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Showing 601 - 610 of 5500 results for "September 2015"

ASIC case against Commonwealth Bank dismissed

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
The Federal Court has dismissed proceedings brought by ASIC against the Commonwealth Bank of Australia (CBA) over fees. The court dropped allegations that the bank engaged in misleading or deceptive conduct, made false or misleading representations ...

Survey shows impact of inflation on industry pay rises

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
New data has highlighted the roles within banking and financial services that will receive pay rises in excess of inflation and those that won't. According to the latest Robert Walters Salary Survey, those who can expect a median increase are wealth ...

SMSF auditors in hot water

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
ASIC has acted against six self-managed superannuation fund (SMSF) auditors for breaches of independence requirements and auditing standards. Between June 29 to September 30, ASIC disqualified three SMSF auditors from being registered, imposed additional ...

BOQ boss departs suddenly

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
The search for a new chief executive is underway at the Bank of Queensland (BOQ) following today's sudden departure of George Frazis. BOQ chair Patrick Allaway has stepped into the executive chair role while the bank commences its domestic and international ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
One of Sam Sicilia's pet themes is that the forces of technology are deflationary, and they will inevitably kick in to be a dominant influence. The Hostplus investment chief has been on this tear for some time and hasn't changed his mind despite ...

Stop orders slapped on two Perpetual funds

JAMIE WILLIAMSON  |  FRIDAY, 25 NOV 2022
Dodgy target market determinations (TMDs) have seen ASIC place interim stop orders on two Aussie equities funds from Perpetual. Perpetual cannot offer or distribute the Perpetual Pure Microcap Fund or Perpetual Geared Australian Share Fund for the next ...

Super assets decline despite contributions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 23 NOV 2022
Total superannuation assets dropped 3.2% in the year to September 30 despite a 12% increase in contributions. APRA's latest statistics show $150.2 billion in contributions were made in the period, which is about 12% higher than the previous corresponding ...

Super fund overhauls investment direction

JAMIE WILLIAMSON  |  MONDAY, 21 NOV 2022
Professional Super will soon change the way its funds are invested, in a move expected to improve member outcomes. It will also introduce a loyalty program to help members save on fees. The fund, which is a sub-plan of the Tidswell Master Trust and ...

Perpetual appoints head of equities

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
Perpetual has promoted Vince Pezzullo to head of equities within Perpetual Asset Management Australia. Pezzullo's appointment follows the resignation of current head of equities Paul Skamvougeras. Despite his departure from the role, Skamvougeras ...

Forrests invest in post-war, green Ukraine

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2022
Andrew and Nicola Forrest's investment firm has committed nearly $750 million to a fund dedicated to rebuilding post-war Ukraine's infrastructure with green and digital assets. Forrest and President Volodymyr Zelenskyy announced the investment ...