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Showing 641 - 650 of 3708 results for "Order"

Fraud charges laid over unlicensed scheme

CASSANDRA BALDINI  |  WEDNESDAY, 20 JUL 2022
Former Perth unlicensed investment scheme boss Chris Marco has been charged with 50 counts of fraud and is due to appear in Perth Magistrates Court on Friday. The charges follow ASIC's investigation which alleged that, between July 2013 and October ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... businesses are actively making choices which harm the economy and are putting millions of households under financial stress in order to increase their margins and secure record chief executive bonuses." "It also reiterates that wage growth, which is ...

Former adviser sentenced over theft

CHLOE WALKER  |  MONDAY, 18 JUL 2022
... Keith Flowers has been sentenced to three years and two months imprisonment, t o be served by way of intensive correction order, and fined $9500. The matter, prosecuted by the Commonwealth Director of Public Prosecutions after a referral from ASIC, found ...

Celsius latest casualty in crypto crash

CASSANDRA BALDINI  |  FRIDAY, 15 JUL 2022
Celsius Network has filed for Chapter 11 bankruptcy making it the latest victim of the crypto crash. In a statement, Celsius said it has filed with the Court a series of customary motions to allow it to continue operation. These "first day" motions ...

Crypto lures executives despite ongoing uncertainty

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
A new report from ETF Securities suggests more people from traditional financial institutions are leaving their jobs for crypto companies. According to the report, the most recent move was from three J.P. Morgan executives. After a little over 21 years ...

Uncertain times calls for portfolio dynamism: Insight

CHLOE WALKER  |  THURSDAY, 14 JUL 2022
... can help deliver this, however: "We also believe that you need exposure to a significant number of stocks, or bonds in the order of 180 or more, diversified across industries so that you're not subject to any major default risk." Insight investment ...

Victorian AR charged with providing unlicensed advice

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
... reached preservation age when he knew that those consumers also had to be retired or working less than 10 hours per week in order to have such access. The statement added that Bhandari advised three consumers to ask their employer to pay their employer ...

Link rejects Dye & Durham takeover bid

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
... alternatives for the business, including an in-specie distribution of a minimum of 80% of Link Group's shareholding in PEXA, in order to maximise value for shareholders," a Link Group announcement said. Dye and Dunham initially tabled a $5.50 per share ...

ASIC takes Lanterne Fund Services to court

ANDREW MCKEAN  |  THURSDAY, 7 JUL 2022
ASIC has issued civil penalty proceedings against wholesale licensee Lanterne Fund Services, saying it operated with almost no compliance staff or risk management processes. The regulator alleges that Lanterne has on multiple occasions failed to meet ...

Frank Casarotti gives his notice

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
The long serving Magellan sales lead will retire at the end of 2023, capping more than 40 years in the industry. Frank Casarotti joined Magellan in 2007 as its general manager of distribution and has been in the role ever since. He was hired by Hamish ...

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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