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Showing 621 - 630 of 8316 results for "Retail"

J.P. Morgan pays US$18m over whistleblower rule breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2024
The investment giant was in hot water for blocking hundreds of retail clients from reporting potential securities law violations by having them sign confidential release agreements when receiving credits or settlements more than US$1000 ($1518). The ...

Former UniSuper chief appointed to CSLR board

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
... compensation for eligible claims against insolvent financial firms in areas such as personal advice and securities dealing for retail clients.

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... investment players such as BlackRock, Fidelity, Invesco, VanEck, Ark Investments, and Grayscale, opening the door for Australian retail investors and financial advisers to access US listed bitcoin spot ETFs through local brokerages. Betashares head of ...

PineBridge Investments names distribution head for APAC, EMEA

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... manager's APAC and EMEA intermediary business strategy, distributing its investment products to private banks, family offices, retail banks, insurers, and distribution platforms, with a particular emphasis on the UK, Switzerland, and Asian markets. PineBridge ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
Senator Andrew Bragg has called for new reforms aimed at safeguarding retail investors as superannuation funds increase their ownership stakes in Australian public companies. In an opinion piece for The Australian, Bragg proposed broadening the Takeovers ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... favourable weather conditions increasing supply and keeping prices lower, Marquardt said. In terms of shopper activity, retail turnover rose 2% in seasonally adjusted terms in the month of November on the back of Black Friday sales. This equates to shoppers ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... has not been updated since June 2016. In 2015 he joined Sequoia Financial Group's MDS Financial Services as its head of retail and institutional broking. Before that, he was also a senior executive within ANZ's E*Trade Australia business, later rebranded ...

ASIC extends intervention orders against predatory lenders

CHLOE WALKER  |  MONDAY, 8 JAN 2024
... prolonged its product intervention orders for short-term and continuing credit contracts in a bid to protect vulnerable retail investors. The orders, which were first implemented in July 2022, will now be extended until 1 October 2032, or until they ...

Treasury to refresh financial adviser exam

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... advisers. A person is still required to meet the qualifications standard in order to provide personal financial advice to retail clients. Licensees are still required to meet their existing obligation to ensure their advisers are adequately trained and ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... were transferred to Asgard Independence Plan Division Two which, like the Panorama options, did not transfer to Mercer. 3) Retail super funds plan to merge (July 26) In July, Colonial First State's Avanteos Investments made the decision to close ...