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Showing 491 - 500 of 3111 results for "November 2008"

CFA Institute unveils major program overhaul

ANDREW MCKEAN  |  MONDAY, 27 MAR 2023
The CFA Institute has executed its most comprehensive CFA Program revamp since 1963, in a bid to increase its relevance in today's investment landscape. The CFA Program enhancements aim to better prepare aspiring investment professionals for a rapidly ...

February exam records 67% pass rate

KARREN VERGARA  |  MONDAY, 27 MAR 2023
More than two thirds of the financial advisers that sat the mandatory exam passed the latest round. Releasing the latest results, ASIC announced that of the 192 candidates who sat the February exam, 128 passed. Sixty percent of them sat it for the first ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
Regulators are prioritising a range of emerging areas of risk across the superannuation industry. Speaking on a panel at the Conference of Major Superannuation Funds (CMSF) in Melbourne, APRA general manager superannuation Katrina Ellis, ASIC Commissioner ...

Residential mortgages will defy headwinds: Study

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
The residential mortgage sector will withstand the current headwinds driven by rapidly rising interest rates and cost of living pressures, a new study finds. According to Foresight Analytics, there are three key factors that will mitigate the risks ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
ANZ has copped a $10 million penalty for its home loan referral program that breached consumer credit protection laws. The Federal Court found that the bank's Home Loan Introducer Program enabled unlicensed third parties to refer customers to ANZ for ...

Openmarkets secures chief financial officer

CASSANDRA BALDINI  |  TUESDAY, 28 FEB 2023
The fintech has welcomed Hetal Majithia permanently to the role following a four-month contract where she was engaged to deliver interim financial support. Majithia will be responsible for the management of the group's finance function during a period ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
A director of the now defunct financial services firm has been convicted of managing a corporation and fined $6000. Joshua David Fuoco pleaded guilty to the charges in the Melbourne Magistrates Court. The charge arose from an ASIC investigation that ...

ASIC permanently bans former advisers

CHLOE WALKER  |  TUESDAY, 14 FEB 2023
Former Perth financial adviser Rahul Goel and Sydney-based adviser Sean John Sweeney have been permanently banned from having any involvement in financial services. In December last year, Goel was sentenced to three years in jail for fraud offences ...

Pengana offloads Lizard Investors stake

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
Pengana Capital Group has agreed to divest its 65% direct equity stake in Chicago-based asset management firm Lizard Investors (Lizard). The divestment is part of a management buyout led by Lizard chief investment officer and portfolio manager Jon Moog. ...

Assets under custody stagnant: Data

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
Total assets under custody in Australia have seen marginal growth in the six months to December end, however they've barely budged since last year. The latest data from the Australian Custodial Services Association (ACSA) showed total assets under custody ...