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Showing 651 - 660 of 1111 results for "Notice"

APRA puts super funds on notice

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
The Australian Prudential Regulation Authority will consult on a raft of proposed changes to the superannuation prudential framework, in an effort to lift operation governance practices of regulated superannuation trustees. The proposals were outlined ...

Macquarie and Canadian pension fund buy SA government asset

EMMA RAPAPORT  |  FRIDAY, 11 AUG 2017
... customer service, promote investment in systems and reduce risks to government in future ICT upgrades. "South Australians will notice no change in the services they receive through these functions," Koutsantonis said. Land Services SA is expected to ...

Investment managers turning to hungry retail market

ALEX BURKE  |  MONDAY, 24 JUL 2017
Boutique and alternatives managers, traditionally the purview of institutional and wholesale investors, are turning to an increasingly sophisticated retail market to diversify their client bases. Consider Cooper Investors, the $11 billion global equities ...

Sydney RE to pay for false ads

JAMIE WILLIAMSON  |  MONDAY, 17 JUL 2017
The Federal Court of Australia penalised a Sydney-based managed investment services boutique for falsely claiming that its projects were approved by ASIC. Huntley Management operates as a responsible entity and custodian for registered schemes and as ...

Super trustees on notice over fund disclosure

DARREN SNYDER  |  WEDNESDAY, 5 JUL 2017
Fifteen per cent of superannuation trustees needed improvement in the disclosure of information on super fund websites according to Australia's corporate regulator. ASIC recently wrote to 21 superannuation trustees who failed to meet "Transparency Information" ...

Disengaged members vulnerable in super

EMMA RAPAPORT  |  MONDAY, 3 JUL 2017
... funds about the issue of defaults, adding: "Inappropriate defaults can be adverse to consumers, as they are unlikely to notice the change in status that has been applied to their member account and take action to fix the issue. "Now is the time for trustees ...

REST CEO moves on, custodian renewed

EMMA RAPAPORT  |  MONDAY, 26 JUN 2017
... and we sincerely thank him for his contribution and leadership. In typical fashion, he has provided the fund with ample notice in order to ensure a seamless transition," Marshman said. In a statement Hill praised the $45 billion fund, and noted his intention ...

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
... another 25 basis point lift in the fed funds rate from one to 1.25% (the second this year) while at the same time giving notice that it would "begin implementing a balance sheet normalisation program this year." No surprises here given the improving ...

Insurer must refund $330k

EMMA RAPAPORT  |  WEDNESDAY, 21 JUN 2017
... life insurer's approval, indicates serious deficiencies with its compliance." "We have put all insurers in this market on notice that they need to change their practices and ensure they are properly considering the interests of consumers." Where a consumer ...

UBS cops $280,000 ASIC fine

ALEX BURKE  |  FRIDAY, 16 JUN 2017
... $280,000 in penalties following two infringement notices issued by ASIC's Markets Disciplinary Panel. The first infringement notice pertained to UBS' PIN crossing system, in which orders are executed based on algorithms reflecting a given client's investment ...