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Showing 491 - 500 of 2426 results for "NEC"

Zerocap, ANZ purchase Australian carbon credits

CHLOE WALKER  |  MONDAY, 27 JUN 2022
The deal, undertaken for Zerocap by private investor Victor Smorgon Group, has seen carbon credits firm BetaCarbon successfully trade tokenised Australian carbon credits (BCAU) using the ANZ Bank's A$DC stablecoin. The transaction is considered ground-breaking ...

Life Code update expands consumer protections

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
The latest iteration of the Life Insurance Code of Practice features more than 50 new consumer protections, including a ban on blanket mental health exclusions and greater limits on surveillance. The updated Code follows consultation with industry ...

Former adviser wins appeal, convictions quashed

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
A former adviser who was found guilty of fraud and sentenced to 12 years in prison in 2019 will have his case retried, having successfully argued there was a miscarriage of justice. Ben Jayaweera was a financial adviser and director of now-defunct Growth ...

You can't have it all: Retirement income strategies

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
While greater availability of retirement income products is a positive, the three objectives of these products as set out in legislation don't necessarily reflect members needs or desires. Appearing on a panel at the Australian Institute of Superannuation ...

Don't forget the 'S' in ESG

CHLOE WALKER  |  WEDNESDAY, 15 JUN 2022
Integrating socially responsible investments into a super portfolio is not an inherent trade-off with members best financial interests, experts say. Appearing on a panel at the Australian Institute of Superannuation Trustees ASI Conference, Australian ...

Tomorrow belongs to those who hear it coming: ASI

CHLOE WALKER  |  TUESDAY, 14 JUN 2022
Appearing at the Australian Institute of Superannuation Trustees' ASI Conference, BNP Paribas Global Directions managing director Keith Suter took a dive into the pressures currently facing Australian trustees and investors, saying contingency planning ...

Crypto companies halt withdrawals

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
International cryptocurrency platforms Celsius and Binance temporarily suspended customer withdrawals. Yesterday, the world's largest crypto exchange, Binance, suspended withdrawals on the Bitcoin network. In a statement, Binance said: "This is ...

Spaceship chair banned for two years

JAMIE WILLIAMSON  |  TUESDAY, 7 JUN 2022
The chair of Spaceship Capital has been banned by ASIC for failing to understand all the financial services offered by the group. Paul Ernest Dortkamp has been banned from performing functions as an officer and responsible manager of a financial services ...

Diversa culls more products

JAMIE WILLIAMSON  |  MONDAY, 30 MAY 2022
The latest round of cuts sees the closure of three more sub-plans. Earlier this year, Diversa moved to close four of its sub-plans - GROW Super, Brightday, MYONESUPER and Super Prophets - which collectively held about $70 million. Now, Diversa will ...

Rate rise exposes adviser knowledge gap

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
As interest rates rise and inflation grows, some are lamenting a possible knowledge and experience gap in the industry, with a considerable number of financial advisers having only ever known a low inflation environment. At its May meeting, the Reserve ...