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Showing 581 - 590 of 4681 results for "Issues"

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
MA Financial's lending business, MA Money, has completed its inaugural residential mortgage-backed securities (RMBS) issuance, amounting to $500 million. The transaction was initially launched at $400 million but was later increased due to high demand ...

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... 400,000 consumers and small businesses. Reaching its fifth year in operation, AFCA explained its efforts to address systemic issues or broader issues beyond individual complaints led to over $340 million being distributed to 4.9 million people. Homing ...

Aussie investors optimistic about returns

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
... access private asset markets through their financial advisers, but identified barriers such as illiquidity, transparency issues, and inexperience. In addition, the study revealed many investors underestimate the necessary hold times for private asset ...

Lombard Odier breaks into Australia, issues private credit mandate

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
Lombard Odier Investment Managers (LOIM), the asset management division of the Swiss private bank, has awarded a mandate to Equity Trustees for its first offering in Australia. The LOIM Sustainable Private Credit (Australia) Unit Trust seeks to deliver ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... members incurring $69 million in fees. However, ASIC's scrutiny extends beyond AustralianSuper, having identified widespread issues with unmerged duplicate accounts across the superannuation industry and anticipates further actions to address these systemic ...

Nominations open in FS Sustainability Power50

RACHEL ALEMBAKIS  |  TUESDAY, 14 NOV 2023
... shaping the agenda and implementing the strategy on a wide variety of material environmental, social and corporate governance issues. "The inaugural ESG Power50 list recognised progressive performance across a deep range of ESG and sustainability," FS ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... updates, and manual errors made in applying leverage ratio limits. While the seven that paid $4.3 million self-reported the issues and voluntarily initiated a remediation program, ASIC said three of these issuers used "certain behavioural assumptions ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... laggards. "It's worth remembering that many companies, especially large emitters, have been reporting on climate-related issues for many years. The argument that all companies need a de facto rules enforcement 'holiday' just doesn't stack ...

Australian Unity to sell off failed development

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... Australian Unity has been forced to put a half-completed apartment building up for sale because of "ongoing construction-related issues." In a recent letter to investors of the Australian Unity Select Income Fund, Australian Unity said that after having ...

Dispute resolution failures land TelstraSuper in Federal Court

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... we're unable to provide further details at this time." Complaints to a superannuation trustee can cover a range of issues, from members who were inconvenienced by confusing information, to more serious complaints that result in financial harm, such ...