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Showing 621 - 630 of 3708 results for "Order"

HESTA adds Woodside, Santos to climate watchlist

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
HESTA has notified AGL, Origin, Santos and Woodside that they've been placed on a watchlist under the fund's engagement escalation framework. HESTA has written to the chairs of AGL, Origin, Santos and Woodside informing them the companies were ...

ASIC extends binary options ban

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
ASIC has extended its product intervention order banning the issue and distribution of binary options to retail clients until 1 October 2031. Since coming into effect in May 2021, the ban has successfully prevented retail clients from losing money trading ...

Latest adviser exams see 52% pass rate

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2022
... advice and must have their authorisation ceased by their licensee by September 30. They will then need to pass the exam in order to become reauthorised to provide personal advice. However, if an advisers' licensee does not cease their authorisation by ...

Future Fund assets drop to $194.4bn

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
... last year our thoughts on that." Arndt explained Future Fund has made over $30 billion worth of changes to its portfolio in order to position it accordingly "for that world." "Those changes have meant the return is $4 billion better than it would have ...

Perth Mint faces AUSTRAC probe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
The Perth Mint is the subject of an AUSTRAC investigation into compliance with anti-money laundering laws. The financial crimes regulator has ordered the appointment of an external auditor to Gold Corporation, which trades as The Perth Mint, to assess ...

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... orders for three companies over deficiencies in their products' TMDs in July. This marked the first use of its stop order powers under the design and distribution obligations.

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
MobiSuper and its licensee will pay a $250,000 penalty for breaching superannuation advice laws while promoting the MobiSuper fund. MobiSuper and ZIB Financial will pay the combined penalty after the Federal Court found MobiSuper representatives had ...

ASIC capability review released

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... that it welcomed the report and its chair Joe Longo said: "We need to keep pace in an environment of accelerated change in order to be a confident and ambitious regulator. I welcome the FRAA's recommendations which align closely with my priorities ...

Adviser standards consultation commences

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
... time out of the industry, caring for children or other loved ones. Advisers must also have a clean disciplinary record in order to access the proposed new pathway. This would, at minimum, require them to have no disciplinary actions recorded against ...

BlackRock Real Assets buys battery grid business

CHLOE WALKER  |  TUESDAY, 16 AUG 2022
The buyout and $1 billon spending commitment towards Akaysha Energy demonstrates the investment giant's continued support of green energy projects in Australia. This marks the first battery storage investment made by BlackRock's Climate Infrastructure ...