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Showing 651 - 660 of 3708 results for "Order"

ASIC releases guidance on super, retirement calculators

ANDREW MCKEAN  |  TUESDAY, 5 JUL 2022
... products." Super calculators and retirement estimates may involve personal financial advice, but ASIC chooses to give class order relief from Australian Financial Services (AFS) licensing and personal advice requirements for tool providers. Under ASIC's ...

Melissa Caddick's multimillion dollar mansion to hit the market

CASSANDRA BALDINI  |  FRIDAY, 1 JUL 2022
The liquidators in charge of recovering money on behalf of Melissa Caddick's victims are hoping to sell the house in the coming weeks. Principal of Sydney Sotheby's International Realty Michael Pallier has been picked by Jones Partners to sell ...

SEC fines UBS Financial Services over fraud charges

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... significant risks associated with the strategy, those risks were not communicated to advisers or investors. "As a result, the order finds, some of UBS's advisors did not understand the risks and were unable to form a reasonable belief that the advice ...

ASIC takes Mercer Financial Advice to court

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... are only in relation to conduct dating back to January 2016. ASIC is seeking declarations, pecuniary penalties, publicity order and costs.

Adviser associations to merge

CASSANDRA BALDINI  |  THURSDAY, 30 JUN 2022
... times for advisers." Macdonald added that the merger will allow for greater collaboration. "As we have consistently said, in order to move forward, the financial advice community needs to genuinely collaborate. The merger will enable us to deliver a ...

Neobank Volt closes its doors

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
Australian neobank Volt, the first of its kind to receive a full banking licence from APRA, is closing its doors and urging customers to withdraw all funds from accounts before July 5. In a statement, Volt said the decision was made by the board after ...

ASIC urges market to improve outage resilience

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
... the ASX said it intended to consult in three stages on the issues raised including incident communication, session states, order and trade positions, intraday checkpoints, cut-off times, and business continuity planning and IT disaster recovery. ASIC's ...

ASIC obtains orders to freeze assets

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
ASIC has obtained urgent interim orders from the Federal Court to freeze the assets of Ashley Vincent Arandez and four companies of which he is a director. The regulator sought these orders on an urgent, ex parte, basis because it is concerned Arandez ...

ABE releases Rolls Royce bond

CHLOE WALKER  |  FRIDAY, 24 JUN 2022
... for the Rolls Royce Bond Linked Security saw the issue going oversubscribed by 60%, leading to an upsize of the deal in order to accommodate that increased demand," he said. "The recent market volatility provides us with opportunities that under normal ...

Young investors undeterred by volatility: Data

CHLOE WALKER  |  THURSDAY, 23 JUN 2022
Despite an ever-increasing market of volatility and ongoing macroeconomic instability, young investors are buying shares 10 times more often than selling this year, according to insights from investment platform Pearler. In fact, buy orders on Pearler ...