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Showing 671 - 680 of 1128 results for "Notice"

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 ...

Senior ATO official tangled in $165m fraud scandal

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
... alleged $165 million tax evasion syndicate. Deputy tax commissioner Michael Cranston was issued with a court attendance notice and is expected to be charged with abusing his position as a public official, though the AFP does not believe him to be directly ...

Fund manager appoints new COO

ALEX BURKE  |  THURSDAY, 27 APR 2017
... significantly invested - concerning the motivations behind calling for a board renewal meeting. On March 14, Keybridge served a notice to Molopo requesting the latter call a general meeting to allow shareholders to vote on the appointment of three new ...

Markets ignoring climate crisis: Hewson

ALEX BURKE  |  WEDNESDAY, 26 APR 2017
Former Liberal Party leader and chair of the Asset Owners Disclosure Project, John Hewson, believes markets are ignoring a climate-induced crisis far more severe than the one caused by subprime mortgages. Speaking at a Sydney briefing discussing BetaShares' ...