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Showing 621 - 630 of 8772 results for "Products"

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024
... investment decisions." Meantime, ASIC deputy chair Sarah Court said it is essential that companies do not misrepresent their products or investment strategies. "This is an important decision and the penalty imposed is the highest yet for greenwashing ...

ART, Perennial back debt collection fintech

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
... capital raised will be used to "expand into new markets, deliver on its M&A strategy, and further develop the company's products and solutions." The injection reflects strong interest in global companies looking for a differentiated solution in debt ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
The Australian Prudential Regulation Authority (APRA) has put superannuation platform products under the microscope, saying their higher fees and costs are eroding members' retirement savings. Platform TDPs charged higher administration fees and costs ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... superannuation industry seems to have this idea that funds management product specialists can't possibly understand super products, whereas if we were in the EU market, product professionals would move more easily among the different sectors because ...

ASIC updates and reissues RG 121

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... by employees or agents or otherwise. Lastly, the new guidance has updated descriptions of, or references to, financial products and services, obligations of AFS licensees, legislation administered by ASIC, other applicable rules and legislation, and ...

GAM Investments loses local lead

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
... Additionally, the two funds will work together to develop and launch new and innovative commodity-focused investment products covering the challenges and opportunities of the energy transition, the circular economy, and digital transformation. GAM group ...

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... April 2021. MIMBT is MAM's registered investment adviser based in Philadelphia. The now-defunct ARMBS fund invested in products such as mortgage-backed securities, CMOs, and treasury futures. It sought to achieve LIBOR +3% over a market cycle, while ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
The government is consulting on new regulations to relax restrictions on legacy superannuation products which would allow individuals to exit unsuitable products and remove barriers to closing legacy funds. The purpose of the draft Treasury Laws Amendment ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... employees their 'stapled' fund as part of the choice of fund to help reduce duplicate accounts. Advertising of super products at this stage will be limited to MySuper offerings that have passed the most recent performance test, Treasury said. ...

TelstraSuper picks Equip for merger partner

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... members working for Telstra. As at March end, about 14,000 of the fund's 93,000 members are invested in its retirement products. It also has a further 1800 or so in its defined benefit offerings which were established in 1990 at the fund's inception. ...