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Showing 521 - 530 of 1736 results for "Minimum"

Former advisers face huge fines

ELIZABETH MCARTHUR  |  FRIDAY, 6 NOV 2020
... information about who the beneficial holders of those shares. It was alleged that Kawecki was trying to artificially satisfy the minimum spread requirements according to ASX listing rules. The purpose of the minimum spread requirement is to demonstrate ...

Bendigo and Adelaide Bank overstates liquidity

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
... outflow and overstated its liquidity position since January 2015. Despite the bank's liquidity sitting above the regulator's minimum requirements, APRA has enforced a 10% increase to the current liquidity coverage ratio which will remain in place until ...

Cost of advice soars as red tape grows

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... advice needs of all Australians, not just the wealthy," De Gori said. "The single disciplinary body should set a single minimum entry requirement (education, experience and mentoring), a single mandatory code of ethics and other regulatory standards ...

ClearView seeks to raise at least $40m

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... regulated entity within the ClearView group. The notes will have a notional face value of $10,000 per instrument, with a minimum subscription amount of $500,000. They will also be subject to satisfaction of a solvency condition with interest paid quarterly ...

Fresh fundies outperform

ALLY SELBY  |  THURSDAY, 15 OCT 2020
... we think a sector may be going," he said. "We are purely focused on stock selection at a company basis." The fund's minimum investment is $250,000 for wholesale investors. It has a management fee of 1.25% per annum and a performance fee of 15%. Spatium ...

Aware Super moves to acquire OptiComm

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
... proposal receives support from the OptiComm board the transaction would be an off-market takeover offer, subject to a minimum acceptance condition of 50.1% and a limited number of other defeating conditions. The fund said its proposal is not subject ...

Superhero sets eyes on managed accounts

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
... of September, has already seen more than 10,000 investors sign up, drawn by Superhero's $5 brokerage fee and $100 minimum investment. Superhero, unlike its trading platform peers, is effectively a custodian, co-founder and chief executive John Winters ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... at a rate of $200 per week for those under 30 and $100 per week for those 30-35 years of age, provided new hires work a minimum of 20 hours per week. In addition to the $1 billion JobTrainer fund established and $2.8 billion committed to protect apprenticeships ...

Multi-strategy fund launches

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... includes filtering highly liquid markets, consistent risk-weighted returns and low correlation to the S&P500. It has a minimum investment of US$100,000 and offers daily liquidity without any lock-ins, redemption penalties or bid-offer spread. Management ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... today, it said. "ASX has announced non-functional business requirements for the replacement system that will exceed these minimum requirements," ASIC said. "ASX will need to provide assurances to demonstrate that these non-functional requirements have ...