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Showing 631 - 640 of 1827 results for "Monitor"

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
... Green said financial advisers and investors should adopt a defensive approach in the coming weeks. "Most investors should monitor the situation with their financial adviser and sit tight at present," he said. "But if it is still escalating next week ...

Chief economist update: More from Morrison

BENJAMIN ONG  |  TUESDAY, 21 JAN 2020
"Getting small businesses back on their feet is critical. We want to ensure the right support is in place for small businesses as they get past the initial recovery phase of this unprecedented bushfire crisis..." These were Australian Prime Minister ...

Faith-based super fund increases fees

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
The faith-based superannuation fund for Muslims has announced an increase to its administration fee. Crescent Wealth Superannuation Fund upped its administration fee from 0.69% per annum to 0.89% per annum. The changes come after the promoter of the ...

ASIC claims to support robo-advice

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
In a submission to the Select Committee on Financial Technology and Regulatory Technology, ASIC has claimed it is "supportive" of robo-advice, though harbours concerns around its ability to meet the best interests duty. The regulator said it has met ...

New Year, new APRA

ALLY SELBY  |  FRIDAY, 20 DEC 2019
Like many of us do nearing the end of the year, APRA has taken time for some self-reflection and assessment, identifying three areas it needs to work on next year. APRA has released its 2018/19 self-assessment report to review its key performance indicators ...

Westpac to pay $9.5m for Corps Act breaches

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... Mr Sinha and Westpac", but not always for clients. "Westpac, as Mr Sinha's responsible licensee, failed to properly monitor and supervise Mr Sinha for a period of time. This meant his customers were not provided with advice in their best interests. ...

Westpac served class action

JAMIE WILLIAMSON  |  WEDNESDAY, 18 DEC 2019
Westpac has confirmed it was served with a class action on behalf of shareholders in relation to the AUSTRAC investigation. The class action has been filed by Phi Finney McDonald. The claim relates to market disclosure issues connected to Westpac's ...

Responsible entity declares insolvency

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
... misleading statements and failing to disclose required information. It is also alleged Theta and Marie failed to effectively monitor the performance of Sterling Corporate Services as investment manager or manage conflicts of interest. While the defective ...

ASIC launches action against AFSL, director

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... Sterling Income Trust, Theta issued five defective PDSs for the trust and failed to take all steps necessary to effectively monitor the performance of Sterling Corporate Services as the investment manager. ASIC also alleges Theta failed to identify ...

ASIC lifts ban on new opaque active ETFs

KANIKA SOOD  |  WEDNESDAY, 11 DEC 2019
... other jurisdictions have implemented active ETFs that don't disclose portfolio holdings everyday. "We will continue to monitor international developments," it said. "ASIC's current position is that, with the aforementioned controls in place, internal ...