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Showing 631 - 640 of 1892 results for "Associated"

Westpac admits to failures

ELIZABETH MCARTHUR  |  MONDAY, 18 MAY 2020
... failures. These include the non-reporting of international fund transfer instructions (IFTIs) and failure to trace associated information. IFTIs must be reported to AUSTRAC within 10 days of the transaction. The bank also admitted to record keeping failures ...

State Street fund purges tobacco, weapons

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
... the index. "Over recent years, we have witnessed a number of very large asset owners in Australia exclude companies associated with tobacco and controversial weapons," State Street said in its reasoning for the changes in a letter sent to investors. ...

Macquarie advice shift offers mixed results

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
... benefits of its realignment have been partially offset by reduced wealth management fee income, which it said was "associated with realigning the wealth advice business to focus on the high-net-worth segment." Specifically, wealth management fee income ...

Frontline worker death nominations spike

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... shown social isolation has real, negative effects on wellbeing," Thomas said. "A lack of social connection has been associated with heightening health risks as much as smoking 15 cigarettes a day." Cameron said the data was released to coincide with ...

Advice, but not as you know it

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... in the quickly changing investment environment," Karagianis said. "One thing we can say is that the crisis and the associated market volatility has given greater focus to the importance of appropriate portfolio construction and risk management within ...

AFP investigates ERS scams

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... to protect the integrity of the early access to super scheme have detected a small number of fraudulent activities associated with the program. "ATO systems were not hacked," the ATO said. "A small number of people appear to have had personal details ...

Platform cancels top 50 funds list

ELIZABETH MCARTHUR  |  TUESDAY, 5 MAY 2020
... preference for funds offering discounts over formal and objective criteria, lack of independence of research teams and associated governance," FCA director of supervision - life insurance and financial advice Debbie Gupta wrote. "Processes for clear ...

Westpac to review business units

JAMIE WILLIAMSON  |  MONDAY, 4 MAY 2020
... impairment charge of $2.2 billion, including $1.9 billion to account for the potential impact of COVID-19 and other costs associated with the ongoing AUSTRAC matter, for which it has provisioned $900 million for a possible penalty. As a result, Westpac ...

Is it really as bad as it seems?

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... volatile markets, leadership can rotate quickly from one sector or market to another. "Investors can spread the risk associated with specific markets or sectors by investing into different asset classes to reduce the likelihood of concentrated losses," ...

Former Spectrum Wealth, NAB advisers banned

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... their desire to purchase property. Additionally, the regulator said she failed to reasonably inform her clients of all associated costs of holding a property within an SMSF and provide them with statements of advice. "In one instance, Myers advised her ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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