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Showing 5841 - 5850 of 28263 results for "NOT"

Catholic Super to drop fees

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... charges 0.32% per annum. Togethr Trustees said the funds' different investment structures mean the different options will not have exactly the same fees. "With the Catholic Super funds transferring to Equip and the size of the funds combined being ...

Adviser slapped with four-year ban

KARREN VERGARA  |  MONDAY, 28 JUN 2021
... ability to cover margin calls," ASIC said, adding that she failed to consider an exit strategy for her clients. She also did not provide appropriate personal insurance cover or keep proper records. ASIC deemed that she lacked the competence to provide ...

Stonehouse acquires risk advice firm

KARREN VERGARA  |  MONDAY, 28 JUN 2021
... years to come, they will become profitable. We're focused on the long game." Owen said he left the industry because he did not want to undertake further education to meet the new standards. At 65 years old, Owen could not see himself studying four ...

UK bans crypto exchange Binance

ELIZABETH MCARTHUR  |  MONDAY, 28 JUN 2021
... aware that the company is offering UK consumers a range of products and services via its website. "Binance Markets Limited is not permitted to undertake any regulated activity in the UK," the FCA said. The FCA did not say why it banned Binance but said ...

Mainstream bidding war over

ANNABELLE DICKSON  |  MONDAY, 28 JUN 2021
... share, valuing the company at $400 million, up from SS&C's latest offer of $2.76 and Vistra's original offer of $1.20. SS&C did not exercise its matching right by the deadline therefore Mainstream terminated the scheme implementation deed. The directors ...

Chief economist update: Japan still waiting for the sun to rise

BENJAMIN ONG  |  MONDAY, 28 JUN 2021
... head of the government's coronavirus response - hinted at declaring another state of emergency. "If necessary, we should not hesitate to declare a state of emergency and should be flexible about declaring it for areas that are currently placed under ...

ASIC removes Societe Generale restrictions

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
... ASIC. The bank breached s993B(1) of the Corporations Act (the Act) on two separate occasions by receiving client money and not depositing it into an authorised deposit-taking institution or an approved foreign bank. The first count took place between ...

Schroders head of distribution exits

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
Schroders' local head of distribution Graeme Mather has departed, with the business understood to not be seeking a replacement. Mather spent nearly five years at Schroders and finished up last week, Financial Standard' s sister publication Industry ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... Representative (CARs) and AFSL registrations, meaning compliance with TPB regulations is still required. "The current drafting does not meet the government's intention of creating a single set of professional standards for financial planners and ...

Aussie investors optimistic about returns

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... the economy to recovery phase, a new survey finds. Aussie participants in the 2021 Natixis global survey said COVID-19 has not dampened their returns expectations, despite lowering this figure to 13.5% compared to the 13.8% they reported last year. Some ...