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Showing 661 - 670 of 3425 results for "Update"

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... also shows that 5% of products decreased fees multiple times during the period. The September quarter saw 159 products update their PDSs - more than the previous quarters. Of these, 21% increased fees, 25% decreased fees and 54% made no change to fees. ...

Financial Advice Hub goes live

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
The one-stop shop for regulatory information for financial advisers launched on December 7. ASIC unveiled the new webpage following feedback from the industry that its resources were hard to find. The hub now consolidates ASIC's existing regulatory ...

Avanteos faces criminal charges over deceased super members

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
superannuation members. Avanteos pleaded guilty to 18 criminal charges relating to failures to update defective disclosure statements and continuing to charge fees to deceased super fund members. At the time of the offending, Avanteos was a subsidiary ...

APRA finalises new bank capital framework

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
The Australian Prudential Regulation Authority (APRA) has finalised its new bank capital framework, designed to strengthen levels of capital and align Australian standards with the internationally agreed Basel III requirements. The new regime, which ...

BetaShares changes custodian for hedge funds

ELIZABETH MCARTHUR  |  FRIDAY, 26 NOV 2021
The custodian of BetaShares' listed hedge funds has changed. The ETF manager announced to the ASX that from November 26 Deutsche Bank AG will no longer serve as the custodian and prime broker for the three funds. Instead, BNP Paribas has been appointed. ...

AMP flags $325m performance hit

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... strategic direction." She added that the charges are mainly non-cash and related to legacy issues. In its September quarter update, the group reported mixed results. The wealth management business saw $1.4 billion in outflows while the North platform ...

Link enters UK pension market

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
... Group announced it received another unsolicited proposal for its banking and credit management business and provided an update on Carlyle Group's progress in its takeover bid.

Link updates on bid offers

ANNABELLE DICKSON  |  TUESDAY, 23 NOV 2021
... announced it received another unsolicited proposal for its banking and credit management (BCM) business and provided an update on Carlyle Group's progress in its takeover bid. Link received an unsolicited, conditional and non-binding proposal from LC ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... businesses and consumers to bid prices higher. But how's it going for Australia? The Australian Bureau of Statistics' (ABS) update on the country's wages suggests that the RBA is correct. The annual growth in the country's total wages accelerated to ...

Citi launches sustainability-linked supply chain finance

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
Citi launched its first sustainability-linked supply chain finance program in Asia Pacific, aiming to support clients advance their ESG priorities. The supply chain finance programs provide funding to a client's suppliers from the date of collection ...