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Showing 51 - 60 of 358 results for "ASC"

Advisers receive guidance on rights under FSCP

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
ASIC has released guidance regarding the function of the Financial Services and Credit Panel, outlining the actions it may take and the rights of financial advisers who are subject to a hearing or disciplinary measure. In December, ASIC outlined the ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
Minutes from the Reserve Bank of Australia's June board meeting revealed a risk of persistently high inflation as employees demanded a rise in wages to combat living costs. The minutes stipulated that should expectations of higher inflation become ...

ASIC succeeds in application to liquidate Ascent

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
ASIC has succeeded in its application to liquidate Ascent Investment and Coaching Pty Ltd after suspecting it was operating without a licence and falsified financial records. ASIC made an application to the Federal Court in March to wind up Ascent and ...

Super's defense against economic volatility

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
At the ASFA Conference, former deputy prime minister and Cbus chair Wayne Swan called superannuation a great triumph of social-democratic policy as it's become a major source of social stability. The world has become a more dangerous place, its ...

'We're living in the world China is making': Conference

ANDREW MCKEAN  |  WEDNESDAY, 27 APR 2022
Appearing at the 2022 ASFA Conference this morning, ABC News journalist Stan Grant has echoed the sentiment that China has arrived as a global superpower and probed Australia's tense but necessitous relationship with its largest trading partner. ...

Hostplus commits to net zero

ELIZABETH MCARTHUR  |  TUESDAY, 15 MAR 2022
Industry fund Hostplus has committed to net zero by 2050, in line with Australia's commitment to the Paris Agreement. "Climate change represents a significant financial risk to global markets and economies over the longer term. We have a responsibility ...

AMP Capital snaps up malls in $760m deal

CHLOE WALKER  |  MONDAY, 20 DEC 2021
AMP Capital has acquired two destination malls, Pacific Fair on the Gold Coast and the Macquarie Centre in suburban Sydney, in separate deals totalling approximately $760 million. AMP Capital Shopping Centre Fund (ASCF) bought an additional 25% stake ...

EISS Super chief executive exits

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
EISS Super chief executive Alex Hutchison has resigned, after the fund failed the performance test and during its planned merger with TWUSUPER. Hutchison resigned yesterday and requested it be effective immediately. EISS Super chief financial officer ...

Centrepoint names chief executive

KARREN VERGARA  |  WEDNESDAY, 4 AUG 2021
A former BT Financial Group executive will take the reins of Centrepoint Alliance from today. John Shuttleworth is the new chief executive of the ASX-listed firm, taking the place of Angus Benbow who left the industry in May. Shuttleworth held several ...

Fund administrator hires from competitor

KANIKA SOOD  |  MONDAY, 2 AUG 2021
Singapore-based Ascent Fund Services has hired from its competitor Apex Group to appoint the lead for its foray into Australia. Eric Koolen was the managing director of Apex Group's Australian business for about two years, ending March 2021. He has ...