectively combat financial exclusion with the fund being one of 12 organisations to commit to a Financial Inclusion Action Plan. The $36 billion industry super fund met with experts and academics ...

Findex hit with penalties

KERRIE SYDEE  |  MONDAY, 10 OCT 2016
Findex Group and Financial Index Australia (FIA) have each paid $10,800 in penalties following the issuing of infringement notices by ASIC for potentially misleading claims on the Findex website. Between August and December 2015, FIA published posts ...

Storm Financial investor slams court decision

ALEX BURKE  |  MONDAY, 29 AUG 2016
The joint chair of the Storm Investors Consumer Action Group has criticised the Federal Court's recent ruling against Storm Financial. Seven years after going into administration, Storm Financial has been found by the court to have provided inappropriate ...

Gold's no longer gold

BENJAMIN ONG  |  TUESDAY, 21 JUL 2015
Well they tried, and they tried, and they tried, but it seems that there's just no bringing back gold's shine. Gold was hit for six - that is, prices dropped for a sixth consecutive day overnight - down to a low of US$1,088.05 per ounce (the lowest ...

Market to open flat

AAP  |  WEDNESDAY, 10 JUN 2015
The Australian market looks set to open flat following an anemic lead from the US. At 0644 AEST on Wednesday, the June share price index futures contract was up three points at 5,465. Wall Street stocks finished little-changed as a the General Electric ...