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Showing 551 - 560 of 6175 results for "Statement"

Charter Hall offloads UNSW asset

CHLOE WALKER  |  MONDAY, 31 JUL 2023
... discipline and acting in the best interest of its investors." Charter Hall added that in line with its product disclosure statement, PFA offers investors liquidity windows every five years. "PFA accepted all redemption requests received in response to ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... launched a cyber pulse survey to measure cyber resilience, open to all ASIC-regulated entities for the first time. In a statement to Financial Standard, ASIC confirmed most respondents so far have opted in to receive an individual report, providing insight ...

Retail super funds plan to merge

ANDREW MCKEAN  |  WEDNESDAY, 26 JUL 2023
... optimal client outcomes are the key principles underpinning the plan and approach," the Centric spokesperson said. A statement from Centric said following a 'transaction freeze' around August 18, encircle clients will be transferred approximately one ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... in investments are promised, these exclusions need to be applied and promises upheld," Court said. Vanguard said in a statement that it self-identified and self-reported the breach for both the fund and the ETF that was based on that fund (VEFI) to ASIC ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
The prudential regulator is reinforcing the importance of superannuation funds to conduct more rigorous and frequent stress testing amid the fracas over valuations in the property sector. In updating Prudential Practice Guide SPG 530 Investment Governance ...

Iress appoints former Pendal veteran

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... responsible for building out its global business. He left Pendal in May following its acquisition by Perpetual. According to a statement, Williamson played a pivotal role in Pendal's transformation from a largely domestically focused fund manager ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... official meeting, allowing them to hear directly from, and ask questions of, a broader range of staff. The post-meeting statement, which announces the decision, will be issued by the board instead of the governor, as is presently the practice. However ...

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... gains, constructing a strategy paper for a new client now takes four hours. Two years ago, it took 5.6 hours. A basic Statement of Advice (SoA) for a new client took 8.1 hours but now takes 6.7 hours. For complex new clients, an adviser spent 14.6 hours ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... process will be required to determine the impact of the decision on other group members". In response, AMP said in a statement to the ASX that "noting the complexity of the matter, AMP is reviewing the judgment in detail to determine the full effect ...

ASIC permanently bans David Sutton

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... "fit and proper person" to provide financial services as he induced people to deal in financial products by making a statement that's misleading, false or deceptive. He also made false, misleading or deceptive representations in his capacity as a director ...