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| | | ... it," he said. "A number of other stakeholders have complained about Standard 6 and the potential limitations on providing limited or scoped advice, which we believe is a genuine concern." Anderson drew attention to the Code of Ethics' introduction ... |
| | | | ... microcap stocks, which experience high price volatility, have a shallower market depth, and the fund carries risk around the limited operational history of microcap companies, ASIC said. Meanwhile, the Geared Australian Share Fund invests solely in Australian ... |
| | | | ... report said. Further, lower total returns and higher perceived risk, compared to other traditional property sectors has limited institutional investment in the sector, as has inadequate incentivisation. Access to affordable housing is a preeminent concern ... |
| | | | MPG Funds Management Limited (MPG) has been banned from offering or distributing two of its property trusts to retail investors because of poor target market determinations (TMDs). The interim stop orders, implemented by ASIC, prohibit MPG from issuing ... |
| | | | ... has been exploring divestment options for the troubled Link Funds Solutions business, which included Link Fund Solutions Limited; it appointed Macquarie Capital and UBS Securities as advisers. The UK Financial Conduct Authority (FCA) approved a Dye & ... |
| | | | ... determined that the valuation frequency is appropriate. Factors that would inform valuation frequency include, but are not limited to, the frequency with which member transactions are permitted, how valuation data is incorporated in unit prices/crediting ... |
| | | | ... in the Superannuation System, says there continues to be evidence of individuals receiving advice regarding the use of limited recourse borrowing arrangements (LRBAs) that could put their retirement savings at risk. The Australian Financial Complaints ... |
| | | | The marketing and distribution capabilities of Natixis Investment Managers and Investors Mutual Limited have been combined, with a head of institutional and head of wholesale appointed. The enhanced distribution platform will provide additional resources ... |
| | | | ... advice can I safely give to my customers without a relevant provider?'" She explained that this will lead to a fairly limited scope or simple advice. "Rather than saying that in the law you must only give limited scope, simple advice, I think you ... |
| | | | ... on November 11, and the AFSL is suspended until 15 May 2023. However, for the time being, FTX can continue to provide limited financial services that relate to the termination of existing derivatives with clients. KordaMentha has been appointed as voluntary ... |
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