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Showing 511 - 520 of 1300 results for "Request"

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
The past year has served as the beginning of the superannuation industry's transformation. Yes, recent years have seen nothing but reform after reform, but 2019 has been something different entirely. The Productivity Commission and Royal Commission ...

Industry fund awards mandates

KANIKA SOOD  |  TUESDAY, 17 DEC 2019
... currency. The managers winning the allocation are Ashmore Group and PGIM, who were chosen from 38 managers that applied in the request for proposal process. The fund will split them across its fixed income and alternatives allocations. It will hold mostly ...

Wealth manager launches new platform

ELIZA BAVIN  |  THURSDAY, 12 DEC 2019
A Tasmania-based wealth manager has announced the launch of a new managed fund platform and appointed a custodian. MyState's wealth management business, TPT Wealth, has launched a new platform to provide managed fund investors with national digital ...

ASIC lifts ban on new opaque active ETFs

KANIKA SOOD  |  WEDNESDAY, 11 DEC 2019
Fund managers will be allowed to list new non-transparent active ETFs, as ASIC lifts the pause after a six-month-long review. However, it has asked responsible entities and market making agents to review their current arrangements to manage risks. The ...

Thousands exit Westpac raise

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
More than 3300 Westpac investors decided to exit the bank's recent share placement plan, taking close to $70 million with them. Westpac has smashed through its target of $500 million on its way to raising $770 million of investor capital, and the big ...

Life insurers lost $3.4b over five years: APRA

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
The Australian Prudential Regulation Authority has launched an intervention into the life insurance market in response to ongoing heavy losses in respect of individual disability income insurance. The regulator announced a series of measures, including ...

Super fund PDSs to include single cost of product figure

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... ASIC's update as a "positive step forward for Australians". However, Loane said the council remained disappointed that its request for a longer timeframe for compliance had not been granted, noting its submission earlier this year "pressed strongly" ...

ASIC probes Regal Funds Management

HARRISON WORLEY  |  WEDNESDAY, 27 NOV 2019
... certain securities. The confirmation comes just a day after trading was halted on the firm's Regal Investment Fund at the request of responsible entity Equity Trustees (EQT), after it was informed of the investigation earlier in the day. "The trading ...

Dover, McMaster found guilty

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2019
The Federal Court has found Dover Financial Advisers and Terry McMaster guilty in the case brought against them by ASIC. In a judgement handed down on Friday, Dover Financial Advisers and Terry McMaster have been found guilty of false, misleading and ...

Politician urges Treasurer to protect advisers

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
Federal member for Warringah Zali Steggall has written to Treasurer Josh Frydenberg to ask him to consider how regulatory changes are impacting financial advisers, requesting an extension to education reforms. Steggall wrote that a number of regulatory ...