Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 681 - 690 of 1144 results for "Notice"

ASIC flags stronger adviser surveillance

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2017
About $618.8 million was paid in compensating and remediating corporate misconduct in the six months to June - almost a fourfold increase on the second half of 2016. During the period, ASIC removed 23 individuals from working in financial service; commenced ...

ASIC and CBA discussing potential advice problem

EMMA RAPAPORT  |  TUESDAY, 15 AUG 2017
The hits keep coming for Commonwealth Bank with new details of problems within the bank that have cost customers and employees millions of dollars. Hours after the bank was forced to refund more than $10 million for mis-sold consumer credit insurance ...

ECB disengages from currency war

BENJAMIN ONG  |  TUESDAY, 15 AUG 2017
One thing stood out when the Reserve Banks of India (RBI), Australia (RBA) and New Zealand (RBNZ) conducted their monetary policy meetings in August, and that is... they all want a lower exchange rate (please sir). Both the RBA and the RBNZ kept interest ...

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 ...