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Showing 51 - 60 of 149 results for %22Managed Action Plan%22

BlackRock wakes up to climate change

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... quarterly 13F report to the Securities and Exchange Commission. Data collated by Whalewisdom on BlackRock's actively managed 13F securities revealed the fund manager has a stake in several fossil fuel companies. It owns more than 281 million shares ...

JPMorgan Chase reports record profits

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... lifted 6% from the previous year, generating $167.6 billion (US$115.6 billion) for the bank. Net reported revenue and managed revenue for the fourth quarter rose 9% from the previous year, cashing in at $41 billion (US$28.3 billion) and $42.3 billion ...

New Year, new APRA

ALLY SELBY  |  FRIDAY, 20 DEC 2019
... is clear, targeted and effective KPI 3: Actions undertaken by regulators are proportionate to the regulatory risk being managed KPI 4: Compliance and monitoring approaches are streamlined and coordinated KPI 5: Regulators are open and transparent in ...

Responsible entity declares insolvency

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
... Sterling Income Trust. ASIC's action is completely removed from the Australian Corporate Bond Trust and XTBs or any other managed investment scheme associated with Theta. Theta remains the RE of the trust and is also a service provider to the business ...

ASIC takes action against former AMP adviser

HARRISON WORLEY  |  THURSDAY, 5 DEC 2019
... ASIC commenced civil proceedings against a former authorised representative of AMP accused of operating an unregistered managed investment scheme and using investor funds for themselves. The corporate regulator has taken action against former financial ...

Former Apogee, GPS Wealth advisers banned

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... mortgage broker. Despite their differing needs and circumstances, Khaw advised almost all of them to establish a self-managed superannuation fund or use an existing SMSF and to then use a limited recourse borrowing arrangement to purchase a property. ...

Former adviser cops 12 years in jail

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
... ASIC claim that over a period spanning more than two years, Jayaweera induced investors to invest money from their self-managed superannuation funds in the Australian Diversified Sector Income Fund (ADSIF), an unregistered managed investment scheme. ...

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
... making payments to other clients as dividend payments. All told, seven clients made 12 investments - including through self-managed super funds - to CFS totaling $1.865 million. The court adjourned the matter until December 17, when it will then be mentioned ...

Code monitoring move disappoints industry

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... and FPA in conjunction with the Boutique Financial Planners, the Financial Services Institute of Australasia, the Self-Managed Super Fund Association and the SAFAA. Brad Fox, former chief executive of the AFA and current managing director of SmartBrave ...

BT Panorama boosts functionality

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
... investments and operations Kathy Vincent explained that growth of BT Panorama has been driven by adviser demand and the rise of managed accounts. "The latest enhancements are a combination of boosting stability across the platform to improve overall ...