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Showing 5741 - 5750 of 28263 results for "NOT"

NSX partners with retail platform

ANNABELLE DICKSON  |  MONDAY, 26 JUL 2021
... Clark said. "For too long, these traders have had to either pay higher fees or put up with substandard technology that is not fit for purpose. Our technology and pricing structure is a game changer for this growing group of active traders."

BTFM, Asgard Capital fined $3m

KARREN VERGARA  |  MONDAY, 26 JUL 2021
... breaches included making false or misleading representations in account statements. The institutions told customers that they did not deduct ongoing adviser fees - but continued to do so - despite the fact that customers requested to remove the service ...

AMP shakes up advice service model

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
... misleading statements. In July, the corporate regulator and Commonwealth Director of Public Prosecutions announced that AMP was not involved in any wrongdoing with respect to its fee-for-no-service conduct and its Buyer of Last Resort Policy. ASIC and ...

Economic recap: Week to July 23

BENJAMIN ONG  |  MONDAY, 26 JUL 2021
... narrative painted by the RBA at the meeting led markets to anticipate that it would further QE at its November policy review. Not anymore. Offshore, the European Central Bank (ECB) took centre stage last week. While it preserved the status quo on monetary ...

ASIC industry levy to increase

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... relevant financial products. ASIC calculates a different levy for advisers who provide retail advice for products that are not relevant financial products - which amounts to be $1.761 million based on 625 entities. For licensees that provide general ...

Pendal open to more acquisitions

KANIKA SOOD  |  FRIDAY, 23 JUL 2021
Pendal chief executive Nick Good says the firm is not ruling out future acquisitions, as it finalises its $414 million purchase of US value-oriented manager Thompson, Siegel and Walmsley. Pendal announced the 100% acquisition in May, paying about $414 ...

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... introduction of a CSLR, however that support was on the basis that it would be broadly based and that financial advisers would not be expected to pick up the cost of product failures. Unfortunately, that is not the case," the association said. The scheme ...

M&As to create super advice firms

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... international investors. A super firm will be akin to the mid-tier in accounting and professional services led by entrepreneurs and not institutions. AZ NGA chief executive Paul Barrett said competition for quality assets is heating up and will only ...

Greenwashing scrutiny needed: Evergreen

ELIZABETH MCARTHUR  |  FRIDAY, 23 JUL 2021
... desire to support ethically and environmentally responsible actions and a recognition that such funds perform better than funds not exhibiting this commitment." Greenwashing in investments involves misrepresenting or overstating an investment fund's ...

Zenith adds client to Macquarie Wrap

ANNABELLE DICKSON  |  FRIDAY, 23 JUL 2021
... able to rebalance all clients seamlessly and efficiently, including all the associated reporting. This result simply would not have been achievable with a model portfolio structure." Over the next year, Tang expects the uptake in managed accounts to ...