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Showing 601 - 610 of 4121 results for "Nov"

Australian ETF industry crosses $150bn milestone

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
The ETF industry in Australia has surpassed $150 billion in funds under management, bolstered by net inflows of $4.8 billion since the start of 2023. Betashares chief executive Alex Vynokur highlighted that ETF adoption among Australian investors is ...

E&P appoints new chief executive

KARREN VERGARA  |  FRIDAY, 30 JUN 2023
E&P Financial Group named a new chief executive as the incumbent announces his resignation after four years at the helm. Peter Anderson, who is also managing director, is to step down on December 31. He will be replaced by head of E&P capital Ben Keeble. ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
Super funds are not doing enough to address duplicate member accounts, with an ASIC review forcing some trustees to remediate members. Under the Superannuation Industry (Supervision) Act 1993, super trustees must have processes in place to tackle multiple ...

ALRC to simplify, restructure advice laws

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
The Australian Law Reform Commission's (ALRC) third and final interim report is proposing to restructure and simplify financial advice regulation after finding the industry is regulated very differently to other financial services sectors. Interim ...

Morrison Securities pays infringement over DTRs

CHLOE WALKER  |  THURSDAY, 22 JUN 2023
Morrison Securities (Morrison) has paid a penalty of $333,000 to comply with an infringement notice given by the Markets Disciplinary Panel (MDP). According to the MDP, Morrison contravened the ASIC Market Integrity Rules on six occasions between October ...

Former Capstone adviser in EU with ASIC

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
A former Capstone Financial Planning adviser is in a court enforceable undertaking with ASIC after he failed to maintain adequate records to show clients were receiving the services they'd paid for. Gregory Blackaby, formerly of Acquire Strategic Advisers ...

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
NAB has confirmed it is on track with the wind down of its asset servicing business, including helping its existing clients in selecting a new custodian. As part of an agreement, NAB Asset Servicing is referring some of its clients to Citi and giving ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023
The Clean Energy Finance Corporation (CEFC) and a Canadian state investment manager have co-invested in a platform aimed at assisting Australian farmers at decarbonising while boosting farm production. CDPQ (Caisse de dépôt et placement du Québec) ...

High value investors playing it safe: Report

CHLOE WALKER  |  TUESDAY, 20 JUN 2023
Defined as the top 10% of investors by wealth and trading volume, high value investors (HVIs) have shifted their appetites when it comes to financial risk, according to the ASX Australian Investor Study 2023. While the report noted an even distribution ...

Australian Ethical selects new administrator

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
Australian Ethical has chosen GROW Technology Services as its superannuation administration provider, marking the start of a multi-year transition. In a business update, Australian Ethical explained that following its merger with Christian Super, its ...