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Showing 501 - 510 of 4161 results for "Action"

ASIC suspends AFSL for six managed investment schemes

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
... if Aurora complies with its audit and financial reporting lodgement obligations. ASIC added that it may consider further action if Aurora has not complied with its obligations at the end of the suspension period. Aurora has held its AFSL since 2 September ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
Former Sunshine Coast financial adviser Brett Gordon has been permanently banned from providing financial services and engaging in credit activities following his conviction for fraud offences last month. This prohibition extends to any role within ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... mergers/SFTs commit to appropriate levels of operational synergies, timing/phasing of synergy realisation and a disciplined action plan to achieve these operational synergies," the report said. "The operational synergy/benefit profile of the merger needs ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... frameworks and to proactively manage systems and processes. "APRA is prepared to take strong steps, including taking enforcement action, where a trustee's operational resilience management is substandard," Cole said. A Mercer spokesperson told Financial ...

Lendlease ditches overseas construction

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... returns have been poor as we have faced structural challenges and a prolonged market downturn. We need to take significant action at an accelerated pace to deliver value for our securityholders, capital partners and customers." Lendlease's share ...

KKR forms exclusive partnership with Capital Group

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024
... partnering with a subject-matter expert to deliver a holistic investment solution for our clients was the best course of action," he said. "For many investors, private credit can be out of reach. The lens we used was a simple one - how can we help clients ...

How super funds could better support members: Research

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... to provide for them, and how they can improve their retirement outcomes," Jones said. While 39% of retirees had taken no action to financially prepare for retirement, those who topped up their investments, particularly their superannuation, felt the ...

ASIC places stop orders on Trademax Australia

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... interim stop orders are valid for 21 days unless revoked earlier. Financial Dispute Legal is currently considering a class action against Trademax Australia, alleging the group encouraged investors to trade in highly risky CFD and Forex products promising ...

SEC approves eight Ethereum ETFs

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
... comfort and certainty to the longevity of the asset class - but where to for Australia?" Celermajer and Sidelska said the action by the SEC has demonstrated that sentiment is shifting and even the staunchest objectors of crypto must now acknowledge it ...

Financial services firms concerned about attracting staff

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... of talented professionals." Gorton said businesses can overcome talent acquisition challenges by developing a strategic action plan. The research found that the perceived reasons for Australian companies' inability to attract talent this year differs ...