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Showing 521 - 530 of 4451 results for "October"

MLC Life unveils retail discounts

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... offer better discounts and value for customers is one of the ways we're continuing to do that," Downey said. Last October, the insurer updated the income replacement ratios for both Income Assure and Income Assure+ by raising it for customers with ...

Trading platform pays $830k over suspicious trades

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2023
... industry, ASIC added. The client's trading triggered ASIC alerts, which the regulator notified Interactive Brokers of in October 2021, and triggered 44 'marking the close' alerts on Interactive Brokers' own systems during the period. ASIC's Market Disciplinary ...

ASIC takes legal action against crypto exchange

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... margin products offered to Australian customers. Since the introduction of the design and distribution obligations (DDO) in October 2021, ASIC claims over 1160 Australian customers have suffered financial losses totalling around $12.95 million while ...

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... bolstering the TPB earlier this year. He said $30 million of funding was injected into the TPB, which was included in the October 2022-23 budget. Chalmers said the government also strengthened Commonwealth procurement frameworks. "The four sets of draft ...

Adviser registration deadline extended again

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2023
... extended the date for financial advisers' registration requirements to 1 February 2024. Advisers previously had until October 1 to register on ASIC's Financial Advisers Register. The original deadline date was set for 1 January 2023. Advisers who ...

Launch of new superannuation body imminent

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2023
... Australia (ISA) is hunting for a chief executive ahead of its official launch next month. Expected to be operational from October 1, the Super Members Council of Australia will "protect and advance the interests of members throughout their lives, while ...

BNP Paribas reappointed as custodian for wealth platform

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
... operations, transferring all remaining divisions to other funds. The Oracle Superannuation Plan already moved to HUB24 Super in October 2022, and Xplore Super and Pension joined in March. The transfers were part of Aracon's strategy to enhance member ...

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
... 92% of those who have attempted it. The next exam sitting will take place on Thursday, November 9. Enrolments open on October 2 and close October 20. At June end there was about 16,000 advisers in the industry. The exam tests candidates in three core ...

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... unfairly impacted by remaining in the fund until termination," it said. It is intended that the fund will be terminated on October 24 with proceeds to be paid to investors by the end of the month. Meantime, following the acquisition of Pendal by Perpetual ...

HESTA welcomes head of portfolio design

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
Dianne Sandoval will become the super fund's head of portfolio design, starting her new role in October. Sandoval brings over 30 years of investment management experience to the role, having worked at financial institutions across the Middle East ...