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Showing 611 - 620 of 3708 results for "Order"

Former fund manager, philanthropist Brian Sherman passes away

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... of the Rambam Israel Fellowships program. For his services to the community and his philanthropy, Sherman was awarded the Order of Australia medal in 2004. Over his lifetime, he also received the B'nai B'rith Gold Medal for outstanding humanitarianism ...

Stop orders placed on property funds

CHLOE WALKER  |  WEDNESDAY, 14 SEP 2022
... not adequately describe the class of retail clients in the intended market or specify mandatory review periods. The stop order for both funds is valid for 21 days unless revoked earlier. In late July ASIC used its powers under the DDO regime to place ...

Superhero launches auto-invest capability

JAMIE WILLIAMSON  |  MONDAY, 12 SEP 2022
... investment discovery experience for users. From today, Superhero users can schedule automatic buy orders to have a recurring order for any share or ETF available on Superhero, either Australian or US. The new feature is intended to make it easier for ...

Aura Group launches term deposit fund

CHLOE WALKER  |  FRIDAY, 9 SEP 2022
... Australian Authorised Deposit Taking Institutions," Aura Group managing director Calvin Ng said. "The fund's priorities, in order, are the preservation of capital, daily liquidity and a net return in line with our target." The announcement comes just ...

ABN AMRO Clearing pays $222k penalty

ANDREW MCKEAN  |  THURSDAY, 8 SEP 2022
... Threshold of the total aggregate of each of the relevant block trades. However, that check was not applied individually to each order within the relevant block trade to confirm those individual orders also met or exceeded the Minimum Volume Threshold ...

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
ASIC surveillance of managed funds' marketing materials has found several instances of inadequate warnings or disclaimers related to performance and downplaying of risks, leading 13 providers to make amendments. To date, 13 responsible entities or trustees ...

ASIC bans Sterling & Freeman director

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... financial years. ASIC also found Saman was not fit and proper to be involved in a financial services business. The banning order prohibits Saman from performing any function involved in the carrying on of a financial services business and from controlling ...

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... certain situations," it said. The association added that removing cancellation fees that apply to approved SMSF auditors, in order to provide equitable treatment with registered company auditors, would remove a significant financial barrier. It further ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
APRA has begun consulting on new prudential standards to strengthen the financial crisis response of banks, insurers and superannuation trustees. The regulator said the two proposed standards are aimed at ensuring entities are prepared to deal with ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... to bring demand back into line with supply and to continue signalling that its committed to its 2-3% inflation target in order to keep inflation expectations down." KPMG partner and senior economist Sarah Hunter said: "The economy is testing the limits ...