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Showing 31 - 40 of 5766 results for "Statement"

Charter Hall acquires stake in hotel REIT

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... relationships, contributing to significant growth, and showing unparalleled commitment to HPI," the company said in a statement. "Beyond his professional contributions, Don embodied qualities of humour, warmth, and mentorship that endeared him to all ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
The Federal Court determined Vanguard misled investors via claims it made about certain ESG screens it applied to its Ethically Conscious Global Aggregate Bond Index Fund. On March 8, the indexing giant admitted to "engaging in conduct that was liable ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... streamline ongoing fee renewal and consent requirements, including removing the requirement to provide a fee disclosure statement. This was under Recommendation 8 from the QAR. Under Recommendation 10, personal advice providers should have the flexibility ...

ASIC bans director who promised 150% returns

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
The Australian Securities and Investments Commission (ASIC) has banned Brian Jacques Creigh from providing financial advice or being involved in a financial services business. Creigh is the director of Panacea Capital. He operated the Panacea Capital ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
Following a brief reprieve, the number of class actions targeting the financial services sector escalated significantly in 2023. According to a report from Allens, the banking and financial services sector was the second biggest target for class actions ...

Brighter Super signs David Koch as ambassador

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... on Kochie and his initiatives." Brighter Super declined to comment on the commercial aspects of the partnership. In a statement to Financial Standard, it said: "Our marketing expenditure will be released as part of our disclosures at the Annual Members' ...

Australian Retirement Trust completes Alcoa merger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... a merger. After almost a year of due diligence and preparations, the transfer officially took place on March 1. In a statement to Financial Standard, ART chief commercial officer Dave Woodall said he is pleased to have seen the merger completed. "On ...

ATO refers SMSF auditors to ASIC

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
Fifteen self-managed super fund (SMSF) auditors have been reprimanded for performing in-house audits. The Australian Taxation Office (ATO) referred 15 SMSF auditors to ASIC following a review of files from audit firms. ASIC said it had concerns that ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... allocated correctly so account balances displayed correctly Contacted impacted consumers who did not receive a twice-yearly statement, as per the terms of their policy Provided revised disclosure to consumers about trading limits on their trading accounts ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... will continue fighting to deliver exactly this, especially when I see anti-competitive behaviour." Hostplus said in a statement to Financial Standard that it "has not advocated for a ban on workforce management platforms and any suggestion otherwise ...